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Economy

Economy posts healthy job growth

Inland Empire Business News December 17th.002

The U.S. economy added 223,000 jobs last month, as employers continued to hire at a steady pace. That was enough to drop the national unemployment rate to 5.3 percent, down from 5.5 percent in May and the lowest it’s been since April 2008, the U.S, Labor Department reported Thursday. Although …

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Local manufacturing stays up

Inland Empire Business News for November.002

The Inland Empire’s manufacturing sector remained strong during June. The two-county region’s purchasing managers index last month was 52.4, virtually unchanged from last month and the ninth consecutive month the index was above 50, according to data released this week by the Institute of Applied Research and Policy Analysis at …

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State gas prices remain high

Inland Empire Business News August 18th, 2014.001

California is way ahead of almost everyone when it comes to gasoline prices. The average price of a gallon of regular gasoline on Monday in the state was $3.45, which was second only to Alaska at $3.47 a gallon, according to the American Automobile Association’s Daily Fuel Gage Report. In …

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Millennials flex their muscle

Millenials Make up IE Workforce

Millennials, defined as anyone born between 1982 and 2000, now make up more than one-quarter of the U.S. population. About 83.1 million people fall into that category, exceeding the baby boomers, who total about 75.4 million, according to data released recently by the U.S Census Bureau. Overall, millennials are more …

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Consumer spending rises

Inland Empire Business News September 10th, 2014.003

U.S consumer spending rose 0.9 percent in May month-over-month, the largest such increase in nearly six years. Most of that money was spent on miscellaneous items, including small purchase like groceries and big-ticket items like automobiles, according to data released Thursday by the U.S. commerce department. Cheaper gasoline prices in …

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Amazon to add Inland jobs

Inland Empire Business News for November.001

Amazon isn’t done hiring in the Inland Empire. One month after the online retail company announced it would hire 1,000 people to work at its mega-warehouses in Riverside, San Bernardino and Moreno Valley, Amazon officials have said they will add another 1,000 jobs at those facilities. The announcement was good …

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