Tuesday , May 12 2026

Tag Archives: Economy

State’s economy hits a bump in the road

Inland Empire economy braces for 2025

California’s economy is slowing down. Unemployment is rising, growth has cooled, housing is still too expensive and difficult to build, and energy prices are higher than in most parts of the country, according to Beacon Economics in Los Angeles. That’s not to say California is not relinquishing its status as …

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State’s economy hits a bump in the road

inland Empire unemployment rises

California’s economy is slowing down. Unemployment is rising, growth has cooled, housing is still too expensive and difficult to build, and energy prices are higher than in most parts of the country, according to Beacon Economics in Los Angeles. To be sure, California is not relinquishing its status as a …

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Inland unemployment drops slightly

Inland unemployment rate falls

The Inland Empire recorded an unemployment rate of 6.1 percent in August, down from a revised 6.4 percent the previous month, according to a report. Also last month, California’s unemployment rate was 5.8 percent, while the nations were 4.5 percent, the state Employment Development Department reported recently. Those numbers are …

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U.S. shoppers appear ready to spend on Halloween

Halloween spending expected to be down slightly in 2024

Despite apprehension about the economy, spending on the holiday devoted to ghosts, goblins and trick-or-treating and is expected to reach $13.1 billion this year, according to the National Retail Federation. That would top last year’s $11.6 billion, and the record $12.2 billion spent two years ago, if the federation’s annual …

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Local manufacturing has a rough month

IE manufacturing surges

Inland Empire manufacturing took a hit in August. The region’s purchasing managers index fell to 46.2, the result of steep drops in production and new orders, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That decline, from 56.9 in July, is significant because anything …

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Retail spending up in August

Holiday retail outlook is good, but not great

U.S. retail spending grew in August, boosted by back-to-school spending and attempts by consumers to make their purchases before tariffs take effect, according to the National Retail Federation. Total retail sales, not counting automobiles and gasoline, were up 0.5 percent month-over-month in August and up 6.8 percent year-over-year, the Washington, …

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