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Economy

Traditional stores still lead back-to-school shopping

Inland Empire Business News May 21st.001

The Internet is apparently putting a slight dent in back-to-school shopping. About 85 percent of all back-to-school purchase are expected to happen at brick-and-mortar stores, according to a recent survey of 1,000 consumers by the International Council of Shopping Centers. Seventeen percent of those surveyed said they plan to buy …

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Job openings at record levels

Inland Empire Business News December 17th.002

If you believe you’re seeing more businesses advertising available jobs, it’s probably not your imagination. Nationwide, there were 5.3 million job openings during May, the most openings in 15 years, according to data released Tuesday by the U.S. Bureau of Labor Statistics. That was a slight increase compared with April, …

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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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