Tuesday, November 19, 2019
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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...

Multiple Entities Could Gain Power to Increase Property Taxes with Just 55% Vote of...

Hundreds of local special districts could gain the ability to increase property taxes with just a 55% majority vote if a proposed constitutional amendment...

Effort to Make Property Tax Increases Easier to Pass Falls Short in Assembly

A proposed constitutional amendment to make it easier for local governments to increase property taxes failed to secure enough votes to pass the Assembly...

Job Creator Bills Move on for Consideration by Second House

Five bills the California Chamber of Commerce has identified as job creators have passed the legislative house...

Housing Crisis Challenge Gets Attention at Breakfast

The housing challenge facing California was one focus of remarks by Governor Gavin Newsom and California Chamber of Commerce Chair Grace Evans Cherashore at...

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...

CalChamber Releases List of 2019 Job Creator Bills

The California Chamber of Commerce this week released its list of job creator bills, calling attention to nine bills that will stimulate the economy...

CalChamber Job Creator Housing Bill Narrowly Passes Senate Committee

Legislation identified by the California Chamber of Commerce as a job creator because it will minimize frivolous litigation that blocks infill housing projects won...

CalChamber-Backed Housing Relief Bills Advance

Two California Chamber of Commerce-supported bills aimed at helping ease the state’s housing crisis won approval this week from the Senate Housing Committee. Sent on...

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...

Hyperpartisan Housing: A Common Crisis with Very Different Solutions in Hopper

Despite bipartisan recognition of California’s unprecedented housing crisis, legislative solutions being introduced this session remain hyperpartisan. On the Democratic side, with some exceptions, legislation being...

Governor Lists Next Steps in Upcoming ‘Tough Calls’

“Hard decisions” are “coming due,” Governor Gavin Newsom said this week in his first State of the State Address. Water, energy, high-speed rail, housing, health...

Governor Unveils Carrot-and-Stick Approach to Boost Housing Production

“The number one driver of cost of living is housing—housing is the issue. Unless we get serious about it, the state will continue to...

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...

Voters, CalChamber Agree: No on Props. 6, 8 & 10

Voters ultimately agreed with the California Chamber of Commerce on three hotly contested ballot measures, rejecting Propositions 6, 8 and 10 on the November...

Water Supply Bond Failing; Housing, Children’s Hospital Bonds Pass

A California Chamber of Commerce-supported proposal to issue state general obligation bonds to fund water supply and infrastructure projects was behind in the vote...

Strong California Economy Will Allow Next Governor to Address These Issues

The top priorities for California’s next governor ought to reflect what is on the minds of Californians. With our diverse population, geography and business community,...