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Tag Archives: Economy

IE manufacturing ends 2019 on upswing

Inland Empire manufacturing ended 2019 on a solid note, according to data. The region’s purchasing managers index for December was 53.6, up slightly from November and comfortably above 50, the number that determines whether manufacturing is expanding or contracting, the Institute of Applied Research and Policy Analysis at Cal State …

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Report: IE posts strong job growth

Solid Job Growth in December

The Inland Empire has experienced stronger job growth during the past year than the United States, California and nearby metropolitan areas in Southern California, according to data. The Inland region’s one-year job growth as of October was two percent, outperforming the United States (1.4 percent), California (1.8 percent), greater Los …

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Inland economy looks strong heading into 2020

Possible trade wars are the closest thing to a cloud on the economic horizon. More slow but steady growth in business activity, a pattern that’s been in place for several years, is the likely scenario for the next 12 months. How is the Inland Empire economy likely to perform in …

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Solid start to holiday shopping season

Inand Empire Businesses Ramp Up for Holiday Shopping.001

Just under 190 million U.S. consumers shopped at least once from Thanksgiving Day through Cyber Monday, a record, the National Retail Federation announced Wednesday. That was a 14 percent increase compared with last year, when nearly 168 million people went shopping during that five-day period, the federation reported, citing data …

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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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