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Tag Archives: Economy

Inland retail continues to hum

Retail Building Sells

Third quarter numbers are strong, as the market continues to move out of the shadow of its two very large neighbors. The Inland Empire retail market no longer plays second fiddle to Los Angeles and Orange counties. That’s the opinion expressed by CBRE in its third quarter report on retail …

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State unemployment hits record low

inland empire jobs

California’s unemployment rate fell to a record low of 4.1 percent in September, according to data recently released. State employers added 13,200 non-agricultural jobs during the month, raising the state’s total jobs gain to more than three million since the recovery began in February 2010, the state Employment Development Department …

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Holiday shopping outlook is bright

Retailers expect a solid holiday shopping season in 2015

With low unemployment, spending should be solid this year, according to retailers and one local economist. All signs point to a strong holiday shopping season in 2018. The economy is strong, the stock market is performing reasonably well and unemployment is down. All of that means people will have money …

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IE manufacturing rolls along

Inland manufacturing slips

Inland Empire manufacturing increased slightly during September, the 21st consecutive month that sector has expanded, according to data released Monday. The region’s purchasing managers index was 56.3, up from 54.5 in August, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported. Fifty or above means …

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IE posts major growth in logistics jobs

Temecula Adds Jobs

Transportation and warehouse jobs grew by 46.8 percent in the Inland Empire from 2013 through 2017, according to data released Monday. That was the second-highest growth rate among submarkets, topped only by Charlotte, N.C., which grew by 56.8 percent during that time, CBRE reported. Central California – 45.7 percent – …

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State adds 44,800 jobs

US jobs picture is good news/bad news

California’s economy remained strong in August, adding 44,800 jobs while the state’s unemployment rate held steady at 4.2 percent. That’s the fifth consecutive month California’s unemployment rate has been 4.2 percent, placing the state very close to full employment, according to data released Friday by the state Employment Development Department. …

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