We have received preliminary data from the tax agencies on August 2017 collections of the state's major tax revenues.
Nonfarm payroll jobs declined in August, as growth in the labor force contributed to a rise in the state's jobless rate.
According to the Supplemental Poverty Measure, which considers the cost of housing and other factors, California's poverty levels are much higher than in the rest of the country.
We discuss the results of the August 2017 cap-and-trade auction.
Recent budget legislation--expected to be signed soon by the Governor--expands California's EITC program.
We take a look at the initial declines in existing cigarette tax collections after imposition of the new taxes of Proposition 56.
We have begun to receive preliminary data on state tax collections during June, a major state tax collection month.
We look at recent trends in housing affordability in some of California's largest metropolitan regions.
A coming surge in home sales by aging homeowners should boost local government property tax collections. These gains, however, are likely to be offset by an increase in the transfer of homes from parents to children which, unlike most home sales, does not trigger higher tax payments.
We have received preliminary information from the state's tax agencies on California's May 2017 major state tax collections.
Federal and state labor agencies released California's April 2017 state jobs report on May 19. Additional information on metropolitan area jobs was released by the federal government on May 31.
The Air Resources Board released a summary of the results of the May 2017 cap-and-trade auction.
We provide additional detail on several key revenue issues in the May Revision, including administration estimates of capital gains and Proposition 30 revenues.
We discuss our updated state revenue outlook, released as part of our response to the Governor's 2017 May Revision.
We discuss our new economic outlook, released as part of our response to the Governor's 2017 May Revision.