Recapping a Challenging 2022
Markets faced several challenges in 2022, including high inflation, historic central bank policy, the war in Ukraine, and COVID lockdowns in...
Legislation creating a misguided policy that would exacerbate California’s affordability crisis was named by the California Chamber of Commerce this week as the first...
Governor Gavin Newsom presented a balanced budget this week with no new general tax increases. He identified a $22.5 billion “shortfall” between previously expected...
Overview
The pace of economic growth continues to moderate, primarily driven by a slower pace of consumption, which accounts for about two-thirds of gross domestic...
Given its size and economic diversity, California will both enjoy and suffer some major effects of the Inflation Reduction Act — approved Saturday by...
International economies continued to be beset by the detrimental effects of the COVID-19 pandemic last year, reducing the amount of foreign direct investment in...
California’s revenues and economic conditions have continued to improve, enabling the state to address some of its greatest threats, such as climate change, the...
Overview
Economic recoveries and expansions never go as planned. This one is no exception. It has been marred by two major COVID outbreaks, supply shortages,...