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Tag Archives: Economy

Good news on the jobs front

Inland Empire News for April 2.002

July was another good month for U.S. job growth. The economy added 209,000 jobs in July, the sixth consecutive month that the economy added at least 200,000 jobs, according to data released Friday by the U.S. Department. Despite that improvement, the national unemployment rate rose slightly to 6.2 percent, up …

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Local manufacturing still on the rise

Inland Empire Companies Changing Hands.001

Manufacturing in the Inland Empire continued to grow during July. The region’s purchasing manager’s index last month was 54.8, a slight increase compared with June, according to a report released Friday by Institute of Applied Research and Policy Analysis at Cal State San Bernardino. July was the fourth consecutive month …

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For one week, retailers get an “A”

Inland Empire Braces for 2014.002

Back-to-school shoppers gave U.S. retailers a large boost last week. National retail sales were up 4.6 percent for the week ending Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index. Sales were up a modest …

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High-paying jobs are growing faster

Inland Empire News for April 2.002

White-collar jobs are increasing at a faster pace in California than the rest of the state’s employment sector. Professional services jobs, including engineers, accountants, architects, attorneys and consultants, have grown at twice the pace of other jobs since the recession officially ended in 2009, according to a report in the …

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National sales are up and down

Inland Empire News for April 2.004

The national retail sector registered mixed results last week. National retail sales dropped 0.4 percent for the week that ended Saturday but were up 2.8 percent year-over-year, according to the International Council of Shopping Centers Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Cool weather in some …

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Jumbo loan requirements ease

Inland Empire Economy Improves While Housing Falls.001

When home prices rise and the need for jumbo loans increase, often times investors are more willing to relax jumbo loan requirements in order to get people into homes. Although jumbo loans exceed the conforming loan limits established by government-sponsored enterprises they are still available for home purchases but often …

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