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U.S. retail sales (seasonally adjusted) grew 0.7 percent from August to September. Retail sales remain at the elevated level that has persisted following dramatic growth in January and March.
Californians continue to form new businesses at a rate well above the recent average.
California builders recorded 9,285 housing permits in August, in line with the recent average for the month.
The California income tax withholding surge continues, as September collections to date are 23.5 percent above last September.
The state recorded 37,275 home sales in August, slightly above the recent average for the month.
California home prices are up 21.7 percent over 12 months, although the rate of growth slowed in August.
California employers added 104,300 net new jobs in August, a strong showing despite the national slowdown.
U.S. retail sales (seasonally adjusted) grew 0.7 percent from July to August. Retail sales remain elevated due to dramatic growth in January and March.
California builders recorded 9,676 permits in July, 5 percent above the same month in 2020.
California income tax withholding remained very strong in August, coming in nearly 20 percent above August 2020.
The pace of home sales in California continued to moderate in July, with 38,389 sales recorded.
California home prices continued to soar in July and are now up 21.2 percent over the past 12 months.
California employers created an estimated 114,400 net jobs in July, the biggest gain since February.
It's most common for a larger firm to go public 8 to 10 years from its founding date.
U.S. retail sales (seasonally adjusted) fell 1.1 percent from June to July. Retail sales remain elevated due to dramatic growth in January and March.