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2017 May Revision: Background on Revenue Issues May 24, 2017
We provide additional detail on several key revenue issues in the May Revision, including administration estimates of capital gains and Proposition 30 revenues.
Sales Tax Exemption for Manufacturing and R&D Equipment: An Update March 3, 2017
On March 1, 2017, BOE reported that taxpayers claimed an estimated $165 million of these tax exemptions in 2016—a 6% increase from 2015.
September 2016 Jobs Report November 5, 2016
We discuss data from the September 2016 state and metro area jobs report, most of which was released during the month of October.
Equipment Sales Tax Exemption Falls Short of Projection August 25, 2015
We discuss new data on forgone state General Fund revenue resulting from the partial sales tax exemption on certain sales of manufacturing and R&D equipment.
2014 GDP Growth: California Outperforms Nation June 26, 2015
2014 California GDP growth outpaced the nation's in most economic sectors.