By From Staff Reports
Posted: 04/01/14, 5:22 PM PDT |

For the first time since August, a closely watched index of the Inland Empire’s business climate has dropped below 50, a possible sign that the region’s manufacturing is slowing a bit.

Cal State San Bernardino’s Institute of Applied Research reported a drop from 50.3 to 49 on its purchasing managers index.

If the PMI remains below 50 for two more months, a new trend of decline in the manufacturing sector will have been established, according to institute researchers.

The new numbers are not reason to panic.

“… If the figure were to drop precipitously to 43.2 and remain at that level for three months, the overall Inland Empire economy would generally be in decline, as it was in 2008. We don’t see that happening at this point,” said Lori Aldana, project coordinator of Institute of Applied Research.

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