The California CEO Council last week unveiled the California Economic Dashboard, a first-of-its-kind interactive tool to assess the economic well-being of the Golden State, as well as its strengths and challenges in the effort to achieve long-term prosperity.
The dashboard is the first major accomplishment of the Council, formed earlier this year to harness the expertise of California executives in crafting achievable policy proposals that improve quality of life and strengthen the state’s economy.
The California Economic Dashboard is available on the CalCEO website, in coordination with its sponsoring nonprofit organization, the California Foundation for Commerce & Education (CFCE).
Pillars of Success
The dashboard was created by reviewing more than 50 unique economic indicators, derived from publicly available databases and divided into five categories — what the Council believes are the “pillars” that support California’s success:
• Talent & Inclusion tracks workforce readiness and employment outcomes.
• Investment Climate takes stock of how attractive California’s business environment is to entrepreneurs and investors.
• Broad-Based Prosperity evaluates California’s overall economic health and wealth.
• Demographics & Community Well-Being tracks population dynamics and community conditions.
• Housing & Infrastructure Delivery measures the supply and performance of housing and infrastructure.
Sixteen metrics are included in the pillars, benchmarked against all other U.S. states and built on nearly a decade of data while also offering California insights down to the county level. The CalCEO Council retained the services of Boston Consulting Group to build the dashboard, which will be updated by CalCEO and CFCE on a quarterly basis.
Executive Support
“Through CalCEO, businesses and CEOs are a force for good in our state. With the California Economic Dashboard, we now have a new tool to inform public policy to help power prosperity statewide,” said PG&E Corporation CEO Patti Poppe, a member of the Council’s Executive Committee.
“This dashboard gives us a shared foundation to turn insights into action, align around opportunity, and help shape California’s next chapter,” said Gap Inc. CEO Richard Dickson, a member of the Council’s Executive Committee.
“Our Council is committed to California for the long run, and this dashboard gives us exactly the kind of clarity that makes long-term success possible,” said Snap Inc. CEO Evan Spiegel, a member of the Council’s Executive Committee. “It shows us where our competitive advantages are strongest and where we need to do real work to improve. That honest accounting is the foundation for meaningful progress.”
“California’s challenges are too important for any one sector to solve alone,” said San Francisco 49ers Principal Owner Jed York, a member of the Council’s Executive Committee. “This dashboard creates a common set of facts that can help business leaders, policymakers, and communities work together toward practical solutions.”
About CalCEO Council
The CalCEO Council is a nonpartisan organization comprised of 25 executives, leaders of a diverse group of California organizations representing an array of essential industries and fields. The group is committed to policy reforms that are shaped and supported through stakeholder outreach, public dialogue, and strategic engagement.
The Council is part of the California Foundation for Commerce & Education, a nonprofit “think tank” affiliated with the California Chamber of Commerce.
