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Tag Archives: Economy

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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Economy Adds Jobs

inland empire jobs

The U.S. economy added 211,000 new jobs in November, the result of increased consumer spending and an expansion of the construction industry, among other factors. Overall, unemployment remained at 5 percent last month, a 7.5 year low, even as more U.S. residents began to look for work, according to data …

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Purchasing Index Bounces Back

Inland Empire manufacturing is growing again, at least for now. The region’s purchasing managers index last month was 52.3, well above the 45.9 index that was recorded in October, according to data released Tuesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Anything below …

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High Desert Economy Gets a Good Grade, for the Most Part

High Desert Economy Gets a Good Grade, for the Most Part

Economist John Husing tells a gathering of business and community leaders that he likes the region’s job creation but is concerned about some other things, in particular how many people there rent rather than own their homes.   The High Desert economy is on the mend and should continue to improve …

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