Pandemic left behind, the Inland Empire economy flourished in 2022
Despite the recession drumbeat getting louder in many quarters across the nation, the Inland Empire’s economy is not only showing strength, but is outstripping California’s other major metros and the state as a whole along some very key measures, according to an analysis released today by the UC Riverside School...
Business activity in the Inland Empire is still on the rise and expected to continue growing in 2023
Business activity in the Inland Empire has continued to rise and despite the turbulence in today’s macroeconomy, is forecast to continue its upward climb in the near-term future. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and...
Will the U.S. economy fall into recession in 2023? Only if the Fed intensifies current tightening policies
The U.S. economy has little chance of falling into a recession this year or next unless the Federal Reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at the 13th annual Inland Empire Economic Forecast Conference, hosted by the UC Riverside School...
Inland Empire business activity growth contrasts with national decline
Business activity in the Inland Empire continued to rise in the latest numbers, standing in stark contrast to the decline in GDP at the national level, according to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development. The...
Demographic dilemma: slowing population growth, not pandemic, at the root of U.S. worker shortage
Supply chain struggles have been widely blamed for the inability to meet consumer and business demand throughout the pandemic. While fixing the supply chain should be a top priority, it is worker scarcity, driven by the lack of basic, long-term population growth that is the true underlying cause—and a critical...
Inland Empire business activity still going strong
Business activity in the Inland Empire has continued to grow, and in the context of today’s increasingly uncertain economic environment, stands in stark contrast to growth trends in the nation, according to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic...
Fewer than one-third of Inland Empire households can afford to buy a home in one of Southern California’s ‘most affordable’ housing markets
Despite recessionary fears, IE labor market continues to show strength
California does not need to choose between post-pandemic economic growth and reducing carbon emissions
Surprisingly, environmental leader California has a smaller ‘green economy’ than the average U.S. state and would need to add many thousands of environmentally friendly jobs to catch up. The good news is it’s on track to do just that, according to a new analysis released today by the UCR School...
California’s creative economy bounces back but expands unevenly
New analysis tracks performance of state’s creative industries before, during, and after covid, revealing longer term direction
Inland Empire business activity headed for moderate growth
Labor shortages will be region’s key restraint on economic growth
Inland Empire has more jobs now than it lost during pandemic
Local wages are not rising enough to keep up with inflation
Inland Empire economy nears full recovery from pandemic downturn
Available labor supply likely to be among 2022’s biggest restraints on growth
Mamma Mia! Sweden gains the most musicians during the pandemic
Musician migration rates muted during pandemic, but interesting regional trends emerge
Inland Empire Economic Forecast Conference finds near term outlook strong but long run risks loom large
Labor shortage will place upward pressure on wages in 2022
Downtowns are still the biggest job centers in most regions
Renewed spending on leisure, entertainment bodes well for downtown businesses
Inland Empire business activity growth outpaces U.S. GDP in latest numbers
‘Hot’ IE housing market still has room to grow
Job recovery, housing demand, consumer demand heating up Inland Empire economy
Region is outperforming along multiple measures
Inland Empire business activity to hit pre-pandemic levels by end of year
Weak spot: labor market lags other parts of the economy
Inland Empire business activity poised for strong growth in 2021
Pandemic underscores essential quality of life need for arts, entertainment