Friday, March 29, 2024

Special Report

U.S. Outlook About to Get Bumpy; State Initiatives Have Tax Implications

  The election that put Donald Trump in the White House in 2017 was a shock to the vast majority of pollsters who were predicting...

Overview of November Ballot Measures

Following are brief summaries of the measures that will appear on the November 8 General Election ballot. When the California Chamber of Commerce has...

Economy Pushes Through Global Turbulence; State Still Among Fastest Growing in U.S.

U.S. economic output has slowed to a crawl over the last three quarters—averaging less than a 1% pace of growth compared to 3% in...

California Poised for Economic Growth; Housing Affordability Challenge Emerges

The U.S. economy started off on a down note in 2016, with gross domestic product (GDP) growth slowing to a paltry 0.4%, even as...

Overview of June Ballot Measure

Following is a brief summary of the measure that will appear on the June ballot. The California Chamber of Commerce has no position on...

Positive Indicators for U.S. Economy; California Growth Outpaces Nation

U.S.: Glass Still Half Full Worries about the U.S. economy have dominated news headlines since the start of 2016. There was weak headline growth in...

State Job Growth Outpaces Nation; Inland Lags Behind Tech-Driven Coastal Areas

The Federal Reserve finally moved forward with its plans to begin normalizing interest rates in mid-December by raising the federal funds rate by one-quarter...

Despite Drought, Challenges, California Continues Strong Economic Growth

California continues to enjoy strong overall economic growth, despite continuing challenges from the ongoing drought and global economic slowdown. Nonfarm employment has averaged a 3.0%...

California Economy Maintains Momentum as Ports Bounce Back, Tax Revenues Surge

California’s economy appears to be maintaining strong momentum through the first few months of 2015, even though the state’s economy continues to be impacted...

State Economy Strengthens in Face of Port, Drought, Domestic Outmigration Challenges

While most key economic reports have continued to show strength, commodity prices and the financial markets have clearly felt the sting from the cold...