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Tag Archives: Economy

Inland manufacturing stays hot

Manufacturing in the Inland Empire refuses to slow down. The region’s purchasing managers index in February was 59.1, two points higher than it was in January and well above the 50 benchmark that determines whether manufacturing is expanding or contracting, according to data. Perhaps most important of all, February was …

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U.S. jobless claims take record drop

inland empire jobs

The number of U.S. residents filing for unemployment benefits fell last week to its lowest level in more than 48 years, according to data released Friday. Claims for state unemployment benefits dropped to 210,000, a seasonally adjusted figure, for the week ending Feb. 24, the U.S. Department of Labor reported. …

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IE business activity keeps climbing

Business activity in the Inland Empire grew 3.5 percent year-over-year during the fourth quarter of 2017, according to a report. That was a little faster than the rise in the U.S. gross domestic product – 2.5 percent – the latest Inland Empire Business Activity Index reported. The index measures multiple …

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U.S. economy adds more jobs than expected

inland empire jobs

The U.S. economy added 200,000 non-agricultural jobs in January, according to data released Friday. That was a higher jobs increase than expected – Bloomberg had predicted a jump of approximately 180,000  – and average hourly earnings were up nearly three percent year-over-year, the U.S. Bureau of Labor Statistics reported. Unemployment …

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IE manufacturing starts the year strong

Inland Empire Makes News in Manufacturing.001

The 2018 edition of Inland Empire manufacturing is off to a good start. The region’s purchasing managers’ index in January was 57.1, up from 51 in December, according to the monthly report by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which was released Thursday. …

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State adds 52,700 jobs in December

California’s economy finished 2017 on a major upswing. The state added 52,700 jobs last month as its unemployment rate fell to 4.3 percent, according to data released Friday by the state Employment Development Department. California has now added jobs for four consecutive months, and more than 2.7 million jobs since …

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