Economy

The U.S. economy added 214,000 jobs in October, as the national unemployment rate dropped to 5.8 percent, according to data released Friday by the Bureau of Labor Statistics. That is the lowest unemployment rate recorded since July 2008. On the down side, average hourly pay rose only three cents, to …

National retail sales slowed last week, with most sectors posting only modest gains. Sales were up 1.8 percent year-over-year for the week that ended Saturday and were down 1.6 percent compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales …

Manufacturing in the Inland Empire is back on track, at least for now. The region’s purchasing manager’s index for October was 52.6, according to the monthly report on manufacturing released Monday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That was nearly a four-point …

Helped in part by lower gas prices across the country, national retail sales remained strong 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 Sales …

The Inland Empire is the fastest-growing region in Southern California, and that trend will continue for about five years, according to a forecast released last week. Available land, major transportation corridors and its closeness to the ports of Los Angeles and Long Beach have combined to make the Inland region …

California sustained the largest month-over-month loss of jobs in September of any state. The state, which still saw its unemployment rate drop last month, lost 9,800 jobs in September, according to data released Tuesday by the U.S. Bureau of Labor Statistics, a division of the U.S. Department of Labor. That …