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IE manufacturing remains strong

Inland manufacturing sector reaches growth milestone

Inland Empire manufacturing stayed solid in May, growing for the ninth consecutive month. The region’s purchasing managers index last month was 62.4, down slightly from April but still well above the 50 benchmark that determines growth or no growth, according to data released Tuesday by the Institute of Applied Research …

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Palm Springs street fair returns

Palm Springs VillageFest, the city’s Thursday night street fair that was suspended because of the pandemic, will resume July 1. With COVID-19 cases down, the city council voted May 27 to allow a smaller version of the popular street fair with safety protocols still in effect, according to a statement …

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Riverside plastic recycling facility sold

building sold

An Ohio company has announced its plans to buy CarbonLITE’s PET recycling facility in Riverside. Evergreen, the plastic recycling division of Greenbridge in Mentor, Ohio, plans to buy the 220,000-square-foot facility at 875 Michigan Ave. for an undisclosed sum, according to a statement released Tuesday. Further details of the transaction …

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County Executive Office releases 2022 budget

Federal funding will pay for major street upgrades in Riverside

Riverside County’s executive office is recommending a $7 billion budget for fiscal year 2021-2022. Programs to be funded include social services, public works, community services, healthcare, and public safety, according to a statement on the county’s website. Approximately $950 million will cover general fund expenses, with $3 million designated for …

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Home prices hit highest point in 16 years

median priced home

U.S. home prices rose 13 percent in April year-over-year, the largest increase of that kind since February 2006. Not enough new houses are being built, combined with an ever-growing number of people who want to enter the housing market or purchase a “move-up” home, which continues to push home prices …

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Riverside resumes in-person council meetings

Palm Springs to hold state of city

The city of Riverside is resuming in-person city council meetings. Seating will still account for social distancing, and masks are still required. City officials are trying to make meetings more accessible to the public while continuing to observe required and recommended guidelines for slowing the spread of COVID-19. “The work …

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