Economy

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 …

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 …

Retailers appear to be in a good position heading into the holiday shopping season. National sales were up 1.7 percent during 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 Index, which …

California recorded an 7.3 percent unemployment rate in October, while generating the largest job increase in the nation during that time. Employers in the state added 41,500 non-farming jobs last month, according to data released Friday by the U.S, Bureau of Labor Statistics. Texas – the only state that has …

The drop in gasoline prices continued to help retail sales last week. Nationwide sales were up 2.2 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 Index. Week-over-week, sales were …

Even better, they might keep dropping. Analysts are citing a number of factors for the decline, but it’s apparently not a temporary phenomenon, according to the U.S. Department of Energy. With the Christmas season around the corner, the drop couldn’t have happened at a better time for retailers. No, you …