Monday, November 23, 2020
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To ‘V’ or Not to ‘V,’ That is the Question…

The COVID-19 induced recession of 2020 began with the ferocity of an unexpected tsunami smashing onto the shore—one month the economy was fine, the...

CalChamber Recommends Ways to Fire Up Economy

Setting liability limits for employers facing lawsuits over COVID-19 exposure, postponing the 2021 minimum wage hike, and expediting retraining programs for unemployed workers are...

Post-COVID-19 Economy: Case for the ‘V’

Overview: Is Hysteria the New Normal? The good news is that the number of new, confirmed cases of the coronavirus in the United States has,...

6 Things Legislature Can Do to Help State Recover from Economic Devastation

The COVID-19 pandemic has devastated the California economy, especially public-facing businesses. Entertainment—including motion pictures, television, live shows and theme parks—restaurants, accommodations and retail sectors...

Governor Lays Out Plan for Solving Record State Budget Deficit

Governor Gavin Newsom has proposed solving a record budget deficit by tapping reserves, borrowing money from special funds, deferring spending and raising some targeted...

West Coast Organizations Promote Trade as Way to Help Fuel Economic Recovery

  The California Chamber of Commerce, the Pacific Northwest International Trade Association and the Washington Council on International Trade shared their support and...

Food Producer Outlines Keys to Restoring Economy After COVID-19

Restoring confidence and supporting economic growth are two keys to moving forward from the COVID-19 pandemic, the CEO of a Central Valley cheese producer...

6 Factors to Determine When Economy Can Start Reopening

Governor Gavin Newsom this week outlined the six key indicators that will guide California’s decision on when to modify stay-at-home orders and slowly begin...

Coronavirus: CalChamber Podcast Examines Potential Economic Impact

Coronavirus continues to dominate the news, raising concerns among individuals and for our economy. In Episode 51 of The Workplace podcast, CalChamber Executive Vice President...

No Slowdown Before the Election Hoedown

U.S. Economic Outlook This year’s Lunar New Year ushered in the Year of the Rat on the Chinese calendar. The past year, the Year of...

Finance Director Outlines Investment Objectives

California is now into the 11th year of the U.S. economic recovery and all of the state’s economic vitals continue to be strong, state...

Tourism Sector Up: Visitors Spend Record $140 Billion on Travel in State

For the ninth year in a row, California’s travel and tourism economy surged, adding $79 billion to the state’s gross domestic product (GDP). Visit California’s...

California Economy Continues Growing; Some Declines Due to Ongoing Trade Wars

Fact Versus Fiction While still savoring the fact that the U.S. economy is in the midst of a record-breaking expansion, attention has suddenly shifted to...

Success of Private Sector Economy Reflected in State Budget Bounty

The $214 billion state budget that went into effect at the beginning of this month relies heavily on the success of the private sector...

Reality Check: Workers Are Changing

Labor protections are meant to address certain situations where there is an imbalance in control between the employer and employee. But when the workers...

Record Economic Expansion Near; Housing Costs Dampen State’s Dynamism

U.S. Outlook Better Than Expected, But Not as Good as It Looks The stock market sell-off that began at the end of 2018, combined with certain...

Robust Budget, Key Programs Rely on Private Sector Success

Taxes continue to pour into the state treasury, like spring snowmelt into Lake Oroville. Thanks to the engine of California’s private economy—the creativity of...