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Some economic indicators are trending downward this month, new Inland Empire report says
Fontana Herald News
Sept. 8, 2022
There are a couple of discouraging signs in a new survey on the local manufacturing economy, but the good news is that inflation is starting to recede, according to the Institute of Applied Research at Cal State San Bernardino.
This month’s Inland Empire Report on Business, released on Sept. 1, showed that the Purchasing Managers’ Index (PMI) registered 49.0, a decline from last month’s 53.0, marking the first time in nearly two years that the index had dropped below the 50.0 baseline, said the report’s authors, Barbara Sirotnik (information and decision sciences) and Lori Aldana.
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