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|August 10, 2020|
PMI bodes well for inland economy
INLAND EMPIRE – (INT) – There’s been a slight uptick in the local Purchasing Manager’s Index (PMI).
It has kept the region in an economic growth mode for 29 consecutive months.
About two-thirds of the purchasing manager’s surveyed by the Institute of Applied Research at Cal State San Bernardino said the local economy will remain unchanged in the upcoming Third Quarter. The remainder are evenly split between an improving or a declining economy.
Researchers said “consumers are optimistic enough about their own finances to be buying goods, and our Inland Empire manufacturing firms are busy producing and filling orders.”
Story Date: June 9, 2019