Building Permits Update: June 2020 [EconTax Blog]

Aug 4, 2020 - While this was the most permits the state has recorded since March, it was the lowest June total since 2014, showing the continued impact of the COVID-19 pandemic. The multifamily housing permit total of 2,745 was the lowest figure yet in 2020 and less than half the June average over the previous five years.
https://lao.ca.gov/LAOEconTax/Article/Detail/512

Weekly Unemployment Claims Update: September 20 - September 26 [EconTax Blog]

Oct 2, 2020 - Benefit payments from the federal Lost Wages Assistance program, which allows states to temporarily increase weekly benefits by $300, were paid out for the third time last week. The state distributed roughly $900 million in federal benefits under this program during the week ending September 26.
https://lao.ca.gov/LAOEconTax/Article/Detail/555

The 2020-21 Budget: Governor’s Proposal to Transfer the Seismic Safety Commission

Feb 12, 2020 - For example, OES prepares the state ’s Hazard Mitigation Plan, which identifies the main types of disaster risks facing the state —such as earthquakes —and proposes strategies for mitigating these risks.
https://lao.ca.gov/Publications/Report/4158

Federal Stimulus Funds for Transit

Apr 15, 2020 - Also, State Transit Assistance is the state ’s largest funding program for transit and is funded by the sales tax on diesel. The magnitude of the decline in these tax revenues is uncertain, but any significant decline may be consequential for many transit agencies that rely on this fund source.
https://lao.ca.gov/Publications/Report/4220

Weekly Unemployment Claims Update: September 27 - October 3 [EconTax Blog]

Oct 9, 2020 - Benefit payments from the federal Lost Wages Assistance program, which allows states to temporarily increase weekly benefits by $300, were paid out for the fourth and fifth time last week. As shown in the figure, the state distributed roughly $1.5 billion in federal benefits under this program during the week ending October 3.
https://lao.ca.gov/LAOEconTax/Article/Detail/560

California New Business Creation: November 2020 [EconTax Blog]

Dec 10, 2020 - California New Business Creation: November 2020 [EconTax Blog] California New Business Creation: November 2020 December 10, 2020 Brian Uhler The extent of new business creation in California can be an important gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/594

Weekly Unemployment Claims Update: April 12-April 18 [EconTax Blog]

Apr 23, 2020 - Level of Claims in California in the Middle of the Pack Among Large States. Over the last three weeks California has processed about 3.4 million unemployment claims. These claims represent about 17 percent of the state ’s workforce.
https://lao.ca.gov/LAOEconTax/Article/Detail/457

State Spending on Wildfire Prevention and Mitigation [Publication Details]

Oct 20, 2020 - State Spending on Wildfire Prevention and Mitigation [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4282

California New Business Creation: January 2021 [EconTax Blog]

Feb 4, 2021 - California New Business Creation: January 2021 [EconTax Blog] California New Business Creation: January 2021 February 4, 2021 Justin Garosi The extent of new business creation in California can be a useful gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/621

Building Permits Update: December 2020 [EconTax Blog]

Feb 4, 2021 - Single family activity has rebounded strongly since the pandemic-driven spring slump, as prices have been rising in most of the state ’s metropolitan areas. Multifamily permit activity broke out in December, as total of 6,394 was more than half again as large as the next biggest month in 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/618