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Tag Archives: Economy

State unemployment drops

Inland Empire Business News August 13, 2014.002

Unemployment in California fell to 7.3 percent in September, a drop of one and a half points from one year ago. The state has added more than 1.4 million jobs since the economic recovery began in February 2010, according to the California Employment Development Department’s monthly jobs report, which was …

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Retail sector keeps topping last year

Inland Empire Business News September 9th, 2014.001

National retail sales continued to post solid numbers last week. Sales were up 3.8 percent year-over-year for the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Compared to the previous week, national sales were down a minuscule 0.7 …

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Report says California will add jobs

Inland Empire Starts 2014 with a Bang.001

California is expected to post steady job gains during the next five years, according to a report released Wednesday. The report, an economic forecast and industry report by the Los Angeles County Economic Development Corp., predicts a 7.5 percent unemployment rate for the state this year and seven percent next …

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Retail stays on a roll

Inland Empire Business News May 21st.002

National retail sales remained strong last week. Sales were up 3.9 percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index, which was released Tuesday. Week-over-week, sales rose a modest …

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Local industrial market stays strong

Warehouse Deal Approved As Property Values Drop.002

The Inland Empire industrial market posted solid growth during the third quarter, with 10.1 million square feet of transactions during that time. That was nearly a four percent increase compared with the second quarter of this year, with 5.9 million square feet of construction on the region’s east side and …

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More national job growth

Inland Empire Business News September 2014.001

The U.S. economy posted solid job gains in September. U.S. employers added 248,000 jobs last month, the 48th consecutive month of positive job growth, according to data released Friday by the U.S. Bureau of Labor Statistics. That reportedly ties the longest period of job growth since the bureau, which is …

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