April 10, 2017 Comments Off on Inland Empire Manufacturers Largely Optimistic Views: 290 California News, Inland Empire

Inland Empire Manufacturers Largely Optimistic

The latest manufacturing report issued by the Institute for Applied Research at Cal State San Bernardino reveals manufacturing is securely back in a growth mode. A survey of local purchasing managers notes 45% forecasted economic improvement in the next quarter, and just 7% projected a weaker economy.

Forty-eight percent of the respondents say the local economy will remain the same next quarter.

Barbara Sirotnik, the report’s author, noted it was a “very strong report.” She sees “positive signs” reflected in the uptick in orders because it shows customers are buying locally-made products.

Sirotnik surmised that concern over a new Presidential administration caused people to hold off a bit. Now that the dust has settled, orders are coming in.

Read more at Daily Bulletin

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