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Tag Archives: Economy

Holiday spending expected to stay strong

Retailers expect a solid holiday shopping season in 2015

Consumer spending should stay strong during the holiday season despite uncertainty about international trade and a slowdown in the global economy, according to the world’s largest commercial real estate brokerage. Sales are expected to grow approximately three to four percent year-over-year, with e-commerce sales expected to grow by 11 to …

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IE manufacturing stays above water

Inland manufacturing slips

The Inland Empire’s manufacturing sector in November grew for the second consecutive month, according to data. The region’s purchasing managers index was 52.1 last month, down from 54 in October but still above the 50 benchmark that determines whether manufacturing is growing or sinking, the latest monthly report from the …

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Report: IE business activity outdoes U.S.

For the second consecutive quarter, the Inland Empire outdid the nation in business performance, according to a recent report. During the third quarter, business activity in Riverside and San Bernardino counties rose 2.3 percent year-over-year, compared with 1.9 percent growth in the gross domestic product, according to the UC Riverside …

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Inland manufacturing back on good side of the ledger …. for now

The Inland Empire’s manufacturing sector has once again bounced back for a bad month. The region’s purchasing managers index was 54 in October, comfortably above the benchmark that determines whether that sector is expanding or contracting, according to the Institute of Applied Research and Policy Analysis at Cal State San …

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Forecast: IE economy to keep growing

The Inland Empire economy will keep growing through 2020, although at a slower pace than it has expanded recently, according to a recent forecast. The Inland region, which is operating at full employment, is being driven by especially strong job growth in health care and logistics, the UC Riverside School …

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Christmas spending expected to rise

Retail industry expects to have a good Christmas this year

U.S. consumers will spend an average of $1,047.83 this holiday season, about four percent more than they spent last year, according to the National Retail Federation. Shoppers between 33 and 44 years old say they will spend the most, $1,158.63, the Washington, D.C.-based nonprofit reported its annual survey of likely holiday …

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