California Economy and Taxes
 



U.S. Retail Sales Update: September 2020 October 16, 2020

Strong U.S. retail sales growth continued in September. Total sales January-September 2020 were just 1% below the same period in 2019. 


August 2020 State Tax Collections September 17, 2020

August revenue collections from the state’s three largest taxes were ahead of budget projections by $1.7 billion (24 percent). 


U.S. Retail Sales Update: August 2020 September 16, 2020

U.S. retail sales rose by 0.6 percent from July to August, making sales in August 2020 2.6 percent higher than sales in August 2019.


Card Spending Update: August 2020 September 11, 2020

Credit/debit card data suggest CA taxable sales continued to grow in August but still remained below January.


State Tax Collections Update: April 2020 to July 2020 August 20, 2020

Total revenue collections for the state’s three largest taxes came in 9 percent ($4.3 billion) ahead of budget projections.


U.S. Retail Sales: July 2020 August 14, 2020

U.S. retail sales in July 2020 were 2.7% higher than in July 2019.


Using Card Spending Data to Track Taxable Sales July 31, 2020

We use data on credit card and debit card transactions in California to get a better sense of recent sales tax trends in California.


U.S. Retail Sales: June 2020 July 16, 2020

U.S. retail sales rose 8% from May to June, returning to 2019 level.


U.S. Retail Sales: May 2020 June 16, 2020

May 2020 U.S. retail sales show significant rebound from April decline. 


April 2020 State Tax Collections May 22, 2020

We discuss monthly collections from the state's three largest taxes. 


U.S. Retail Sales: April 2020 May 18, 2020

April 2020 U.S. retail sales data shows significant impact from COVID-19. 


U.S. Retail Sales: March 2020 April 15, 2020

March 2020 retail sales data shows significant impact from COVID-19. 


February 2020 State Tax Collections March 19, 2020

We discuss monthly collections from the state's three largest taxes. 


January 2020 State Tax Collections February 27, 2020

We discuss monthly collections from the state's three largest taxes. 


A Look at Household Debt in California February 12, 2020

We review new data on household debt in California.