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Sales jump in November

Inland Empire Business News August 13, 2014.002

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

Amazon.com’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 Amazon.com 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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Economy posts solid growth numbers

Inland Empire Business News August 13, 2014.002

The U.S. economy grew by nearly four percent during the third quarter, higher than the original estimate for that three-month period. Economists at first believed the economy grew 3.5 percent during that quarter, but that number was revised up to 3.9 percent after because of greater spending by consumers and …

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