Inland Empire business activity is declining, but the downturn is not occurring at the same pace as the rest of the nation, UC Riverside economists said Thursday.
The firm said the recovery in worldwide demand from the Delta variant has been “even faster than our above consensus forecast” and global supply is “short of our below-consensus forecasts.”
The housing market has been red hot in the Coachella Valley during the pandemic. Recent buyers like Aaron Arroyo say they feel fortunate to have secured one of the few homes available in an extremely competitive market. “It took about four or five offers on various houses. In a lot of instances, it was people […]
The U.S. Department of Health and Human Services announced Thursday that Riverside County is among multiple jurisdictions throughout the nation slated to receive millions of dollars in grants designated for states and localities impacted by the coronavirus pandemic. “These grants demonstrate our steadfast commitment to keeping equity at the center of everything we do,” Centers […]
Coachella Valley Music and Arts festival organizers left festival-goers on a cliff hanger Monday after posting a short video to their social media accounts. The caption to the animated video showing desert, windmills and the iconic “Spectra” reads, “Do you hear it?” Do you hear it? pic.twitter.com/USc9aAO6XW — Coachella (@coachella) May 31, 2021 Some music […]
The announcement that the BNP Paribas Open will return to Indian wells in the fall thrills local business owners. “I was very, very excited. I was very thrilled to hear that it’s going to be back in October,” said George Argyros, owner of John’s restaurant in Palm Desert. George has partnered with the tournament for […]
Riverside County’s jobless rate dropped below 8% last month, on the heels of gains in almost every sector of the regional economy, according to figures released Friday by the California Employment Development Department (EDD). The unemployment rate in March, based on preliminary estimates, was 7.7%, compared to 8% in February, the EDD reported. The March […]
