Business report paints bleak picture for IE economy

SAN BERNARDINO • After two years of slow growth, a report released Tuesday shows the Inland Empire’s manufacturing sector has posted a decline for the second month in a row — signaling the area could be headed toward a second economic downturn.

“This report is not a ‘doomsday’ report,” states the monthly study from the Institute of Applied Research at California State University, San Bernardino. “However, it certainly is not an encouraging one.”

via Business report paints bleak picture for IE economy | economy, paints, picture – Victorville Daily Press.