March retail sales were nearly 10 percent above February and 28 percent above March 2020.
Californians continue to create new businesses at a strong clip.
California housing permits came in somewhat below last February's total as multifamily permits slipped.
While continued economic recovery can be seen on several fronts, many Californians remain out of work.
California employers added an estimated 141,000 jobs in February, the biggest net increase since June.
California home prices keep rising, and are now up nearly 11 percent over the past 12 months.
California home sales continue to run above their historical trend.
California income tax withholding collections to date in March are up 20.3 percent over last year, and collections to date in fiscal year 2020-21 are up 11.0 percent over 2019-20.
February gross revenue collections from the state’s three largest taxes were ahead of budget projections by $1.6 billion (14 percent).
Despite a decline of 3 percent from January, February retail sales were 6.5 percent above February 2020.
California builders recorded 9,288 housing permits in January, slightly above January 2020.
The pace of California business formation in February slowed from January, but remained ahead of last February.
Cannabis taxes raised $155 million in the second quarter of 2020-21.
February 2021 auction generates $647 Million in state revenue.
California home prices continue to soar, and are now more than 10 percent above the level of 12 months ago.