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Drop in region’s purchasing managers index is ‘not surprising,’ says CSUSB professor

IE Business Daily

April 3, 2020

The region’s purchasing managers index, which measures the state of manufacturing in Riverside and San Bernardino counties, fell to 43.3 in March, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported this week.

The saving grace to the March report is that there’s no question what caused the severe drop, said Barbara Sirotnik, director of the institute and a co-author of the monthly index.

“This month’s low figure is not surprising to any of us considering the pandemic ravaging the world,” Sirotnik wrote in the report. “Non-essential businesses are shuttered and residents in most states are ordered to stay home. Some people are able to work from home and are continuing to get a paycheck. They will keep buying, assuming the products can be delivered.

“But others have been laid off and are barely holding on.”

Sirotnik noted that the indicators that make up the bulk of the index  – production, new orders, Inventory, and employment  –  dropped significantly below the 50 percent last month.

Read the complete article at "Inland manufacturing floored by Coronavirus."

Business professor comments on future of sports after pandemic

Press Enterprise

April 3, 2020

In an article about the possible changes to sports when they return following the COVID-19 pandemic, Haakon Brown, a business professor at Cal State San Bernardino, shares his thoughts on the potential moves.

“If it’s something that they were thinking about doing already, that gives them a chance to experiment a little bit and come up with solutions,” said Brown. “If some of those experiments work, it could lead to long-term changes. But I don’t think there’d be fundamental changes.”

Read the complete article at "Alexander: When sports return, how different will they be?"

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