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Economy

U.S. retail market looks strong

Inland Empire Business News.001

National retail sales are definitely on the upswing. Sales were up one 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. The really good news, however, was the year-over-year number: up …

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Minimum wage hike to take effect

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Hourly workers in California will soon see a slight bump in their paychecks. Effective Today, the state’s mandatory minimum wage will go from $8 to $9 per hour, the first increase in six years. The increase, which was introduced in a bill by Assemblyman Luis Alejo, D-Salinas, in 2012, will …

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Californians feel better about their finances

Housing Prices Drop

For the first time in seven years, more Californians than not say they’re better off financially now than they were one year ago. However, those same residents remain concerned about the state’s economy and say it is still difficult to find a job where they live, according to the results …

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Retail remains strong

Inland Empire Business News May 21st.001

The summer shopping season is off to a solid start. National retail sales were up two percent for the week that ended Saturday compared with the previous week, according to the International Council Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Year-over-year, the news was even better: sales …

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Inland jobless rate drops

Inland Employement Numbers Better Than Expected

May was a good month for jobs in the Inland Empire. The two-county region’s unemployment rate fell to eight percent last month, down from 8.3 percent in April and well below the 9.7 percent jobless rate that was predicted one year ago, according to the state Employment Development Department. That’s …

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U.S. retail sales up

Inland Empire Braces for Shopping Season.001

National retail sales bounced back slightly last week, despite bad weather in some parts of the country Sales were up 0.4 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 Stores Sales Index. Overall …

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