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Tag Archives: Economy

IE adds jobs in August

hiring prospects

The Inland Empire posted a six percent unemployment rate in August, essentially unchanged from the previous month but above the 5.3 percent predicted one year ago. Those numbers are not adjusted for seasonal factors that typically impact the employment market, according to the state Employment Development Department. California’s unadjusted jobless …

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State exports up

State exports up

California’s exports increased 6.7 percent in July compared with exactly one year earlier, with a total value of nearly $15 billion, a recent study has found. The state was also the landing spot for nearly16 percent of all goods that came into the United States during the seventh month of …

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Inland manufacturing improves slightly

Manufacturing in Inland Empire

Manufacturing in the Inland Empire stayed up in August, posting modest growth for the second consecutive month. The region’s purchasing managers index last month was 51.3, up from 50.9 in July, a modest increase but a possible sign of sustained growth, according to the monthly report on Inland manufacturing by …

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IE leads U.S. in large industrial leases

Industrial building near ONT leased

Fifteen of the 100 largest industrial leases in the United States during the first half of 2024 happened in the Inland Empire, according to a report. Those transactions, which totaled 12.5 million square feet, included the most new leases and the most leases of one million square feet or larger, …

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