Manufacturing in the Inland Empire hit a bump in the road last month. The region’s purchasing managers index was 48.8 in September, the first time since March that the number fell below 50, according to the monthly Inland Empire Report on Business, which was released Wednesday by the Institute of …
Read More »September a solid retail month
National retail sales ended September on a strong note. Sales were up 3.6 percent year-over-year for 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. Sales were down 0.2 percent from the previous week. …
Read More »Outlook for holiday job market is good
Hiring is expected to outpace 2013, which was a good year. FedEx and United Parcel Service are both planning large numbers of hires, a sign of the growing importance of e-commerce, and some merchants in San Bernardino are getting ready to fill temporary positions. Christmas is still three months away, …
Read More »National retail stays strong
U.S. retail sales were up again last week. Year-over-year sales rose 4.1 percent for 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. Sales were essentially unchanged – up 0.1 percent – compared with …
Read More »Economic development group wants to get more jobs into the Inland Empire.
The economic development agencies of Riverside and San Bernardino counties join together with the Los Angeles Port Authority and UC Riverside. The first goal is to get more high-paying manufacturing jobs into the region. Move over Inland Empire Economic Partnership? There’s another entity trying to bring jobs to Riverside and …
Read More »State unemployment rate doesn’t move
California’s unemployment rate remained unchanged at 7.4 percent during August, despite adding 44,200 jobs during the month. About 15.5 million people were employed in the state last month, meaning California has added approximately 1.4 million jobs since February 2010, according to data released Friday by the State Employment Development Department. …
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