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Tag Archives: Economy

Ontario to host 2015 California Economic Summit

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Getting the two-day conference, a gathering of the public and private sector, is seen as a major coup for the Inland region and a sign it’s becoming a player in state politics. The summit’s goal is to solve regional problems, create economic growth, and promote better government, according to the …

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Jobs added, but unemployment rate doesn’t move

Inland Employement Numbers Better Than Expected

U.S. employers added an impressive 321,000 jobs in November, according to data released Friday by U.S. Department of Labor. Despite that increase – the largest monthly job hike in nearly three years – remained at 5.8 percent, the lowest it’s been in six year, the department’s monthly report on U.S. …

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Sales jump in November

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November was a solid month for U.S. retail sales. Chain-store sales were up 4.9 percent last month compared with November 2013, according to data released Thursday by the International Council of Shopping Centers. Clothing showed an especially strong increase compared with October, but all sectors were strong last month, said …

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Cyber Monday hits San Bernardino

Inland Empire Business News May 21st.001

Amazon.com’s fulfillment center in San Bernardino was in full-swing on Cyber Monday, traditionally the busiest day of the year for online sales. Internet shoppers placed 426 orders per second on Cyber Monday in 2013, and Amazon.com officials expected to top that pace this year, according to multiple published reports. The …

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Black Friday nudges retail sales

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Although Black Friday was a disappointment, it still managed to give national retail sales a boost last week. Sales were up 2.8 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 Store …

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Christmas sales stumble early

Inland Empire Business News May 21st.002

Despite a recovering economy and some deep discounts, particularly in clothing and electronics, the holiday shopping season is off to a less-than-spectacular start. Sales were down 11 percent during the Thanksgiving weekend compared with the same weekend last year, according to data released Sunday by the National Retail Federation. Consumer …

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