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Tag Archives: Economy

Travel hurts retail sales

Inland Empire Business News.001

National retail sales dropped 1.2 percent for the week that ended Saturday, in part because of record travel during the Memorial Day weekend. Bad weather in some heavily populated areas also contributed to the week-to-week decline, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store …

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Retail sales down

Inland Empire Business News May 21st.002

National retail sales dropped last week, and Mother Nature is being blamed for the decline. Sales for the week that ended Saturday were down 1.3 percent compared with the previous week, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released …

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National job market gets stronger

Inland Empire Business Market Heats Up.001

The national unemployment rate fell to 6.3 percent in April, a year-over-year drop of 1.2 percent. Forty seven states and the District of Columbia had drops in unemployment last month compared with April 2013, while one state had an increase and two experienced no change, according to data released last …

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State housing affordability continues to drop

Inland Empire Business News for May 16th, 2014.002

The Inland Empire isn’t the only place where people are having a difficult time finding a home they can afford: the problem is statewide. Steady price increases and relatively higher interest rates during the first three months of 2014 lead to a drop in housing affordability in every metropolitan region …

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Good weather and Mother’s Day help retail sales

Inand Empire Businesses Ramp Up for Holiday Shopping.001

National retail sales rose 3.9 percent year-over-over for the week that ended Saturday, the strongest gain in that category in nearly one year. Warm weather, particularly in the southern United States, helped drive retail sales to their biggest one-year increase since June 1, 2013, according to the International Council of …

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Housing market shows mild uptick

Inland Empire Gets Housing & Manufacturing Bump.002

The Southern California housing market improved slightly during April, showing the smallest year-to-year decrease in six months. Slightly more 20,000 new and resale single-family homes were sold in the six-county region last month, down 6.6 percent compared with April 2013 but up 13.4 percent compared with March, according to DataQuick, …

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