California Economy and Taxes
 
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May 2022 Jobs Report June 20, 2022

California businesses added 42,900 net jobs in May (seasonally adjusted), about the same as April and another month of slower job growth than seen in the past year.

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U.S. Retail Sales Update: May 2022 June 15, 2022

U.S. retail sales (seasonally adjusted) declined 0.3 percent from April to May. Inflation-adjusted sales declined more.

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April 2022 Jobs Report May 20, 2022

California employers added 41,400 net jobs in April (seasonally adjusted), the smallest net gain in the past six months. 

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March 2022 Jobs Report May 11, 2022

California employers added 60,200 jobs net jobs March (seasonally-adjusted), a 4.2 percent increase on an annual basis. 

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California New Business Creation: February 2022 March 16, 2022

February 2022 business formation data shows that new business creation is retuning to long-term average levels after growing at a faster pace in late 2020 and throughout 2021. 

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U.S. Retail Sales Update: February 2022 March 16, 2022

U.S. retail sales (seasonally adjusted) grew 0.3 percent from January to February. Retail sales have been elevated after growing dramatically in early 2021, but inflation has offset much of the past year’s apparent “growth.” 

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December 2021 Jobs Report January 24, 2022

California employers added 50,700 net jobs in December, representing annualized growth of 3.6 percent. 

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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.

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Home Sales Update: October 2021 November 30, 2021

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

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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.

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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.

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Building Permits Update: September 2021 November 1, 2021

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

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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.

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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.

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Building Permits Update: July 2021 September 7, 2021

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