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Tag Archives: Economy

Some online retailers will pursue traditional retail

Retail Sales in Inland Empire Mixed.001

U.S. retail might be moving backwards. Some online retailers say they will consider opening brick-and-mortar stores during 2015, according a report by the International Council of Shopping Centers. The study, which cited data taken from an eBay survey of 1,000 Internet businesses, found that 75 percent of those businesses expect …

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Inland industrial sector keeps humming

Inland Empire Business News August 13, 2014.002

The Inland Empire industrial market showed no signs of slowing down during the first quarter of this year. An estimated 5.2 million square feet of industrial space was absorbed during the first three months of this year, the two-county region’s 22nd consecutive quarter of positive net absorption, according to the …

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State jobless rate drops

Inland Empire Business News December 17th.002

California’s unemployment picture, and the Inland Empire’s, continued to improve last month. The state’s unemployment rate dropped to 6.5 percent in March, down from 7.9 percent exactly one year earlier, according to the state Employment Development Department. Employers in the public and private sector added 39,800 non-agricultural jobs during the …

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Unemployment applications rise

Inland Empire Business News December 17th.002

The number of U.S. residents applying for unemployment assistance rose for the second consecutive week. Applications increased 12,000 last week to a seasonally adjusted 294,000, according to multiple reports. Other data suggests that the number of unemployed workers applying for benefits is still low: the four-week average of applicants rose …

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Fuel prices remain on the decline

Inland Empire Business News August 18th, 2014.001

Gasoline prices in Southern California continue to drop. The average price of a gallon of gasoline in Riverside and San Bernardino counties has fallen 36.3 cents during the past 38 days, including nearly one cent over the past weekend, according to multiple reports. As of Monday, motorists in the Inland …

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Tax returns could boost retail sales

Inland Empire Braces for 2014.002

U.S. retailers are probably looking forward to Wednesday when income tax season officially ends. Sixty six percent of all U.S. consumers expect to receive a tax refund this year, according to data released Monday by the International Council of Shopping Centers. When asked how they plan to spend their extra …

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