INLAND EMPIRE – (INT) – For the first time in nearly 2-years, the Purchasing Manager’s Index suggests the region’s economy may no longer be in growth mode.

The Institute of Applied Research at Cal State San Bernardino examined an assortment of indicators and found there has been an overall downtrend in the PMI since a peak reached in March.

But on a positive note, the Commodity Price Index for the Inland Empire has declined reflecting a drop in inflationary pressures. Nationwide, consumer sentiment has improved with unemployment decreasing, job openings are up, and inflationary pressures are easing.

Story Date: September 14, 2022