Tag: Economy
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...
