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Income Tax Withholding Tracker: March 1 - March 29 March 30, 2021
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.
U.S. Retail Sales Update: February 2021 March 16, 2021
Despite a decline of 3 percent from January, February retail sales were 6.5 percent above February 2020.
Building Permits Update: January 2021 March 11, 2021
California builders recorded 9,288 housing permits in January, slightly above January 2020.
California New Business Creation: February 2021 March 4, 2021
The pace of California business formation in February slowed from January, but remained ahead of last February.
Home Prices Update: January 2021 February 23, 2021
California home prices continue to soar, and are now more than 10 percent above the level of 12 months ago.
Home Sales Update: January 2021 February 23, 2021
California homes continued to sell at a brisk pace in January.
Income Tax Withholding Tracker: February 1 - February 19 February 19, 2021
California income tax collections this month to date are 7.8 percent above last February, and cumulative collections since late March are up 6.4 percent over the same period in 2019-20.
4th Quarter 2020 Venture Capital Funding Report February 18, 2021
California firms continued to attract VC funding at a strong pace, with $17.4 billion of new commitments in the 4th quarter of 2020.
Why is Venture Capital Funding a Useful Economic Indicator? February 18, 2021
Venture capital is a key funding source for high technology startups and other young firms.
U.S. Retail Sales Update: January 2021 February 17, 2021
U.S. retail sales grew 5.3% from December to January (seasonally adjusted)—the 4th-largest monthly increase since 1992.
Card Spending Update: January 2021 February 12, 2021
Credit/debit card data suggest CA taxable sales grew by 2% in January but the spending response to recent federal stimulus payments seemed to be weaker in CA than elsewhere.
California New Business Creation: January 2021 February 4, 2021
California new business creation in January was up more than 50 percent over the same month in 2020.
3rd Quarter 2020 Personal Income Report February 4, 2021
California personal income stayed flat in the third quarter as transfer payments fell, although wages and salaries were up over 2019.
Snapshot of the California Economy: December 2020 February 4, 2021
December data was emblematic of the state’s uneven economic recovery from the pandemic.
Building Permits Update: December 2020 February 4, 2021
California recorded 11,611 housing permits in December, by far the biggest monthly total in 2020.