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|March 22, 2018|
PMI: Inland Empire's economy thrives
INLAND EMPIRE – (INT) – The 2-county region’s economy is off to a robust start the first 2-months of the year.
On another encouraging note, the Employment Index (an especially critical measure) jumped with most of the new hiring being in permanent (as opposed to temporary) positions.
Institute of Applied Research at Cal State San Bernardino said Monday that of the purchasing managers its surveyed, forty-seven percent (47%) predicted that the local economy will become stronger in the upcoming months. Forty-three percent predicted the Inland Empire economy will remain unchanged and the remaining 10% believe it will become weaker over the next quarter.
The latest Purchasing Manager's Index (PMI) was released Monday.
Story Date: March 11, 2018