Tag Archives: Economy

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 …

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 …

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 …

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 …

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 …

The U.S. job market went flat in March, as the economy added only 126,000 jobs while the unemployment rate was static. That was the lowest number of jobs added in a month since December 2013, ending a streak of 12 consecutive months of 200,000-plus job gains, according to data released …