Tag: Economic Advisory Council
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...
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...
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...
U.S. Economic Expansion Continues, But Growth Surge May Be Temporary
The United States is currently in the midst of the second longest expansion in the nation’s history at 111 months and counting. In July...
Housing Shortage Among Top Challenges for Long-Term Health of State Economy
California Outlook
Long-Run Challenges During Times of Economic Gain
The U.S. economy has experienced steady growth in recent years, and later this year, the current economic...
U.S., State Economic Stability Contrasts with Turmoil on Social, Political Fronts
U.S. Outlook: A Turning Point
From a political standpoint, 2017 will go down as one of the most chaotic periods in recent U.S. history, although...
Worker Shortage, Chronic Lack of Housing Constrain Potential for California Growth
The National Outlook: Cruising Through Rough Waters
It may be tempting to interpret the hurricanes pounding the Southeast, major earthquakes in Mexico, bigger bombs going...
State Economic Growth Slows; Constraints Include Labor, Housing, Uncertainty
California at Cruise Speed
Like the U.S., California’s economy continued to roll forward in the first part of 2017. The unemployment rate edged down, nonfarm...
Disruption in Washington, D.C. Heightens Economic Uncertainty in California
With the midpoint of the year fast approaching, two distinctly opposing trends have formed in terms of the U.S. economy’s outlook for the year....
Uncertain Political-Economic Environment Spawns California ‘Rogue One’ Reactions
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The political-economic environment went from unsettling in the aftermath of the November election to disruptive when President Donald Trump assumed the...
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...
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...
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%...
