May 2015 State and Metro Job Data July 1, 2015

The U.S. Bureau of Labor Statistics and California's Employment Development Department have released May 2015 state and metropolitan area job data.


2014 GDP: California Ranks 7th or 8th in the World July 1, 2015

Preliminary data on California's gross domestic product shows that the state's economy again was the seventh or eighth-biggest in the world in 2014. This ranking varies depending on the data source used.


2014 GDP Growth: California Outperforms Nation June 26, 2015

2014 California GDP growth outpaced the nation's in most economic sectors.

 


Port Issues, Strong Dollar Curbed Exports in Early 2015 June 10, 2015

This note discusses recent international trade statistics for California and the likely negative effect of the strong U.S. dollar and seaport congestion on California exports.


Cap-and-Trade May Auction Results May 28, 2015

The California Air Resources Board released summary results for the cap-and-trade auction conducted on May 21, 2015.


April 2015 EDD Jobs Report May 26, 2015

The Employment Development Department released its preliminary California jobs report for April 2015 on Friday, May 22.


May Revision: 2014 Personal Income Tax Numbers May 26, 2015

We discuss 2014 personal income tax data from both our May Revision revenue estimates and those of the administration.


May Revision: Cap-and-Trade Revenue May 18, 2015

The Governor's May Revision to his 2015-16 budget proposal increases estimates of cap-and-trade auction revenue.


May Revision: Proposition 30 Estimates, Accrual Uncertainties May 18, 2015

We discuss the May Revision estimates for Proposition 30 revenues.


May Revision: Earned Income Tax Credit Proposal May 17, 2015

We discuss the Governor's May Revision proposal for a state earned income tax credit (EITC).


May Revision: LAO Revenue Outlook May 16, 2015

Our office's May Revision revenue outlook anticipates billions of dollars of additional revenues in 2015-16, compared to the administration's updated projections.


May Revision: LAO Economic Outlook May 15, 2015

Our office's May Revision economic outlook, responding to the administration's economic projections, notes that California's growth recently has outpaced the nation's.


DOF Budget Resources Online: Economics and Revenues May 14, 2015

With the 2015-16 May Revision, the Governor's administration posts updated economic and revenue resources related to its budget proposal online.


FTB Spring 2015 Revenue Exhibit Data Posted May 14, 2015

The Franchise Tax Board has posted its spring "exhibit" data, which contains information used by our office and the administration to understand state income tax collections.


4/2015: Personal Income Tax Far Above Projections May 8, 2015

This post provides updated data from the tax agencies on monthly agency cash collections of California's key state taxes.