The U.S. Bureau of Labor Statistics and California's Employment Development Department have released May 2015 state and metropolitan area job data.
Preliminary data on California's gross domestic product shows that the state's economy again was the seventh or eighth-biggest in the world in 2014. This ranking varies depending on the data source used.
2014 California GDP growth outpaced the nation's in most economic sectors.
This note discusses recent international trade statistics for California and the likely negative effect of the strong U.S. dollar and seaport congestion on California exports.
The California Air Resources Board released summary results for the cap-and-trade auction conducted on May 21, 2015.
The Employment Development Department released its preliminary California jobs report for April 2015 on Friday, May 22.
We discuss 2014 personal income tax data from both our May Revision revenue estimates and those of the administration.
The Governor's May Revision to his 2015-16 budget proposal increases estimates of cap-and-trade auction revenue.
We discuss the May Revision estimates for Proposition 30 revenues.
We discuss the Governor's May Revision proposal for a state earned income tax credit (EITC).
Our office's May Revision revenue outlook anticipates billions of dollars of additional revenues in 2015-16, compared to the administration's updated projections.
Our office's May Revision economic outlook, responding to the administration's economic projections, notes that California's growth recently has outpaced the nation's.
With the 2015-16 May Revision, the Governor's administration posts updated economic and revenue resources related to its budget proposal online.
The Franchise Tax Board has posted its spring "exhibit" data, which contains information used by our office and the administration to understand state income tax collections.
This post provides updated data from the tax agencies on monthly agency cash collections of California's key state taxes.