INLAND EMPIRE – (INT) – The Inland Empire’s economy has kicked off 2024 on a positive note.

New figures offered by the Institute of Applied Research (IAR) at Cal State San Bernardino show the Purchasing Manager’s Index (PMI) making a solid gain after three consecutive months of a decline the 4th Quarter of last year.

The production index was the biggest performer registering a 6-point increase during January.

The IAR noted that some of the national economic news has been positive of late, citing decreased inflation, increased consumer confidence, and strong GDP recovery. Quantitative data and comments from the Inland Empire purchasing managers appear to mirror the good economic news.

Story Date: February 27, 2024