Income Tax Withholding Tracker: November 2 - November 6 November 6, 2020

Withholding this week was up 6 percent from the same week last year, pushing the cumulative gain since late March to 3.5 percent.

California New Business Creation: October 2020 November 6, 2020

Creation of new businesses in California remained very strong in October. 

Building Permits Update: September 2020 November 3, 2020

California records nearly 10,000 housing permits in September, the highest monthly total to date this year.

Home Prices Update: September 2020 November 2, 2020

California home prices are on the rise despite the pandemic.

Income Tax Withholding Tracker: October 26 - October 30 November 2, 2020

Income tax withholding kept pace with the same week in 2019, and collections since March are up 3.4 percent from 2019.

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. 

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.

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.

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). 

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

Observations on this week's unemployment insurance claims data.

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.

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.

September 2020 Jobs Report October 16, 2020

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

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. 

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.