California is expected to post steady job gains during the next five years, according to a report released Wednesday. The report, an economic forecast and industry report by the Los Angeles County Economic Development Corp., predicts a 7.5 percent unemployment rate for the state this year and seven percent next …
Read More »Retail stays on a roll
National retail sales remained strong last week. Sales were up 3.9 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 Stores Sales Index, which was released Tuesday. Week-over-week, sales rose a modest …
Read More »Local industrial market stays strong
The Inland Empire industrial market posted solid growth during the third quarter, with 10.1 million square feet of transactions during that time. That was nearly a four percent increase compared with the second quarter of this year, with 5.9 million square feet of construction on the region’s east side and …
Read More »More national job growth
The U.S. economy posted solid job gains in September. U.S. employers added 248,000 jobs last month, the 48th consecutive month of positive job growth, according to data released Friday by the U.S. Bureau of Labor Statistics. That reportedly ties the longest period of job growth since the bureau, which is …
Read More »IE manufacturing drops
Manufacturing in the Inland Empire hit a bump in the road last month. The region’s purchasing managers index was 48.8 in September, the first time since March that the number fell below 50, according to the monthly Inland Empire Report on Business, which was released Wednesday by the Institute of …
Read More »September a solid retail month
National retail sales ended September on a strong note. Sales were up 3.6 percent year-over-year for the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Sales were down 0.2 percent from the previous week. …
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