Industrial activity in greater Los Angeles, which includes the Inland market, appears headed for a record year of investment, according to a report released Tuesday. Sales of industrial properties in Los Angeles, Orange County and the Inland Empire totaled more than $7.4 billion during the first eight months of 2019, …
Read More »Christmas hiring could be stronger locally than nationally
The trend toward more online shopping means more logistics jobs and that could work to the Inland Empire’s advantage as retailers get ready for the holidays. Two thousand and nineteen is looks like it will be a good year for holiday hiring in the Inland Empire. The economy remains strong, …
Read More »Inland manufacturing drops, but still manages to break even
The Inland Empire’s manufacturing sector settled for a tie in August. The region’s purchasing managers index last month was 50, meaning manufacturing neither expanded nor contracted last month, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. The monthly index has behaved erratically lately. …
Read More »State logs 113 consecutive months of job growth
California added nearly 20,000 non-agricultural jobs in July, the 113th consecutive month the state has experienced job expansion, according to data released Friday. The states’s unemployment rate fell to a near-record low of 4.1 percent, thanks mostly to strong job gains in healthcare, administrative support, finance-insurance and transportation-logistics, the State …
Read More »Inland manufacturing bounces back
Well, that didn’t take long. Only one month after the Inland Empire’s purchasing managers index fell below 50 for the first time in more than two years, the much-watched statistic came roaring back, according a report released Thursday. July’s index was 55, comfortably above the 50 benchmark that determines if …
Read More »Nervous time for Inland Empire manufacturing
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. …
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