REFRESHED EACH TUESDAY
The Numbers
Key IE corridor data — labor market, real estate, airport, capital flows — tracked through each issue.
Thursday, May 22, 2026 · Data current through May 20
Labor Market
IE MSA Unemployment Rate
April 2026 · CA average 5.1%
4.8%
↓ 0.2 from March
Net Jobs Added, Month-over-Month
Healthcare +1,400 · Logistics -800 · Hospitality +900
+3,200
↑ 1,100 from prior
WARN Filings, Year-to-Date
vs. 38 same period 2025
47
↑ 24% YoY
Real Estate
East IE Warehouse Vacancy Rate
Q1 2026 · CBRE
4.8%
↑ 0.4 from Q4
East IE Q1 Net Absorption
Industrial · first time above 6M sf since Q3 2022
6.2M sf
↑ from 4.1M
Industrial Big-Box Asking Rent
East IE · NNN
$1.08
↓ $0.04 from Q4
Ontario Airport
March Passengers
Fourth consecutive month of growth
574,819
↑ 2.7% YoY
Q1 Air Freight Tonnage
Year-over-year
+12.7%
strongest Q1 since 2021
International Passenger Growth
Mexico routes lead
+58.4%
YoY
Capital Markets
Hospitality Bond Issurance, YTD
Includes the Ontario Hyatt $103M deal
$156M
↑ from $62M YTD 2025
C-PACE Projects Closed, YTD
vs. 11 full-year 2025
8
on pace for 19
Notable Trades >$2M
Week ending May 17
4
avg deal size $4.2M