Report: Inland economy strong, but real estate market struggling

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RIVERSIDE (CNS) - The Inland Empire economy will bear up well going into 2020, with job growth continuing, albeit at a slower pace, and the only drag appearing in the real estate market, where housing stock is low and costs are high, according to a UC Riverside School of Business report released today. "The IE economy has been gaining momentum in recent years, and although there has been a slowdown, based on everything we see happening today, all the hand-wringing over a coming recession is just that -- nothing on the foreseeable horizon would have a big enough or rapid enough impact to knock the region, or the nation, into a downturn,'' said Christopher Thornberg, director of the UCR Center for Economic Forecasting. "Although there is always the potential for some yet unseen impact on t
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