For the first time in nearly two and a half years, the region’s purchasing managers index has fallen below 50. The next two reports will determine if that was an aberration or a trend. For at least another month, there will be some apprehension about the Inland Empire’s manufacturing sector. …
Read More »IE job growth slows
Job growth in the Inland Empire slowed during the second quarter, just as it did statewide, according to a report. From May 2018 to May 2019, non-agricultural employment in Riverside and San Bernardino counties increased a modest 1.7 percent, about the same as California, according to an analysis by the …
Read More »Inland manufacturing shows signs of slowing
The streak is over. For the first time in 29 months, the Inland Empire’s purchasing managers index in June fell below 50, the baseline that determines whether manufacturing is expanding or contracting, according to data released this week. It’s too early to panic, because three consecutive months in either direction …
Read More »IE business growth outperforms state
Business growth in the Inland Empire has outpaced new business growth in the state, according to data released this week. The number of businesses in Riverside and San Bernardino counties grew by 11 percent between 2011 and 2016, the UC Riverside School of Business Center for Economic Forecasting and Development …
Read More »Inland Empire manufacturing sector is on the verge of setting a record
One more month of expansion and the sector will have grown for 30 consecutive months, its longest streak ever. Barring something unforeseen, the Inland Empire’s manufacturing sector is about to set a record. For the past 29 months, the region’s purchasing managers index – a monthly report published by the …
Read More »IE manufacturing keeps growing
Manufacturing in the Inland Empire knows only one mode these days: growth. The region’s purchasing managers index was 54.5 in May, up from 52.8 in April, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported in its monthly analysis of the region’s manufacturing sector. That …
Read More »