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California Economy and Taxes
 
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General Fund Portion of CPUC's PG&E Penalty April 9, 2015

A portion of the California Public Utilities Commission's $1.6 billion penalty against the Pacific Gas and Electric Company (PG&E) affects state General Fund budgetary revenues.

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Feb. 2015 Metropolitan Area Employment Data April 9, 2015

The U.S. Bureau of Labor Statistics published its February 2015 data concerning employment in the nation's metropolitan areas on April 8, 2015.

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Corporate Profits Decline in 2014 March 27, 2015

Corporate profits data released today by the Bureau of Economic Analysis show an annual decline of $17 billion, or less than 1 percent.

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Bank Lending Surged in California in 2014 March 26, 2015

The Federal Reserve Bank of San Francisco recently released lending and other data for commercial banks headquartered in the West, including California, through the end of 2014.

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4Q2014: California Personal Income Growing Faster Than U.S. Over Past Year March 26, 2015

The U.S. Bureau of Economic Analysis has published its estimates of state personal income through the fourth quarter of 2014.

Personal Income Definitions March 26, 2015

This post provides background information on the various data categories considered in the economic statistic known as personal income.

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Placer, Bay Area, Riverside Lead in Net In-Migration March 26, 2015

New Census data show that Bay Area counties are among those in the state with the most robust in-migration in recent years.

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2/2015: California Nonfarm Jobs Up 29,400 March 20, 2015

According to preliminary data from the state's Employment Development Department, California's official unemployment rate fell to 6.7% in February 2015, down from a revised 7.0% in January.

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Overview of Sharing Economy and Short-Term Rentals March 19, 2015

For a joint hearing of two Assembly committees, we examine the "sharing economy" and growth of short-term rental companies like Airbnb and HomeAway.

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Report: California's High Housing Costs: Causes and Consequences March 17, 2015

Our office's 44-page report, videos, and infographics on one of the state's most significant economic issues, housing costs.

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Local Housing Facts March 17, 2015

This post provides metro specific summaries of our analyses from California’s High Housing Costs: Causes and Consequences.

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A Look at Housing Markets Outside of California's Major Metros March 17, 2015

We provide data on housing markets in California communities outside of the state's major metro areas.

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February 2015 Income Taxes Far Above Forecast March 17, 2015

This post discusses February 2015 personal income, sales, and corporate income tax collections (the General Fund's "Big Three" tax sources).

Possible PG&E General Fund Penalty Payment March 13, 2015

We discuss Pacific Gas and Electric Company's possible penalty payment to California's General Fund related to the San Bruno pipeline explosion.

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Film and TV Production Employment Data March 12, 2015

January declines in film and television production jobs are likely to be reversed in upcoming February data.