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Tag Archives: Economy

Retail sales down

Inand Empire Businesses Ramp Up for Holiday Shopping.001

National retail sales dropped two percent for the week that ended Saturday, and bad weather is being blamed for the decline. Although temperatures were only 1.3 degrees colder this year than they were during the same week one year ago, severe storms and flooding on much of the east coast …

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Study says tribal casinos are an economic boon

Inland Empire Braces for Shopping Season.002

Native American gaming is giving California a significant economic boost. Tribal-owned casinos pumped about $8 billion into the state’s economy during 2012, while non-gaming operations – hotels, spas, entertainment – generated another $2.3 billion, according to a study released Monday. The report was put together by Beacon Economic in Los …

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Inland manufacturing roars back

Inland Empire Business Market Heats Up.001

Sighs of relief accompanied the release of the most recent purchasing managers index for the Inland Empire. That’s because the index for April was 59.1, a jump of 10.1 points compared with March’s 49 index, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. …

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Warm weather, seasonal demand help sales

Inland Empire News for April 2.003

Retail sales were strong nationwide last week, boosted by seasonal demand and warm weather throughout much of the country. Sales rose 1.6 percent during the week that ended Saturday compared with the previous week, and were up 3.1 percent year-over-year, according to the International Council of Shopping Centers and Goldman …

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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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