By Manfred Keil and Mark Schniepp | Inland Empire Economic Partnership

The Riverside-San Bernardino-Ontario Metropolitan Statistical Area, or MSA, has just become the 11th most populous MSA in the U.S., passing the Boston-Cambridge MSA. While the region continues to see population growth, employment generation has been weak over the last year and concentrated in a few sectors. What makes it worse is that the industrial sectors that dominate employment levels here are not sectors that generate a lot of value added in terms of output and income.

Favoring certain industries can be quite beneficial if these sectors are doing well (think of investing in successful stocks) but can result in potential problems when these sectors contract, due to the lack of diversification. If these sectors a

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