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...

By Victoria Pike Bond | | Business

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...

By Victoria Pike Bond | | Business

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...

By Victoria Pike Bond | | Business

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...

By Victoria Pike Bond | | Business

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

By Victoria Pike Bond | | Business

Inland Empire business activity headed for moderate growth

Labor shortages will be region’s key restraint on economic growth

By Victoria Pike Bond | | Business

Inland Empire has more jobs now than it lost during pandemic

Local wages are not rising enough to keep up with inflation

By Victoria Pike Bond | | Business

Inland Empire economy nears full recovery from pandemic downturn

Available labor supply likely to be among 2022’s biggest restraints on growth

By Victoria Pike Bond | | Business

Mamma Mia! Sweden gains the most musicians during the pandemic

Musician migration rates muted during pandemic, but interesting regional trends emerge

By Victoria Pike Bond | | Business

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

By Victoria Pike Bond | | Business

Downtowns are still the biggest job centers in most regions

Renewed spending on leisure, entertainment bodes well for downtown businesses

By Victoria Pike Bond | | Business

Inland Empire business activity growth outpaces U.S. GDP in latest numbers

‘Hot’ IE housing market still has room to grow

By Victoria Pike Bond | | Business

Job recovery, housing demand, consumer demand heating up Inland Empire economy

Region is outperforming along multiple measures

By Victoria Pike Bond | | Business

Inland Empire business activity to hit pre-pandemic levels by end of year

Weak spot: labor market lags other parts of the economy

By Victoria Pike Bond | | Business

Inland Empire business activity poised for strong growth in 2021

Pandemic underscores essential quality of life need for arts, entertainment

By Victoria Pike Bond | | Business

Pent up consumer demand to drive rapid economic recovery in Inland Empire

Vaccine rollout, easing of public health mandates boosts local economic outlook

By Victoria Pike Bond | | Business

Sustained economic growth finally in sight

Vaccines to the rescue

By Victoria Pike Bond | | Business

Inland Empire business activity rebounds

Regional employment recovered more than 54,000 jobs

By Victoria Pike Bond | | Business

New economic forecast is both upbeat and cautionary

The California labor market is recovering but rate of job growth has slowed

By Victoria Pike Bond | | Business