Economy

The Inland Empire retail market posted solid numbers during the second quarter, with vacancy down and net absorption up. Vacancy was 7.78 percent during the quarter, down slightly from May and down 8.1 percent year-over-year, according to Voit Real Estate Services’ second quarter report. More than 257,000 square feet of …

National retail sales posted a modest gain – 0.1 percent – during the week that ended Saturday. That marked the fifth consecutive week of sales growth throughout the country, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Year-over-year, …

June was a strong month for U.S. retail. Sales were up 5.9 percent last month compared with June 2013, according to data released Thursday by the International Council of Shopping Centers. After a sluggish winter, sales nationwide were “healthy and strong” during June, with strong spending on essential items and …

The Fourth of July looked like Christmas to some U.S. retailers. Sales were up 1.7 percent for the week that ended Saturday compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Year-over-year, sales were up a robust 3.3 …

As expected, the Inland Empire’s industrial market remained strong during the second quarter of 2014. Industrial vacancy was 5.6 percent during that three-month period, down from 5.82 percent during the second quarter of 2013, according to Voit Real Estate Services’ second quarter report. About 4.7 million square feet of construction …

Manufacturing in the Inland Empire is definitely growing. The purchasing managers index for June was 53.5, the third consecutive month the index was above 50, according to the Institute of Applied Research and Policy Analysis at Cal State University San Bernardino. Three consecutive months establishes a trend, and anything 50 …