Tags
- Economic Indicators
- Personal Income Tax
- Revenue Tracking
- State Revenues
- Sales and Use Tax
- Housing
- Jobs
- Corporation Tax
- Unemployment
- COVID-19
- Economic Forecasts
- Home Prices
- Bay Area
- Monthly California Jobs Report
- Consumer Spending
- L.A.
- Home Sales
- Latest Economic Indicators
- 2015-16 State Budget
- Silicon Valley
- 2016-17 State Budget
- 2017-18 State Budget
- Property Tax
- CalFacts
- Local Government
- Inland Empire
- State Comparisons
- Central Valley
- Incomes
- San Diego
- Construction
- Orange County
- Cap-and-Trade
- Kern County
- Imperial County
- Business Creation
- Sacramento
- Personal Income
- Revenue Volatility
- Capital Gains
- Technology
- Cannabis
- Proposition 30
- Poverty
- Demographics
- North State
- 2018-19 State Budget
- Property Tax Blog Series
- Fresno
- Inflation
- Agriculture
- Trade
- International
- EITC
- Great Recession
- Venture Capital
- Minimum Wage
- 2016 May Revision
- Minimum Wage Blog Series
- FTB
- Central Coast
- Tax Expenditures
- Manufacturing
- Oil
- GDP
- Proposition 2 (2014)
- Film and TV
- Cigarette and Tobacco Taxes
- 2017 May Revision
- Debt
- 2020-21 State Budget
- Proposition 13
- 2019-20 State Budget
- Litigation
- Credit
- Federal Spending
- Health Care
- Wealth
- LAOEconTax Blog Notes
- Federal Reserve
- Marijuana
- Drought
- Coincident Index
- BOE
- Unclaimed Property
- Wage Growth
- Federal Tax Policy
- Insurance Tax
- Proposition 56 (2016)
- Lake Tahoe
- Alcohol Taxes
- Energy
- Voters
- Redevelopment
Quick Links
- LAO Economics & Tax Staff and Publications
- Monthly Department of Finance (DOF) Bulletins
- DOF Research Units
- EDD Labor Market Info
- FTB Reports and Stats
- BOE Research
- Bureau of Economic Analysis
- Bureau of Labor Statistics
- UCLA Anderson Forecast
- All Articles Latest Economic Indicators
U.S. Retail Sales Update: December 2022 January 18, 2023
U.S. retail sales (seasonally adjusted) declined 1.1 percent from November to December. The two-month decline was 2.1 percent. In the last 30 years, two-month drops of at least 2 percent have happened around recessions.
Updated 2022-23 "Big Three" Revenue Outlook January 13, 2023
Based on the most recent revenue and economic data, we currently estimate that collections from the state’s “big three” taxes—personal income, sales, and corporation taxes—are likely to fall below the Governor's Budget assumption of $200 billion in 2022-23.
U.S. Retail Sales Update: November 2022 December 15, 2022
U.S. retail sales (seasonally adjusted) declined 0.6 percent from October to November.
U.S. Retail Sales Update: October 2022 November 16, 2022
U.S. retail sales (seasonally adjusted) grew 1.3 percent from September to October.
June 2022 Jobs Report July 25, 2022
California businesses added 19,900 jobs in June, about half as much as recent months and the slowest gain since last September.
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.
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.
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.
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.
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.”
December 2021 Jobs Report January 24, 2022
California employers added 50,700 net jobs in December, representing annualized growth of 3.6 percent.
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.
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.