Wednesday, December 14, 2011

A Positive Headline

December 14, 2011


On Sunday, December 11, 2011, in the Business section of the San Bernardino Sun, there was a column with a positive heading: "I.E. job market on the upswing". Since we have been constantly bombarded with articles focusing on how stagnant our economy is, it was a real holiday treat to read about some positive news.


The correspondent, Benjamin Wright, began by saying "Over the past few months, the Inland Empire has seen a sharp uptick in employment with the construction industry - believe it or not - playing a role in that equation."


He states that since June, the I.E. has added 22,100 jobs. He also says that these jobs have been spread across several areas with construction being one of those areas. Not single family homes, but non residential structures such as warehouses and office buildings. Some multifamily construction is also in the works.


Interestingly, even though some homeowners may be underwater, they are upgrading there homes with many improvements. He states "The value of these projects has increased by more than 20% since late 2009."


Bit by bit, we see positive changes for the outlook of our economy in 2012.

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