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U.S. retail sales dropped by 1.3% from April to May (seasonally adjusted), but sales remain elevated, with 14% growth over the last 6 months.
California companies raised $30.1 billion of venture capital funding in the 1st quarter, a new record.
New business creation in California continues to run well ahead of typical levels.
California builders recorded nearly 11,000 housing permits in April, more than double last April's total.
California income tax withholding in May was 29.4 percent above last May, when serious pandemic restrictions were in effect.
New business formation has been especially high in the retail and transportation sectors over the past ten months.
California employers added an estimated 101,800 jobs in April, the third straight month over 100,000.
California home prices continue to soar, and are now up 12.5 percent over the past 12 months.
California's home sales surge continues, as April's total was the second highest of any month since 2011.
Nationwide retail sales, which grew very strongly in March, remained at a high level in April.
The state recorded nearly 12,000 housing permits in March, and nonresidential permit activity was surprisingly high.
Following on strong February data, California’s economy posted another major uptick in March.
Californians continued to found new businesses at a strong clip in April.
California employers added an estimated 119,600 net jobs in March.
California home sales have been running well above their historical average for more than half a year now.