Tag Archives: Economy

The upcoming holiday season probably won’t set any records for temporary hiring. Challenger, Gray & Christmas has released its annual holiday hiring forecast, and it’s not optimistic. The Chicago-based executive outplacement firm predicts that U.S. retailers will add less than 500,000 jobs during the fourth quarter of 2025, when retailers …

U.S. retail sales made a comeback in October, posting monthly and year-over-year gains, according to the National Retail Federation. Total sales last month – not counting automobile and gasoline sales – were up 0.6 percent seasonally adjusted month-over-month and up five percent unadjusted year-over-year in October, the federation reported. In …

The National Retail Federation is predicting that holiday retail spending will reach $1.01 to $1.02 trillion this year. If that forecast is correct, it will be a year-over-year increase of 3.7 percent and 4.2 percent in November and December, according to the Washington, D.C.-based trade association. Last year’s holiday sales …

Most Inland Empire residents aren’t pleased with their present living circumstances and say they are struggling to get by, a pair of recent reports published by UC Riverside have found. Only 41 percent of the people surveyed described themselves as “thriving, according to Building Common Ground Through Data: Insights On …

Inland Empire manufacturing continued to struggle in September. The region’s purchasing managers index was 47.3 up slightly from August but still below 50, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Should the October index land below 50, manufacturing in Riverside and San …

Two of the nation’s largest retail trade organizations are making lukewarm predictions regarding the upcoming holiday season and how much U.S. consumers are likely to spend, amid concerns about tariffs, inflation and a slowing job market. Shoppers will spend an average of $890.49 per person on Christmas, Hanukkah or Kwanza …