Tag: Economy

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...

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...

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

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...

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...

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...

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

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...

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%...