Tag Archives: Economy

Housing affordability dropped in California during the second quarter of this year, as lower interest rates failed to offset an increase in home prices. The number of homebuyers who could afford a median-priced, single-family home in the state fell to 30 percent during the quarter, the California Association of Realtors …

National retail sales were a mixed bag last week. Sales were up a solid 3.2 percent year-over-year during the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Compared to the previous week, however, sales …

For the second straight week, national sales rose dramatically year-over-year. Sales were up 4.5 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 Stores Sales Index. That figure was virtually unchanged from …

July was another good month for U.S. job growth. The economy added 209,000 jobs in July, the sixth consecutive month that the economy added at least 200,000 jobs, according to data released Friday by the U.S. Department. Despite that improvement, the national unemployment rate rose slightly to 6.2 percent, up …

Manufacturing in the Inland Empire continued to grow during July. The region’s purchasing manager’s index last month was 54.8, a slight increase compared with June, according to a report released Friday by Institute of Applied Research and Policy Analysis at Cal State San Bernardino. July was the fourth consecutive month …

Back-to-school shoppers gave U.S. retailers a large boost last week. National retail sales were up 4.6 percent for the week ending Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index. Sales were up a modest …