Tag: Economy
Poll Shows Strategies Voters Favor to Restore Economy
California voters are understandably anxious about the health and economic crises facing families and workplaces. The California Chamber of Commerce commissioned a brief survey...
How to Sabotage a Recovery: Raise Taxes
Even before COVID-19, many Californians were struggling with the high cost of living here. The long-time willingness of many Californians to pay the “sunshine...
Tourism Industry Preparing Itself for Recovery
The COVID-19 crisis has snuffed out 10 years of economic growth in California’s travel and tourism industry. The fallout from this crisis is not...
Manufacturing Leading Source of Jobs from Foreign Direct Investment
The first-ever California-specific report on foreign direct investment shows that manufacturing is the top source of employment from foreign-owned enterprises.
Professional and business services, wholesale...
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...
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...
