April 19, 2024
Purchasing managers give economy thumbs up
INLAND EMPIRE – (INT) – Purchasing managers are feeling pretty upbeat about the local economy.

An index of key economic indicators issued Monday show the economy expanding especially the past month.

The Institute of Applied Research at Cal State-San Bernardino found increases in production, new orders and employment. It said “Consumers are still confident about their financial futures and are buying goods.”

“Purchasing Managers continue to be relatively upbeat about the state of the local economy. Only seventeen percent of Purchasing Managers predict that it will become weaker in the upcoming months while twenty-three percent believe the local economy will become stronger by next quarter. The remaining sixty percent of Purchasing Managers believe the local economy will stay the same,” the Institute said.
Story Date: March 6, 2015
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