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Jobs added, but unemployment rate doesn’t move

Inland Employement Numbers Better Than Expected

U.S. employers added an impressive 321,000 jobs in November, according to data released Friday by U.S. Department of Labor. Despite that increase – the largest monthly job hike in nearly three years – remained at 5.8 percent, the lowest it’s been in six year, the department’s monthly report on U.S. …

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Sales jump in November

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November was a solid month for U.S. retail sales. Chain-store sales were up 4.9 percent last month compared with November 2013, according to data released Thursday by the International Council of Shopping Centers. Clothing showed an especially strong increase compared with October, but all sectors were strong last month, said …

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Cyber Monday hits San Bernardino

Inland Empire Business News May 21st.001’s fulfillment center in San Bernardino was in full-swing on Cyber Monday, traditionally the busiest day of the year for online sales. Internet shoppers placed 426 orders per second on Cyber Monday in 2013, and officials expected to top that pace this year, according to multiple published reports. The …

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Black Friday nudges retail sales

Inland Empire Business News April 5th.003

Although Black Friday was a disappointment, it still managed to give national retail sales a boost last week. Sales were up 2.8 percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store …

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Christmas sales stumble early

Inland Empire Business News May 21st.002

Despite a recovering economy and some deep discounts, particularly in clothing and electronics, the holiday shopping season is off to a less-than-spectacular start. Sales were down 11 percent during the Thanksgiving weekend compared with the same weekend last year, according to data released Sunday by the National Retail Federation. Consumer …

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Inland manufacturing is strong again

Warehouse Deal Approved As Property Values Drop.002

The Inland Empire’s manufacturing sector is apparently back on solid footing. The region’s purchasing managers index last month was 53, virtually unchanged from October and well above the 50 benchmark that indicates manufacturing growth, according to the monthly report in Inland manufacturing released Monday by the Institute of Applied Research …

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