How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through February 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through February.
https://lao.ca.gov/LAOEconTax/Article/Detail/855

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through February 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through February.
https://lao.ca.gov/LAOEconTax/article/Detail/855

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through January 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through January.
https://lao.ca.gov/LAOEconTax/article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Figure 1 below shows the statewide number of new car registrations from January 2018 through January 2026. This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through January.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: November 2025 [EconTax Blog]

Jan 6, 2026 - For example, registrations in November 2025 were 8 percent lower than in November 2019.  
https://lao.ca.gov/LAOEconTax/Article/Detail/846

California New Car Registrations: November 2025 [EconTax Blog]

Jan 6, 2026 - For example, registrations in November 2025 were 8 percent lower than in November 2019.  
https://lao.ca.gov/LAOEconTax/article/Detail/846