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U.S. Retail Sales Update: January 2022 February 16, 2022
U.S. retail sales (seasonally adjusted) grew 3.8 percent from December to January. Retail sales have been elevated after growing dramatically in early 2021, but inflation has offset most of the past year’s apparent “growth.”
December 2021 Jobs Report January 24, 2022
California employers added 50,700 net jobs in December, representing annualized growth of 3.6 percent.
2021-22 “Big Three” Revenue Outlook Update: January 2022 January 21, 2022
Based on the most recent revenue and economic data, we currently project that there is a strong chance that collections from the state’s “big three” taxes will exceed the Governor's Budget assumption of $185 billion in 2021-22.
U.S. Retail Sales Update: December 2021 January 14, 2022
U.S. retail sales (seasonally adjusted) dropped 1.9 percent from November to December. Nonetheless, sales remained 17 percent above last December.
U.S. Retail Sales Update: November 2021 December 15, 2021
U.S. retail sales (seasonally adjusted) grew 0.3 percent from October to November. Retail sales have been elevated throughout 2021 following dramatic growth in January and March.
Income Tax Withholding Tracker: November 1 - November 30 November 30, 2021
California income tax withholding collections in November were up nearly a third over last November.
Home Sales Update: October 2021 November 30, 2021
The pace of California home sales is slowing, although it remains high by historical standards.
October 2021 Jobs Report November 19, 2021
California employers added 96,800 net jobs in October, the highest monthly figure since July.
California New Business Creation: October 2021 November 19, 2021
The pace of new business creation in the state remains slower than in 2020 but faster than in most previous years.
Home Price Update: October 2021 November 18, 2021
California home price growth slowed sharply in October, but is still up 21 percent over the past 12 months.
U.S. Retail Sales Update: October 2021 November 16, 2021
U.S. retail sales (seasonally adjusted) grew 1.7 percent from September to October. Retail sales remain elevated due to dramatic growth in January and March.
California Venture Capital Funding, 3rd Quarter 2021 November 5, 2021
California firms raised $34.4 billion from venture capital funds in the third quarter, a new series record.
Income Tax Withholding Tracker: October 1 - October 31 November 3, 2021
California income tax withholding in October was up 8.2 percent over October 2020, a slower growth rate than in the three previous months.
Building Permits Update: September 2021 November 1, 2021
California builders recorded 8,254 permits in September, the lowest figure since February.
September 2021 Jobs Report October 22, 2021
California employers added an estimated net 47,400 jobs in September, the smallest monthly gain since January.