Economy

Technology and innovation are key drivers of economic development in California, creating well-paid jobs throughout the state and producing an outsized proportion of tax...

Governor Newsom announced his strategy to address an estimated $27.6 billion deficit for the upcoming budget year, and a $28.4 billion projected deficit for...

Despite the Narratives, California Is Doing OK The U.S. economy entered 2024 at a good pace. Consumer spending continues to hum along, inflation has cooled,...

California is expected to see slow but steady revenue growth in the 2024–2025 fiscal year, requiring state leaders to cover a $37.8 billion budget...

Comparing the path of inflation during the 1970s and today, the numbers differ, but a similar pattern emerges. In both periods, inflationary pressures began building early when interest rates were low in the 1960s and 2010s, respectively.

California voters have grown more anxious and pessimistic about living in California than a year ago, according to findings from the California Chamber of...

S&P 500 Off to Strong Start Following a steep sell-off in the first half of 2022, the Standards & Poor 500 started 2023 with an...

Last week, the California Chamber of Commerce convened the first meeting of its California Big City Chambers Coalition, a leadership group of local chamber...

Rate Decisions Recent Bank Failures Pressure Markets and Fed on Rate Decisions One more rate hike and then pause? Leading economic indicators have turned deeply negative....

Governor Gavin Newsom released his revised budget on May 12, revealing a larger revenue shortfall, higher estimated safety net spending, but even so not...