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Clean air, climate change measures help Inland Empire economy

Inland Empire Rents on the Rise

An estimated $9.1 billion and 41,000 jobs were added to the Inland Empire economy from 2010 to 2016, the result of clean air initiatives and the battle to stop climate change, a study has found. Indirectly, that spending created more than 73,000 jobs and pumped approximately $14.2 billion into the …

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Local manufacturing stays hot

Inland Empire Makes News in Manufacturing.001

Manufacturing in the Inland Empire grew for the seventh consecutive month in July. The region’s purchasing managers index last month was 58.3, a month-over-month increase of 3.5, according to a report released Wednesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above …

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Artists wanted

Moreno Valley is looking to spruce up city hall, and a few other public buildings. The city is accepting applications from local artists who would like to see their art displayed through Moreno Valley’s Art Loan program, according to a statement. All selected work will be displayed from September through …

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OIA passenger numbers stay up

OIA Gets Positive Bond Rating

Passenger traffic at Ontario International Airport continued to rise during June. The airport’s passenger count was up 6.8 percent that month compared with June 2016, according to the Ontario International Airport Authority. Ontario International served 381,312 passengers during June, compared with 356,952 passengers in June 2016. The airport’s two international …

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Multifamily portfolio sold

A four-property, multi-family portfolio in Yucaipa and Calimesa has been sold. The Yucaipa properties are at 12350-12370 5th Street and 35455 Yucaipa Blvd, according to CBRE Group Inc. which announced the transaction Monday. The two sites in Calimesa are at 221-233 West County Line Road and 419 West County Line …

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Home prices continue to climb

Home Prices Increase

Inland Empire home prices, including distressed sales, rose by 6.6 percent in June, according to data released Tuesday. Month-over-month, sales in Riverside and San Bernardino counties were up – 1.2  percent – Irvine-based CoreLogic reported in its monthly report on U.S. home prices. Nationwide, home prices – including distressed sales …

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