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Economy

Summer job market heats up

Inland Employement Numbers Better Than Expected

While it might not be a great year for summer jobs, there are some signs that 2014 might be better than the past few years for young people seeking temporary work. Unemployment continues to drop, and that could be a good sign for high school and college students who are …

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Retail sales jump significantly

Inland Empire Braces for 2014.002

National retail sales were up six percent in April year-over-year. Most of the bad weather that plagued the midwest and east coast earlier this year went away last month, causing consumers to return to shopping malls, according to the International Council of Shopping Centers in New York. “After sluggish demand …

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Retail sales down

Inand Empire Businesses Ramp Up for Holiday Shopping.001

National retail sales dropped two percent for the week that ended Saturday, and bad weather is being blamed for the decline. Although temperatures were only 1.3 degrees colder this year than they were during the same week one year ago, severe storms and flooding on much of the east coast …

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Study says tribal casinos are an economic boon

Inland Empire Braces for Shopping Season.002

Native American gaming is giving California a significant economic boost. Tribal-owned casinos pumped about $8 billion into the state’s economy during 2012, while non-gaming operations – hotels, spas, entertainment – generated another $2.3 billion, according to a study released Monday. The report was put together by Beacon Economic in Los …

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Inland manufacturing roars back

Inland Empire Business Market Heats Up.001

Sighs of relief accompanied the release of the most recent purchasing managers index for the Inland Empire. That’s because the index for April was 59.1, a jump of 10.1 points compared with March’s 49 index, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. …

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Warm weather, seasonal demand help sales

Inland Empire News for April 2.003

Retail sales were strong nationwide last week, boosted by seasonal demand and warm weather throughout much of the country. Sales rose 1.6 percent during the week that ended Saturday compared with the previous week, and were up 3.1 percent year-over-year, according to the International Council of Shopping Centers and Goldman …

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