Ontario International Airport’s passenger count has surpassed pre-pandemic levels for seven consecutive months, according to data released last week. Nearly 517,000 airplane travelers passed through Ontario International last month, a 10.1 percent increase from September 2019, the airport reported. September was also the fifth consecutive month in which the airport’s traffic …
Read More »IE industrial market stays solid
The Inland Empire industrial market turned in a solid third quarter, with little vacancy and a big jump in leased space. Total vacancy at the end of the quarter was 1.3 percent, unchanged from the second quarter, Avison Young reported. At the same time, leasing of industrial space in Riverside …
Read More »UofR partners with Amazon
The University of Redlands has been named a member of Amazon’s Career Choice Program. Amazon employees will now have an easier time pursuing undergraduate degrees and certificate-level courses offered by the university, according to a statement on the school’s website. Some Amazon employees may receive pre-paid tuition benefits. Courses will be …
Read More »Housing Market Forecast predicts sales will drop in 2023
California’s existing single-family home sales are expected to drop 7.2 percent in 2023, according to a study released last week. Sales will drop from 359,220 projected units this year to 333,450 units next year, the result of a “modest” recession brought on by “stubborn” inflation, the California Association of Realtors …
Read More »Amazon workers seek union election
Workers at an Amazon fulfillment center in Moreno Valley have taken the first step toward holding a union election. The employees have petitioned the National Labor Relations Board for permission to hold a union election, the first time workers at an Amazon facility in California have made that request, according to …
Read More »Consumers, retailers brace for higher prices during holidays
Sales will still grow, but that increase will be lower than last year, mostly because of inflation. Online sales will continue to rise. One year ago, Deloitte, the global accounting and professional services firm, was predicting that retail sales during the holiday shopping season would rise seven to nine …
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