Economy
As Economy Lifts Off, Transitory Hiccups in Some Sectors, Inflation Factors to Watch
Overview
The parade of robust economic data continues to march onward. The data at the end of the quarter, following the February chill, has been...
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...
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...
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...
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...
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...
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...
