Manufacturing in the Inland Empire turned in another solid month in February. The region’s purchasing managers index was 59, a substantial increase compared with the 53.5 recorded in January, according to the monthly report on manufacturing released Monday by the Institute of Applied and Policy Analysis at Cal State San …
Read More »Inland job growth better than state’s
Job growth in the Inland Empire is outperforming California’s job growth, as well as some of the state’s larger metropolitan areas. Employment grew 2.6 percent last year in Riverside and San Bernardino counties, compared with 2.2 percent growth statewide, according to report by the non-profit Los Angeles County Economic Development …
Read More »Report says state’s economic future looks good
Employment in California is expected to grow during the next two years, as the state’s economy continues to make steady improvement, a report released Wednesday predicted. Employment will increase 2.2 percent this year and 2.1 percent in 2016, while the state’s unemployment rate will fall to 6.7 percent by the …
Read More »Strong retail predicted for 2015
National retail sales are expected to rise 4.1 percent this year, according to the National Retail Federation. That would be the largest increase since 2011, when sales increased 5.1 percent year-over-year, according to the federation’s annual national retail forecast, which was released Thursday. Sales were up 3.5 percent last year. …
Read More »Retail sector gets stronger
Retail added 34,800 jobs in January, as some merchants added to their staffs following the holiday shopping season. Job gains were posted in sporting goods, e-commerce and general merchandise stores, according to the National Retail Federation in Washington, D.C. Another sign that the U.S. economy is in recovery, the retail …
Read More »January a good month for jobs
The U.S. economy added 257,000 jobs in January, according to data released Friday by the U.S. Bureau of Labor Statistics. More good news: more jobs were added in November and December than previously reported, and average hourly wages in January rose 12 cents to $24.75, the largest gain in that …
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