The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Amid these conditions, California businesses have pared back hiring, resulting in no payroll job growth in the state so far this year. California consumers similarly are limiting spending, with sales of taxable goods flat over the last year.
https://lao.ca.gov/Publications/Report/5091

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - One potential interpretation is that the state is making high risk-high reward bets on businesses. While many of these bets do not pan out, the ones that do can be successful enough to yield overall benefits for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

^[PDF] Proposition 27: Allows Online and Mobile Sports Wagering Outside Tribal Lands. Initiative Constitutional Amendment and Statute.

The increase would depend mostly on how sports betting is regulated—such as the number of sports betting licenses approved, the type and number of betting options and events offered, and how much state enforcement is done.
https://lao.ca.gov/handouts/crimjust/2022/Prop-27-081022.pdf

^[PDF] Proposition 26: Allows In-Person Roulette, Dice Games, Sports Wagering on Tribal Lands. Initiative Constitutional Amendment and Statute.

Increased State Regulatory Costs „ Increased state costs for state agencies (such as DOJ) to regulate in-person sports betting, possibly reaching the low tens of millions of dollars annually. These costs would depend mostly on how sports betting is regulated, such as what types of bets are not allowed. „ Some or all of these costs would be offset by CSWF revenues and tribal payments to the state that do not go into the CSWF.
https://lao.ca.gov/handouts/crimjust/2022/Proposition-26-081022.pdf

Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog]

Jun 24, 2025 - Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog] Early Data Revision Shows No Job Creation During 2024 Q4 June 24, 2025 Chas Alamo Monthly State Jobs Estimates Are Revised Annually.  
https://lao.ca.gov/LAOEconTax/article/Detail/833

Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog]

Jun 24, 2025 - Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog] Early Data Revision Shows No Job Creation During 2024 Q4 June 24, 2025 Chas Alamo Monthly State Jobs Estimates Are Revised Annually.  
https://lao.ca.gov/LAOEconTax/Article/Detail/833

Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog]

Dec 16, 2024 - Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog] Data Revisions Shows Monthly Survey Again Overstating Job Growth December 16, 2024 Chas Alamo Monthly State Jobs Estimates Are Revised Annually.  
https://lao.ca.gov/LAOEconTax/Article/Detail/818

Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog]

Dec 16, 2024 - Data Revisions Shows Monthly Survey Again Overstating Job Growth [EconTax Blog] Data Revisions Shows Monthly Survey Again Overstating Job Growth December 16, 2024 Chas Alamo Monthly State Jobs Estimates Are Revised Annually.  
https://lao.ca.gov/LAOEconTax/article/Detail/818

Online sports wagering. [Ballot]

Oct 20, 2021 - This tax is applied to the amount a person bets. Additionally, the measure authorizes DOSBC to take va rious enforcement actions, including requiring people making such bets to register with DOSBC, requiring entities illegally offering online sports wagering to disclose the names of people who make wagers with them, and blocking access to illegal sites accepting sports wagers.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

California's Private-Sector Labor Market Showing Broad Weakness [EconTax Blog]

Jul 1, 2024 - The state's modest job growth over the past two years is a tale of two labor markets. Hiring in public and publicly supported sectors has bouyed job losses in many of the state's high-paying private sectors. While job losses have hit California, nationally these private-sector industries are faring much better.
https://lao.ca.gov/LAOEconTax/Article/Detail/806