For the second month in a row, Inland Empire manufacturing moved in the wrong direction. The region’s purchasing managers index in November was 45.3, well below the 50 benchmark that determines whether manufacturing is growing or contracting, according to data released this week by the Institute of Applied Research and …
Read More »Moment of Silence Planned for Brown
Stater Bros. will hold a moment of silence Saturday for Jack H. Brown, the supermarket chain’s longtime leader who died last month. All 169 markets, along with the company’s San Bernardino corporate offices and distribution center, will go silent for one minute at precisely 9 a.m., according to a statement …
Read More »Small Business Sales Activity is Thriving
By Edward L. Fixen The sale of small businesses (generally those with annual revenue less than $1 million), is strong and thriving. Since the recession recovery period of 2010-2012, the sale of small businesses has increased approximately 55%. BizBuySell.com, a leading internet business-for-sale web site, reported that the sale of small …
Read More »IE Records Highest Jobless Rate
The Inland Empire had the highest unemployment rate of any major U.S. metropolitan area during October, according to data released Wednesday. The two-county region, which has had higher unemployment than both California and the nation during the economic recovery, recorded a 6.1 percent jobless rate in non-agricultural jobs last month, …
Read More »Service to Commemorate SB Shootings
A public service is scheduled to be held Friday to mark the first anniversary of the Inland Regional Center shootings in San Bernardino. The service, scheduled to begin at 6:30 pm., will take place at Cal State San Bernardino’s Coussoulis Arena, according to a statement. The San Bernardino mayor’s office …
Read More »City to Redirect Federal Funding
Cathedral City wants to take unspent funds from its community development block grant program and use it to pay for a public improvement project that will help low and moderate-income residents. The excess grants, which were distributed by the U.S. Department of Housing and Urban Development, total approximately $485,000 and …
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