Business activity in the Inland Empire expanded more than 2 percent in the second quarter of this year, thanks in part to construction projects, according to figures released today by the UC Riverside Center for Economic Forecasting & Development.
After a lengthy review of the city’s $20 million investment portfolios, the San Jacinto City Council learned they have made only small gains in the marketplace due to a sluggish but improving economy as reported by their two financial advisory firms. “I really expected more,” Mayor Scott Miller said after hearing from their two investment […]
LOS ANGELES – Small-business owners in the Inland Empire are very confident about where their own businesses are heading in 2017, but they are significantly less confident about the national and state economy, according to results from Union Bank’s annual Small Business Economic Survey. This confidence is a contrast to the rest of the state […]
RIVERSIDE – Spurred by growth throughout the regional economy, the unemployment rate in Riverside County dropped below 6 percent last month, state officials reported. The jobless rate in November, based on preliminary estimates, was 5.7 percent, compared to 6.3 percent in October, according to the California Employment Development Department. The November rate was six-tenths of […]
MENIFEE – Menifee’s fourth quarter sales tax revenues outpaced the prior year’s results, a key indicator of a continued strong and expanding economy. The city’s sales tax revenues from October, November and December 2015 climbed 12.9 percent, excluding aberrations and 20.7 percent overall, when compared with the same quarter one year prior. “This substantial growth […]