Breaking News

Tag Archives: Economy

IE business stays strong

Business in Riverside and San Bernardino counties grew steadily during the second quarter, a trend that is expected to last through the end of this year, according to a report. The region’s Business Activity Index during that time was 2.6 percent, up 0.4 percent compared with the first quarter, the …

Read More »

Another strong month local manufacturing

The Inland Empire’s manufacturing sector stayed red hot in July, according to data released Wednesday. The region’s purchasing managers index was 61.1, up from 58.8 in June, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported in its monthly assessment of manufacturing in Riverside and …

Read More »

State job growth slows

Temecula Adds Jobs

California added a mere 800 jobs in June, a huge drop from the two preceding months. That was the major downside in the jobs report released by the state Employment Development Department. The upside was that California’s unemployment rate remained a 4.2 percent, a sign that the lack of job …

Read More »

State’s economy stalls

California’s economy slowed a little in May, as employers added only 5,500 jobs, according to data. Still, unemployment held at 4.2 percent, a record low, the state’s Employment Development Department reported. That marked a considerable downturn, when 25,600 jobs were added statewide. That number was revised down from the original …

Read More »

National unemployment hits 18-year low

The U.S. unemployment rate fell to 3.8 percent in May, the lowest rate recorded in 18 years. Employers nationwide added 223,000 jobs, while average hourly pay rose 2.7 percent, slightly less than it grew in April, the U.S. Department of Labor reported. Overall, there were 6.1 million people out of …

Read More »

Inland manufacturing keeps growing

Inland Empire Makes News in Manufacturing.001

Manufacturing in the Inland Empire kept growing in May, according to data released Friday. The region’s purchasing managers index last month was 60.3, down from the 62.4 recorded in April but still well above the 50 benchmark that determines growth or decline, according to the Institute of Applied Research and …

Read More »