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Tag Archives: Economy

Sigh of Relief Accompanies Latest Inland Empire Manufacturing Numbers

Manufacturing in the Inland Empire bounced back in January, one month after that sector fell to its lowest rate in six years. The Inland Empire’s purchasing managers index last month was 51.3, according to data released Monday by the Institute of Applied Research and Policy Analysis at Cal State San …

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Large Job Gains Doesn’t Stop Unemployment Jump

Large Job Gains Doesn’t Stop Unemployment Jump

California’s unemployment rate rose slightly to 5.8 percent in December compared with the previous month despite a substantial gain in jobs, according to data released Friday. The state added 60,400 non-agricultural jobs during the last month of 2015, but the unemployment rate grew one-tenth of a percentage point during that …

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Solid Job Growth in December

Solid Job Growth in December

The U.S. labor market ended 2015 with a bang, adding 292,000 jobs during December. Overall, an estimated 466,000 people were added to payrolls last month, and the national unemployment rate held at five percent as the year came to a close, according to data released Friday by the U.S. Department …

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Industrial Market Stays Hot

Industrial Market Stays Hot

The Inland Empire industrial market continued to perform at a spectacular pace during the fourth quarter of 2015, according to data released Thursday. Vacancy was at 4.9 percent, down 3.7 percent year-over-over, as the region absorbed more than 20 million square feet of industrial projects during that three-month period, Voit …

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Manufacturing Index Drops

Inland Empire Business News January, 2015.005

The Inland Empire’s purchasing managers index took a dramatic fall in December, dropping to its lowest point since 2009. The 42.1 index – down from 52.3 last month – is exactly one point below the benchmark for a shrinking economy if the index were to stay that low, – or …

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State Joblessness Continues to Decline

State Joblessness Continues to Decline

California’s unemployment rate fell to 5.7 percent in November, as the state added 5,500 non-agricultural jobs during the month. The state has now added more than 2.1 million jobs since the recovery officially began in February 2010, according to the state Employment Development Department’s latest monthly jobs report, which was …

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