Economy
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...
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...
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...
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...
CalChamber-Backed Bills Part of Budget Package
Governor Edmund G. Brown Jr. this week signed his final budget, a package that includes three California Chamber of Commerce-supported budget trailer bills which...
