U.S. Retail Sales Update: December 2021 January 14, 2022

U.S. retail sales (seasonally adjusted) dropped 1.9 percent from November to December. Nonetheless, sales remained 17 percent above last December. 


U.S. Retail Sales Update: November 2021 December 15, 2021

U.S. retail sales (seasonally adjusted) grew 0.3 percent from October to November. Retail sales have been elevated throughout 2021 following dramatic growth in January and March. 


Income Tax Withholding Tracker: November 1 - November 30 November 30, 2021

California income tax withholding collections in November were up nearly a third over last November.


Home Sales Update: October 2021 November 30, 2021

The pace of California home sales is slowing, although it remains high by historical standards.


October 2021 Jobs Report November 19, 2021

California employers added 96,800 net jobs in October, the highest monthly figure since July.


California New Business Creation: October 2021 November 19, 2021

The pace of new business creation in the state remains slower than in 2020 but faster than in most previous years.


Home Price Update: October 2021 November 18, 2021

California home price growth slowed sharply in October, but is still up 21 percent over the past 12 months.


California Venture Capital Funding, 3rd Quarter 2021 November 5, 2021

California firms raised $34.4 billion from venture capital funds in the third quarter, a new series record.


Building Permits Update: September 2021 November 1, 2021

California builders recorded 8,254 permits in September, the lowest figure since February.


Home Prices Update: September 2021 October 20, 2021

Californa home prices grew by 1.37 percent in September, the lowest figure since March but still high by historical standards.


U.S. Retail Sales Update: September 2021 October 15, 2021

U.S. retail sales (seasonally adjusted) grew 0.7 percent from August to September. Retail sales remain at the elevated level that has persisted following dramatic growth in January and March.


Building Permits Update: July 2021 September 7, 2021

California builders recorded 9,676 permits in July, 5 percent above the same month in 2020.


1st Quarter 2021 Personal Income Report June 28, 2021

California personal income rose 9.3 percent in the first quarter, mostly reflecting federal stimulus payments.


New Business Creation by Sector May 27, 2021

New business formation has been especially high in the retail and transportation sectors over the past ten months. 


Why Are Home Sales a Useful Economic Indicator? August 23, 2018

This post discussed why those interested in monitoring the state's economy should watch home sales.