Manufacturing in the Inland Empire remained solid during April, according to data released Monday. The region’s purchasing manage’s index last month was 52.3, up slightly compared with March, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. It was also the fourth consecutive month …
Read More »State, Inland Empire Job Numbers Continue to Improve
California’s unemployment rate dropped to 5.4 percent in March, as the state added 4,200 non-agricultural jobs during the third month of the year. That figure was essentially unchanged from February – 5.5 percent – but it represented a drop of more than one percent year-over-year, according to data released Friday …
Read More »Apartment Rental Rates Expected to Rise
Apartment residents in the Inland Empire should expect to pay more in rent during the next two years. Average multifamily rental rates are expected to increase by $84 in Riverside and San Bernardino counties through 2018, according to the annual USC Casden Multifamily Forecast, which was released Wednesday. That’s a …
Read More »Inland Empire Manufacturing Slows
Manufacturing in the Inland Empire continued to grow during March, but not by very much. The region’s purchasing managers index last month was 51.7, down from 56.4 in February, according to the Inland Empire Report on Business, which was released Friday. That’s a classic “good news-bad news” scenario: on the …
Read More »Jobs Report Called Solid
The U.S. economy added 242,000 jobs in February, according to data released Friday. Despite that, the national unemployment rate remained at 4.9 percent, unchanged compared with January, the U.S. Bureau of Labor Statistics reported in its monthly jobs study. Most of those job gains happened in health care [57,000], retail …
Read More »Another Good Month for Inland Empire Manufacturing
Manufacturing in the Inland Empire continued to expand during February. The region’s purchasing managers index was 56.5 last month, the second consecutive month that sector has grown, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above means the sector is expanding, …
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IE Business Daily Business news for the Inland Empire.