For a joint hearing of two Assembly committees, we examine the "sharing economy" and growth of short-term rental companies like Airbnb and HomeAway.
Our office's 44-page report, videos, and infographics on one of the state's most significant economic issues, housing costs.
This post provides metro specific summaries of our analyses from California’s High Housing Costs: Causes and Consequences.
We provide data on housing markets in California communities outside of the state's major metro areas.
This post discusses February 2015 personal income, sales, and corporate income tax collections (the General Fund's "Big Three" tax sources).
We discuss Pacific Gas and Electric Company's possible penalty payment to California's General Fund related to the San Bruno pipeline explosion.
January declines in film and television production jobs are likely to be reversed in upcoming February data.
In response to a reporting requirement in the 2014-15 budget, the State Board of Equalization (BOE) submitted a report to the Legislature. This report describes eleven options for future funding of the cigarette and tobacco licensing program.
The state's Employment Development Department has begun to release January 2015 jobs data for the state and Los Angeles County, with further data releases (delayed by the complex annual "benchmarking process") to follow for other jurisdictions later.
This note discusses the complex effects on state budget revenue projections related to the new College Access Tax Credit.
We discuss the February 18, 2015 cap-and-trade auction.
The state's preliminary official statements for bond offerings, such as the planned March 4 general obligation bond sale, contain significant information about the state's finances, including litigation related to state revenues and spending.
In response to questions received during a January Senate budget hearing, we examine California's General Fund tax expenditures: tax deductions, credits, exclusions, and the like that reduce revenues below what they would be otherwise.
We provide preliminary data concerning January 2015 California income and sales tax collections (the state General Fund's "Big Three" tax revenue sources).
Since the early 2000s, median housing costs in California have increased faster than median incomes. During the last several years, though, the gap between these two has narrowed. This overall improvement is largely attributable to falling housing costs for homeowners, while the gap between renters' incomes and their housing costs continues to widen.