December 5, 2016 Comments Off on IE Economy Gains Momentum Views: 402 California News, Inland Empire, West

IE Economy Gains Momentum

The Inland Empire continues to gain momentum, fueled by growth in the logistics, healthcare and construction sectors. A new report from Inland Empire Economic Partnership reveals strength in the job market and overall economy.

Economist John Husing, who authored the report, notes momentum is expected to continue in 2017.

Since the low point of the Great Recession, nearly 240,000 new jobs have been created.  That’s nearly 100,000 more jobs than before the Great Recession, Husing notes.

The logistics sector accounts for 23.3% of the new jobs created from 2011 to 2016, and it continues to be an area of continued growth. The construction industry, which is still well below its pre-recession peak, gained back 31,305 jobs and is expected to add another 5,500 next year.

Read more at Riverside Press Enterprise

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