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April 25, 2024 |
PMI: Inland economy returns to growth mode INLAND EMPIRE – (INT) - After 8 months of roller coaster rides, the Inland Empire has finally broken into the economic growth column.
The last Purchasing Manager’s Index (PMI) to be released by the Institute of Applied Research at Cal State San Bernardino this year shows a new trend of growth in the manufacturing sector and overall economy. Still, level of optimism among purchasing managers about the outlook for the coming First Quarter of 2021is mixed. Only 16% believe that the economy will become even stronger in the coming quarter. Further, 28% think the economy will be weaker over the next few months. The rest (56%) believe that the economy will remain about the same struggling to return to normal. Story Date: December 5, 2020
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