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.
U.S. retail sales (seasonally adjusted) declined 0.3 percent from April to May. Inflation-adjusted sales declined more.
California employers added 41,400 net jobs in April (seasonally adjusted), the smallest net gain in the past six months.
California employers added 60,200 jobs net jobs March (seasonally-adjusted), a 4.2 percent increase on an annual basis.
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 (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.”
California employers added 50,700 net jobs in December, representing annualized growth of 3.6 percent.
California income tax withholding collections in November were up nearly a third over last November.
The pace of California home sales is slowing, although it remains high by historical standards.
California home price growth slowed sharply in October, but is still up 21 percent over the past 12 months.
California firms raised $34.4 billion from venture capital funds in the third quarter, a new series record.
California builders recorded 8,254 permits in September, the lowest figure since February.
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 (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.
California builders recorded 9,676 permits in July, 5 percent above the same month in 2020.