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Tag Archives: Economy

State unemployment stays down

California’s unemployment rate stayed at 4.1 percent in October, a record low, according to data. State employers added 36,400 non-agricultural jobs last month, bringing California’s job creation total to more than three million since the economic recovery began nearly nine years ago, the state Employment Development Department reported. Year-over-year, California’s …

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Inland Empire economy should stay strong for awhile

Despite some rough spots, most notably in the housing market, the two-county region should stay relatively strong at least through the end of next year, according to a recent forecast. Let’s all hope a recent economic forecast about the Inland Empire is accurate, particularly its prediction regarding job growth. Non-agricultural …

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IE manufacturing stays red hot

Inland Empire Makes News in Manufacturing.001

The Inland Empire’s manufacturing sector refuses to slow down. Last month’s purchasing managers index in Riverside and San Bernardino counties was 61.3, well above the 50 benchmark that determines whether manufacturing in the region is expanding or contracting, according to the Institute of Applied Research and Policy Analysis at Cal …

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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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