The economy that houses industries such as entertainment, media, fashion, and fine arts in California has weathered the pandemic and, as a whole, done better in its recovery from the COVID-driven recession than the overall economy, according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development.
Business activity in the Inland Empire jumped considerably in the latest numbers – and on an annual basis, continues to outpace the nation. According to the new Inland Empire Business Activity Index released today by the UCR School of Business Center for Economic Forecasting and Development, the region’s economy officially transitioned from recovery to expansion...
he Inland Empire’s labor market has now surpassed its pre-pandemic peak, having added back all the jobs it lost due to the COVID-19 crisis – and more, according to an analysis released today by the UC Riverside School of Business Center for Economic Forecasting and Development.
The fashion industry produces far more inventory than it sells, consuming and polluting more of the planet’s resources than necessary and generating about 10% of the world’s greenhouse gas emissions. Much of this excess merchandise ends up in landfills or is burned, prolonging the environmental assault.
A new measure of higher education excellence called the Economic Mobility Index, or EMI, ranks UCR No. 18 nationally. The ranking is from a non-profit think tank named Third Way, and aims to measure the role universities play in catalyzing the economy.
Although business activity in the Inland Empire continues to outpace the nation in its recovery from the COVID-19 pandemic, the rate of recovery has slowed as the regional economy draws closer to pre-pandemic levels of activity.
Call it the ABBA effect: More musicians migrated to Stockholm, Sweden during the pandemic than to any other location according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development.
