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Limited Statewide Economic Impact of Drought April 14, 2015
This blog post responds to questions we receive regularly concerning the likely effect of the drought on the state's economy and tax revenues.
Bank Lending Surged in California in 2014 March 26, 2015
The Federal Reserve Bank of San Francisco recently released lending and other data for commercial banks headquartered in the West, including California, through the end of 2014.
Report: California's High Housing Costs: Causes and Consequences March 17, 2015
Our office's 44-page report, videos, and infographics on one of the state's most significant economic issues, housing costs.
Local Housing Facts March 17, 2015
This post provides metro specific summaries of our analyses from California’s High Housing Costs: Causes and Consequences.
A Look at Housing Markets Outside of California's Major Metros March 17, 2015
We provide data on housing markets in California communities outside of the state's major metro areas.
Renter Housing Costs Have Outpaced Owner Costs February 17, 2015
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.
2014 CA Price Inflation Above U.S., But Still Low February 7, 2015
Consumer price index (CPI) data for all of 2014 is now available.
New Governor's Budget Economic Forecast January 13, 2015
We compare key economic variables of the Brown Administration's new Governor's Budget plan forecast with those from recent LAO and administration projections.
Housing Costs Have Grown Faster Than Incomes December 17, 2014
Since 2002, on an inflation-adjusted basis, housing costs in California have grown faster than the total change in median household income.
Californians Spend More of Their Income on Housing December 17, 2014
Across the state, Californians spend more of their income on housing compared to residents in other states' metropolitan areas.
California Home Prices Rising Again December 16, 2014
2013 was the first year since 2006 in which California home prices increased significantly.
California Housing Construction Recovering Slowly December 16, 2014
Building permits for residential construction dropped sharply after the collapse of the housing bubble. They are recovering slowly.
Share of Consumer Income Spent on Taxable Goods Has Declined December 15, 2014
In recent decades, Californians have spent more of their income on housing, health care, and other services not subject to the state and local sales tax.
Poverty Higher in California Than in Rest of U.S. December 4, 2014
Particularly under a newer U.S. government poverty measure, the Research Supplemental Poverty Measure, California's poverty rate is much higher than that of the rest of the country.