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Legislative Action Can Avert Tax Hike on State Employers

Like the rest of California society, employers are cautiously hopeful the worst of the pandemic has passed. The wreckage of human life, family health,...

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...

Governor’s Budget Proposes Economic Relief, No New Taxes

Nobody would have been surprised if Governor Gavin Newsom had presented his new state budget wearing a neck brace. The whiplash from budget boom...

Strong Demand for Goods; Supply Lagging; Imbalance Keeps Upward Pressure on Prices

Overview The recession is officially over. It ended more than a year ago, but it takes time for the group of economists at the National...

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...

American Rescue Plan Act Brings More Financial Relief

On March 11, 2021, President Joe Biden signed into law the $1.9 trillion American Rescue Plan Act (ARPA), creating a third stimulus package since...

Data Showing Balanced Growth Contrasts with Public Pessimism on State of Economy

  The 2018 midterm election is finally behind us, and proved to be just as dramatic as would befit today’s hyper-charged political environment. Moreover, the...

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...

Economic Positives Tempered by Risks Like Virus Uncertainties, Debt Worries

One, Two, Three, Cha Cha Cha No, this is not economics by Arthur Murray, but the process for getting the economy back on track is...

U.S. Growth Pace Slowing, Housing Flat; State Solutions Require Urgency, Patience

U.S. Outlook Looking back, 2018 was clearly a solid year for the U.S. economy, with vastly more positives than negatives to reflect on. The nation’s...

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...

Drought Preparations Picking Up as State Dry Spell Continues with No Relief in Sight

California’s water supply levels are continuing to drop closer to those at the beginning of 2014, which was the start of the last drought...

One-Year Countdown to Census

In just one year, the U.S. government will fulfill its once-a-decade duty to count every American. April 1, 2020 is Census Day. Armed with a...

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...

Governor Calls for Phase Out of Oil Extraction in State

Last week, Governor Gavin Newsom issued a press release announcing he was directing state agencies to phase out new permits for hydraulic fracturing in...

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...

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...