Snapshot of the California Economy: November 2020 January 12, 2021

After October data suggested a somewhat surprising jump in economic activity, November data returned to the late summer pattern of a slow recovery.  

Building Permits Update: November 2020 January 12, 2021

California recorded 8,368 housing permits in November, slightly above both the October level and the 2020 monthly average.

California New Business Creation: December 2020 January 8, 2021

The pace of new business creation in California moderated in December, but remained ahead of 2019.

Income Tax Withholding Tracker: December 1 - December 23 December 23, 2020

California income tax withholding in December to date is up 19 percent from 2019, and collections since March 23 are up 5 percent.

Home Prices Update: November 2020 December 22, 2020

California home prices continue to surge, and are now up an average of 9% over last November.

Home Sales Update: November 2020 December 22, 2020

California home sales were well above the 2019 level for the fifth straight month.

November 2020 Jobs Report December 18, 2020

California employers added 57,100 jobs in November, the smallest increase since the economy started to recover.

Card Spending Update: November 2020 December 16, 2020

Credit/debit card data suggest CA taxable sales continued to grow in November; spending now higher than January.

U.S. Retail Sales Update: November 2020 December 16, 2020

U.S. retail sales declined by 1% in November, but total sales Jan.-Nov. 2020 were slightly higher than Jan.-Nov. 2019. 

California New Business Creation: November 2020 December 10, 2020

New business creation remained well above historical norms in November, despite slowing a bit relative to recent months. 

Building Permits Update: October 2020 December 7, 2020

California recorded about 8,000 housing permits in October, with single units accounting for more than 70 percent of the total.

Snapshot of the California Economy: October 2020 December 4, 2020

Economic data suggest the state’s economy showed promising improvement in October, but this one-month uptick should be viewed with some caution. 

Home Sales Update: October 2020 November 24, 2020

California home sales have rebounded strongly from spring slump.

October 2020 Jobs Report November 21, 2020

California recovered 145,000 jobs in October.

Income Tax Withholding Tracker: November 16 - November 20 November 20, 2020

Income tax withholding this week kept pace with the same week in 2019, and collections since late March are 3.5 percent above 2019.