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Inland Empire economy rolling, doubling state growth rate

  • ​Fueled in large part by strong growth in logistics, the Inland Empire is outperforming both California and the country in job growth.  During the past 12 months, local employment expanded by 3.7 percent, more than doubling the state’s growth rate. Manufacturing employment growth has remained fairly stagnant. However, trade, transportation and utilities posted the largest 12-month gain among all sectors, adding 16,600 jobs; transportation and warehousing accounted for 50.0 percent of those jobs added.

  • The Inland Empire industrial market has benefited from a strong US economy, resulting in historic volumes of imported containers at the ports of Long Beach and Los Angeles. The region also serves as the hub of big box e-commerce warehousing in Southern California. In 2017, US online retail sales grew by 16.0 percent, the largest annual growth rate since 2011. As the last outpost for new big box construction, the Inland Empire will continue to experience healthy job 

Source: JLL Research, CA EDD, US Commerce Dept.

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