California builders recorded 9,676 permits in July, 5 percent above the same month in 2020.
California personal income rose 9.3 percent in the first quarter, mostly reflecting federal stimulus payments.
New business formation has been especially high in the retail and transportation sectors over the past ten months.
This post discussed why those interested in monitoring the state's economy should watch home sales.
This post discusses why those interested in monitoring the state's economy should watch unemployment insurance claims.