We discuss a new piece, published in a major national publication, that uses Census Data to examine changes in real incomes by percentile at the state level between 1990 and 2014.
We discuss the state's economic outlook, including the administration's assessment of the near-term economic outlook in the Governor's May Revision to his 2016-17 budget proposal.
We discuss a recent National Association of Counties report on county economies.
We briefly review the data concerning possible overheating in the state's housing market.
Our Fiscal Outlook assumes continued growth in assessed values.
A look at American Communtiy Survey data shows notable movement of lower-income households from California's expensive coastal metro areas to the state's inland metro regions.
A spike in gas prices contributed to Los Angeles-area consumer prices rising substantially faster than the nation as a whole in July, according to new federal data.
We discuss one of the likely consequences of rising California housing costs: intergenerational differences in homeownership and housing costs.
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.
Our office's 44-page report, videos, and infographics on one of the state's most significant economic issues, housing costs.
This post provides metro specific summaries of our analyses from California’s High Housing Costs: Causes and Consequences.
We provide data on housing markets in California communities outside of the state's major metro areas.
Since the early 2000s, median housing costs in California have increased faster than median incomes. During the last several years, though, the gap between these two has narrowed. This overall improvement is largely attributable to falling housing costs for homeowners, while the gap between renters' incomes and their housing costs continues to widen.
Since 2002, on an inflation-adjusted basis, housing costs in California have grown faster than the total change in median household income.
Across the state, Californians spend more of their income on housing compared to residents in other states' metropolitan areas.