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Tag Archives: Economy

U.S. adds jobs, unemployment falls to 5.6 percent

Inland Empire Business News December 17th.002

The U.S. economy added 252,000 jobs in December, ending the country’s best year for hiring in 15 years. Unemployment dropped to 5.6 percent – down from 5.8 percent in November – the lowest jobless rate since 2008, according to data released Friday by the U.S. Department of Labor. Also, 50,000 …

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Local manufacturing up

Inland Empire Business News June 4th, 2014.002

Manufacturing in the Inland Empire is apparently back on track. The region’s purchasing managers index was 54.5 during December, four and half points above the benchmark for an expanding manufacturing sector. Most important, December was the third consecutive month that the index was 50 or above. Three consecutive months in …

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Local manufacturing up

Inland Empire Companies Changing Hands.001

Manufacturing in the Inland Empire is apparently back on track. The region’s purchasing managers index was 54.5 during December, four and half points above the benchmark for an expanding manufacturing sector. Most important, December was the third consecutive month that the index was 50 or above. Three consecutive months in …

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The Inland Empire office market is in recovery mode

Inland Empire Business News January, 2015.008

It’s just not recovering as quickly, or as comprehensively, as most real estate professionals would like. While there is reason for some optimism, don’t look for any “spec” office construction in Riverside and San Bernardino counties this year. As 2015 begins, the Inland Empire office market is in much the …

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Late surge on Xmas retail

Inland Empire Business News September 10th, 2014.003

A lot of people must have waited until the last minute this year to do their holiday shopping. Sales were up 3.1 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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Applications for unemployment benefits declines

Inland Empire Business News November, 2014.002

The number of U.S. residents seeking unemployment benefits dropped last week, a sign of continued job growth. Applications for unemployment benefits fell by 6,000 during that time to 289,000, the lowest level since late October, according to an Associated Press report. The four-week average fell by 750 applications to 298,750, …

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