Between January 2011 and the end of last year, an estimated 4.3 million U.S. workers lost jobs they had held for at least three years, according to the U.S. Bureau of Labor Statistics. That was a decline from 6.1 million workers who suffered the same predicament between January 2009 through …
Read More »Inland job growth continues
Unemployment in the Inland Empire moved up slightly last month. The two-county region recorded a 9.2 percent jobless rate in July, an increase of 0.8 percent from June but well below the 10.9 percent rate of July 2013, according to the California Employment Development Department. Riverside and San Bernardino counties …
Read More »Retail sales stay strong
August is looking like a strong retail month. National retail sales rose 3.8 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. Sales have increased all three weeks this month compared with 2013, according to …
Read More »State housing affordability drops
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 …
Read More »Sales up year-over-year
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 …
Read More »U.S. retail posts another solid week
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 …
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