Tag Archives: Economy

The Inland Empire’s manufacturing sector is growing again. Not by much, but it’s growing. The region’s purchasing managers index in March was 50.8, down from 52.1 the month before, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. A decline is never good news, …

U.S. retail sales are expected to be between 2.5 percent and 3.5 percent this year, with total sales expected reach at least $5.2 trillion, according to the National Retail Federation. The 2024 forecast compares with the 3.6 percent annual sales growth of $5.1 trillion recorded last year, and conforms with the …

The Inland Empire in February recorded a 5.5 percent unemployment rate, unchanged from the first month of the year. Between January and February, non-farm employment in Riverside and San Bernardino counties increased from 1,684,900 to 1,687,400, while agricultural jobs declined by 400 during that time, according to data released March …

Warehouse-distribution facilities have come to dominate the Inland Empire during the past 20 to 25 years, so much so that the region is sometimes called the warehouse of the western United States. The amount of available and affordable land in Riverside and San Bernardino counties, along with the region’s proximity …

California’s percentage of U.S exports slipped in January, mostly because of a drop of pharmaceutical shipments, according to a study released March 7. The state accounted 8.6 percent of goods shipped out of the country during the first month of the year, down from 8.9 percent in December and nine …

Two thirds of Americans say they’ve cut back on their spending because they’re concerned about the economy, while nearly 50 percent said they’ve put some “life plans” on hold for the same reason, a major U.S. financial institution has reported. Thirty-five percent say they have taken money out of their …