California Economy and Taxes
 
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Thumbnail for 2nd Quarter 2020 Personal Income Report

2nd Quarter 2020 Personal Income Report October 23, 2020

California personal income surged in the 2nd quarter due to transfer payments, but other income categories dropped sharply. 

Thumbnail for Income Tax Withholding Tracker: October 19 - October 23

Income Tax Withholding Tracker: October 19 - October 23 October 23, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.

Thumbnail for Snapshot of the California Economy: September 2020

Snapshot of the California Economy: September 2020 October 23, 2020

After months of rapid rebound, the recovery of the state economy has been less pronounced recently.

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September 2020 State Tax Collections October 19, 2020

September collections from the state’s three largest taxes were ahead of budget projections by $4 billion (42 percent). 

Thumbnail for Weekly Unemployment Claims Update: October 4 - October 10

Weekly Unemployment Claims Update: October 4 - October 10 October 19, 2020

Observations on this week's unemployment insurance claims data.

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Card Spending Update: September 2020 October 19, 2020

Credit/debit card data suggest California taxable sales continued to grow in September but still remained somewhat below January.

Thumbnail for Income Tax Withholding Tracker: October 12 - October 16

Income Tax Withholding Tracker: October 12 - October 16 October 16, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.

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September 2020 Jobs Report October 16, 2020

California recovers 96,000 jobs in September, still 1.62 million below February level.

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California New Car Sales: August 2020 October 16, 2020

New vehicle registrations have rebounded from record lows in the spring, but remain below pre-recession levels. 

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U.S. Retail Sales Update: September 2020 October 16, 2020

Strong U.S. retail sales growth continued in September. Total sales January-September 2020 were just 1% below the same period in 2019. 

Thumbnail for Income Tax Withholding Tracker: October 5 - October 9

Income Tax Withholding Tracker: October 5 - October 9 October 9, 2020

We examine whether economic effects of COVID-19 can be observed in weekly withholding data.

Thumbnail for Weekly Unemployment Claims Update: September 27 - October 3

Weekly Unemployment Claims Update: September 27 - October 3 October 9, 2020

Observations on this week's unemployment insurance claims data.

Thumbnail for California New Business Creation: September 2020

California New Business Creation: September 2020 October 8, 2020

Data from the U.S. Census suggests a heightened level of new business creation in California in September.

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Building Permits Update: August 2020 October 2, 2020

A brief look at California building permits data for August 2020.

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Snapshot of the California Economy: August 2020 October 2, 2020

A look at ten key indicators suggests that California's economy  continued to recover in August, but at a somewhat slower pace.