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Aerospace industry stays healthy

Aerospace is apparently alive and well in Southern California. The industry added an estimated 5,000 direct payroll jobs between 2014 and 2016, and supported more than 268,000 jobs last year, according to a report released Monday by the Los Angeles County Economic Development Corporation. The latter figure was an increase …

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Furniture company buys Eastvale industrial building

Industrial Tenants Announced

One of 10 industrial buildings at an Eastvale industrial park has been sold. Parker House Furniture has bought the 271,140-square-foot structure at 6300 Providence Way, according to CBRE Group Inc. The building, which the furniture manufacturer plans to use for warehousing and distribution, is part of The Campus, a group …

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Home prices nationwide continue to rise

Home Prices Increase

U.S. home prices were up seven percent in October year-over-year, the second consecutive month prices have risen by that amount compared with the previous year. Compared with September, home prices nationwide – including distressed sales – rose just short of one percent, according to Irvine-based CoreLogic, which released its monthly …

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IE phase of Gold Line breaks ground

Rail System Coming to Inland Empire.001

A groundbreaking ceremony was held Saturday for the next phase of Gold Line, a project that will take the popular light-rail system into the west end of the Inland Empire. The extension, which is expected to take about 10 years to complete, will continue the Gold Line about 12 miles …

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Inland wages lag behind other markets

Proposed Hike in State Minimum Wage Stirs Controversy

Despite being one of the largest economic submarkets in the United States, the Inland Empire doesn’t measure up to other regions in some areas, a report has stated. The two-county region is the 19th largest employment center in the country, with slightly under 1.1 million payroll workers, according to data …

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High-end restaurant in Big Bear Lake hits the ground running

Seven months after it opened, Black Kat restaurant in Big Bear Lake is going strong. Things are going so well that owner Dave Stone says he’s expanding the 3,200-square foot facility at 560 Pine Knot Ave., and he’s planning to open his fourth restaurant in the Big Bear market next …

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