Advance Auto Parts is rolling out of California. The auto supply company, with more than 150 stores in this state, is closing all California locations and hundreds of others across the Western U.S. In all, it is closing more than 700 stores and distribution centers in California, Oregon, Washington, Nevada and Arizona, a move that … Read more
Southern California had a record number of jobs in October, despite high interest rates chilling parts of the local economy. My trusty spreadsheet, filled with state job figures released Friday, found a record 8.06 million at work in Los Angeles, Orange, Riverside and San Bernardino counties in October. These monthly stats are not adjusted for … Read more
Robert Sanchez sits in a truck cab surrounded by LED display screens that show him battery and hydrogen levels in the nearly year-old, zero-emission Nikola-made truck. His job on this day involves hauling containers from the congested TraPac terminal in the Port of Los Angeles to a storage yard near the port. Sanchez will use … Read more
California is barely a middle-of-the-pack performer when scoring the state’s business climate against the rest of the nation. California got a below-average No. 30 ranking among the states when my trusty spreadsheet looked at eight yardsticks of economic well-being from a business perspective. That’s not terribly surprising, given all the C-suite criticism of the state’s … Read more
The region’s median home price was up 6% in September, despite transactions falling to a near-record low, CoreLogic reported. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: November 11, 2024 at 4:49 PM PST Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more
Among the gains in the contract are the elimination of two-tier wage scale and an increased health care bonus. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: November 9, 2024 at 11:42 AM PST Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more
”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data. Buzz: Stockton had the past year’s highest percentage increase in employment in the nation. Source: My trusty spreadsheet looked at the hiring pace in the nation’s 100 largest job … Read more
California last year had the nation’s biggest gap between people who arrived and folks who departed – despite also enjoying the biggest improvement in what demographers call “net migration” among the states. My trusty spreadsheet’s review of new state-to-state migration data from the Census Bureau shows the net outflow of 268,052 was California’s fourth biggest … Read more
Follow the action from Friday’s games with score updates and highlights from the Southern California News Group’s large team of reporters. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: November 1, 2024 at 5:28 PM PDT Read original article here Denial of responsibility! Pioneer Newz is an automatic … Read more
Rising concerns about the nation’s growing wealth gap has Cal State Fullerton economists on edge. On Thursday, economists Anil Puri and Mira Farka put a big asterisk on their predictions for 2025. A mild recession, which they previously predicted would land right around now, has been pushed to late 2025. Expect, they say, a “gradual … Read more
