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Tag Archives: Economy

Inland manufacturing growth slows

Manufacturing in Inland Empire

Inland Empire manufacturing continued to grow during January, although at a slower rate than it has grown recently. The region’s purchasing manager index for the first month of 2022 was 51.0, down from 55.5 and barely above the 50 benchmark that determines growth or retraction, according to data released Tuesday …

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U.S. construction performed well despite pandemic

Inland Empire labor market recovers from COVID-19

Despite the ongoing presence of COVID-19, commercial and multifamily construction starts performed well in 2021, according to a just-released survey. The value of commercial and multifamily construction starts in the top 20 U.S, metropolitan areas increased 18 percent between 2020 to 2021, according to Dodge Construction Network, a New Jersey-based firm …

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Inland manufacturing closes out 2021 strong

The Inland Empire’s manufacturing sector grew for the 16th consecutive month in December. The region’s purchasing managers index last month was 55.5, down slightly from November but still above the baseline 50 that determines growth or reductions, according to data released this week by the Institute of Applied Research and …

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