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Economy

Good weather and Mother’s Day help retail sales

Inand Empire Businesses Ramp Up for Holiday Shopping.001

National retail sales rose 3.9 percent year-over-over for the week that ended Saturday, the strongest gain in that category in nearly one year. Warm weather, particularly in the southern United States, helped drive retail sales to their biggest one-year increase since June 1, 2013, according to the International Council of …

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Housing market shows mild uptick

Inland Empire Gets Housing & Manufacturing Bump.002

The Southern California housing market improved slightly during April, showing the smallest year-to-year decrease in six months. Slightly more 20,000 new and resale single-family homes were sold in the six-county region last month, down 6.6 percent compared with April 2013 but up 13.4 percent compared with March, according to DataQuick, …

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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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