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Tag Archives: Economy

IE reports July job losses

Unemployment continues downward trend

The Inland Empire recorded a 5.7 percent unemployment rate rate in July, up from a revised 5.3 percent the previous month, according to the state Employment Development Department. California’s jobless rate was 5.3 percent last month, while the national rate was 4.4 percent, the EDD reported. The Inland Empire’s numbers …

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Temecula Valley tourism numbers go up

Temecula Valley tourism numbers go up

The Temecula Valley is becoming a popular tourist destination. Travel-related spending in the region totaled $1.2 billion in 2025, a 1.7 percent year-over-year increase, according to an independent study. The number of jobs generated by travel – including hotels, restaurants wineries, and retail – reached 9,650 positions in 2025, an …

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U.S. retail sales stay up

Retail market stays up, defying economic headwinds 

Nationwide retail sales remained strong in July, rising for the 10th consecutive month despite a shaky economy. Total sales, not counting automobile dealers and gasoline stations, were up 0.3 percent from June and up 5.1 percent compared with July 2025, according to the National Retail Federation. The month over month …

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Back-to-school shopping starts early

School shopping is underway

U.S. consumers are getting a jump on their back-to-school shopping. Sixty two percent began looking for school-related items in early July, down five percent from last year but above the 55 percent of 2024, according to the National Retail Federation. Some consumers are delaying purchases until later in the summer, …

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U.S industrial market has solid second quarter

U.S industrial market has solid second quarter

The U.S. industrial market grew stronger during the second quarter, with a solid mix of demand and supply, according to Cushman & Wakefield. Net absorption totaled 62.1 million square feet, the second time in the last three quarters that demand for industrial space topped 60 million square feet, the global …

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Inland jobless rate rises in June

Unemployment continues downward trend

The Inland Empire recorded a 5.3 percent unemployment in June. That was up from 4.6 percent in April but below the 5.7 percent predicted one year earlier, the state Employment Development Department reported. During the same period, California’s jobless rate was 5.2, while U.S. unemployment was 4.4 percent. The preceding …

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