Manufacturing in the Inland Empire continued to sizzle in April. The region’s purchasing managers index last month was 62.4, virtually unchanged from March, according to data released Tuesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That’s the 16th consecutive month the index has …
Read More »State jobless rate stays low despite loss of jobs
California’s unemployment rate remained at a record-low 4.3 percent in March, despite the loss of 7,200 non-agricultural jobs, according to data released Friday. Eight of the state’s 11 economic sectors lost jobs last month, including construction, which lost 4,400 jobs, and trade, transportation and utilities, which dropped 1,900 jobs, the …
Read More »Inland Empire manufacturing is on a roll
The sector has been growing for 15 consecutive months, one of its longest streaks ever. One reason might be President Trump’s tax cuts, which appear to have increased the business community’s confidence in the economy. Earlier this month, the Institute for Applied Research and Policy Analysis at Cal State San …
Read More »Economy continues to add jobs
The U.S. economy added 103,000 non-agricultural jobs in March, a solid number but below the jobs numbers posted in recent months, according to data released Friday. Unemployment was at 4.1 percent – a 17-year low – for the sixth consecutive month, while wages rose only slightly, the U.S. Bureau of …
Read More »IE posts impressive jobs number
Non-agricultural employment in the Inland Empire rose 3.9 percent in February year-over-year, one of the largest job increases among major U.S. metropolitan markets during that time, according to data released Wednesday. Non-farming jobs increased in 50 of 51 of the submarkets with a population of one million or more, the …
Read More »Inland manufacturing stays red hot
Manufacturing in the Inland Empire is on fire. The region’s purchasing managers index in March was 62.8, a slight increase from February but well above the 50 benchmark that measures whether local manufacturing is getting larger or smaller, the Institute of Applied Research and Policy Analysis at Cal State San …
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