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Is the Inland Empire close to a full economic recovery?

Inland Empire Business News March, 2014.005

That’s the verdict of local economist John Husing, and a Los Angeles economics firm is almost as optimistic. Both agreed the region is getting close to where it was before the recession.   Let’s hope the local economists are right about the immediate future of the Inland Empire economy.   …

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State unemployment drops in past year

Inland Empire News for April 2.004

California’s unemployment rate was 8.1 percent last month, unchanged from February and down 9.2 percent in March 2013, a state agency said last week. Non-agricultural jobs in the state totaled more than 15.3 million last month, a year-to-year addition of 325,100 jobs and an increase of 2.2 percent during that …

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U.S. sales down slightly

Inland Empire News by IE Biz Hub.003

National retail sales took a slight dip last week. With demand varying in different retail categories, sales dropped 1.5 percent nationwide for the week ending March 22 compared with the previous week, according to data released Tuesday by the International Council of Shopping Centers in New York. The good news …

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Inland job growth should be strong in second quarter

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Hiring in the Inland Empire should improve as the year progresses, a major personnel agency said this week. Employers who want to hire new workers are expected to outnumber those who are considering letting people go by 3 to 1 during the second quarter, according to the Manpower Employment Outlook …

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Inland job growth better than first thought

Inland Empire Economy Improves Slightly.002

Some good news on the employment front: an estimate 37,400 jobs were created last year in Riverside and San Bernardino counties. That’s almost three times as much as state officials first estimated, according to a report first published in The Press-Enterprise. The 3.1 percent job growth for 2013 came after …

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Inland manufacturing still up, but maybe not for long

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The February report on manufacturing in the Inland Empire is definitely mixed. First, the good news: the purchasing manager’s index for last month was 50.3, the sixth consecutive month that the index was above 50, according to the monthly report by the Institute of Applied Research and Policy Analysis at …

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