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Homelessness, Public Safety Top Concerns for State Voters

California voters are anxious. Reports of steady growth and low unemployment cheer political leaders, but voters are disturbed by decaying public order and an unaffordable...

Tourism Industry Jobs Form Big Piece of California’s Economic Foundation

Vacations to California’s natural wonders, cultural riches and exciting city attractions fuel stable employment and the world’s fifth largest economy.

One-Size-Fits-All Approach to Independent Contractors Ignores Value to Economy

A wholesale reclassification of workers would have significant consequences for many different sectors in the state’s economy, according to a recent study by Beacon...

Tourism Spending Grows for 7th Year in Row

California’s travel industry grew for the seventh consecutive year since the 2007–2009 recession, according to a May report prepared for Visit California and the...

California Travel Industry Continues to Grow

The California travel industry has been growing steadily since the recession, according to a just-released report prepared for Visit California. Total direct travel spending in...

State of the State Address Governor Keeps Focus on Budget Discipline

Paying for existing state commitments and continuing to add to state budget reserves were the twin highlights of the Governor’s State of the State...

California Must Address Our Uneven Recovery

Governor Jerry Brown has proposed a state budget brimming with new revenues, but carefully socking part of the surplus away for a future economic...

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%...

Economic Analysis: Farmers, Water Districts Show Resilience in Handling Drought

California agriculture is showing more resilience to the state’s historic drought than many had anticipated, according to an analysis released this week. The report from...

Californians Show Grit, Imagination in Hard Times

The ability of Californians to respond to challenges with imagination and innovation was a recurring theme in remarks at the 90th Annual Sacramento Host...

Legislative Analyst Report Notes Drought Has Limited Statewide Economic Impact

The state Legislative Analyst’s Office (LAO) this week said the drought will have a limited statewide economic impact. “While the drought is affecting many Californians...

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...

Hiring Gains, Tech Sector Growth Lay Base for Continued Recovery in 2015

Executive Summary California’s recovery continues to be relatively strong in an overall sense, yet many areas have only recently begun to see tangible gains. Real...

Report Highlights Japanese Businesses’ Contributions to Southern Cal Economy

Southern California is one of the leading global hubs for Japanese companies, according to a recent survey by the Japan External Trade Organization (JETRO)...