Economy

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 …

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 …

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 …