Income Tax Withholding Tracker: September 1 - September 24 September 24, 2021

The California income tax withholding surge continues, as September collections to date are 23.5 percent above last September.


Home Sales Update: August 2021 September 24, 2021

The state recorded 37,275 home sales in August, slightly above the recent average for the month.


Home Prices Update: August 2021 September 23, 2021

California home prices are up 21.7 percent over 12 months, although the rate of growth slowed in August.


August 2021 Jobs Report September 17, 2021

California employers added 104,300 net new jobs in August, a strong showing despite the national slowdown.


U.S. Retail Sales Update: August 2021 September 17, 2021

U.S. retail sales (seasonally adjusted) grew 0.7 percent from July to August. Retail sales remain elevated due to 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.


California New Business Creation: July 2021 August 9, 2021

New business creation slowed in July, but still remained above the typical level for the month.


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.


California Venture Capital Funding, 1st Quarter 2021 June 10, 2021

California companies raised $30.1 billion of venture capital funding in the 1st quarter, a new record.


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. 


Why Are Unemployment Claims a Useful Economic Indicator? July 24, 2018

This post discusses why those interested in monitoring the state's economy should watch unemployment insurance claims.