October 7, 2016 Comments Off on Inland Empire Still in “Growth Mode” Views: 397 California News, Inland Empire, West

Inland Empire Still in “Growth Mode”

The latest Institute of Applied Research and Policy Analysis report from Cal State San Bernardino shows that manufacturing grew for the second straight month in Riverside and San Bernardino counties. The Report on Business for September showed a rebound in the manufacturing sector from July, though it was slightly down from August.

The survey of the region’s purchasing manager’s index was 56.2 in September, 60 in August and 46.6 in July. A score above 50 reflects growth in the sector, and any three consecutive months either way establishes an official trend.

The researchers say there’s no cause for alarm with the latest numbers. They say the Inland Empire manufacturing sector and economy is still in growth mode, albeit at a slower pace.

Read More at Inland Empire Business Daily

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