The Stock Market Downturn and California's Finances August 28, 2015
We answer some questions we receive about California's budget and the stock market downturn of recent days.
Coincident Index Over Past Year: California Ranks 11th of 50 States August 26, 2015
The Philadelphia Fed's July 2015 "coincident indices," a single economic measure considering various data, ranks California's economic performance over the past year as the 11th strongest among the 50 states.
Equipment Sales Tax Exemption Falls Short of Projection August 25, 2015
We discuss new data on forgone state General Fund revenue resulting from the partial sales tax exemption on certain sales of manufacturing and R&D equipment.
Cap-and-Trade: August Auction Results August 25, 2015
The state released summary results of the cap-and-trade auction conducted on August 18, 2015.
Chinese Currency Turmoil and California's Economy August 25, 2015
Turmoil in global currency markets may produce positive and negative effects for California's economy.
July 2015 Jobs Report: Job Growth Trend Continues August 21, 2015
July 2015 California jobs data has been released.
July 2015 Jobs Report: Strong & Weak Sectors Locally August 21, 2015
We look at the July 2015 Employment Development Department regional jobs data to see which job sectors are performing well and which are weak in several areas of California.
July 2015 Jobs Report: More on Labor Force and Unemployment August 21, 2015
We examine more closely some of the Employment Development Department data on July 2015 California unemployment trends.
Los Angeles Consumer Prices Up Notably in July August 19, 2015
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.
Revenue Tracking: July 2015 General Fund Collections August 18, 2015
Updated information about July 2015 major tax collections in California's General Fund has been released.
Generational Differences in Homeownership and Housing Costs August 17, 2015
We discuss one of the likely consequences of rising California housing costs: intergenerational differences in homeownership and housing costs.
June 2015 State Jobs Data July 23, 2015
California's Employment Development Department has released June 2015 state and metropolitan area job data.
2014-15 Agency Cash: Revenue Collections $732 Million Above Projection July 14, 2015
In total, 2014-15 General Fund agency cash revenue collections exceeded the Governor's estimate, as incorporated in the 2015-16 budget plan he signed into law last month, by $732 million.
2014-15 Agency Cash: Big Three Taxes $655 Million Above Projection July 14, 2015
Collections of the state's three major General Fund taxes combined for 2014-15 were over $650 million above the Governor's projections as incorporated into the budget act signed on June 24.
Special Session: Response to Assembly Hearing Questions July 14, 2015
At a meeting of the special session Assembly committee considering Medi-Cal and developmental services funding, we were asked several questions concerning some state tax increase options.