The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Thus, the new SSMI will not need to conduct work related to onboarding new marketing firms at this time. SIB is also still in the exploratory phase of understanding which marketing and outreach efforts yield the highest results.
https://lao.ca.gov/Publications/Report/5035

COVID-19 and California’s Evolving Fiscal Outlook [Publication Details]

Mar 18, 2020 - In this installment of Fiscal Perspectives, Legislative Analyst Gabriel Petek offers some initial observations on the recent volatility in financial markets, palpably sharp reduction in economic activity, and the state’s fiscal position at the outset of the COVID-19 outbreak.
https://lao.ca.gov/Publications/Detail/4203

COVID-19 and California’s Evolving Fiscal Outlook

Mar 18, 2020 - Volatile Financial Markets Indicate Lower Capital Gains-Related Tax Revenue Taxes on capital gains are a significant source of state revenue. Even in “normal ” times, capital gains income is difficult to forecast because it correlates with stock market performance.
https://lao.ca.gov/Publications/Report/4203

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Many workers are still in low-wage jobs as they approach middle age. When a cohort of workers reaches their late thirties, their rate of low-wage work has declined by less than half since they were 25.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Although we assume that this does not apply to continuous variables, such as age, it still seriously limits the number of explanatory variables that we can include in addition to the two described above.
https://lao.ca.gov/Publications/Report/4878/4

California New Car Registrations: February 2025 [EconTax Blog]

Apr 8, 2025 - As a result, February registrations still were around the average level over the last couple of years. Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic.
https://lao.ca.gov/LAOEconTax/Article/Detail/826

California New Car Registrations: February 2025 [EconTax Blog]

Apr 8, 2025 - As a result, February registrations still were around the average level over the last couple of years. Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic.
https://lao.ca.gov/LAOEconTax/article/Detail/826

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - This wage gap is smaller than national estimates, though still substantial. Like the broad wage gap discussed above, the gender wage gap among California ’s low-wage workers does not appear to have changed much over the last couple of decades.
https://lao.ca.gov/Publications/Report/4878/3

Home Sales Update: December 2019 [EconTax Blog]

Jan 21, 2020 - The November estimate was revised upward from 25,700 to 26,400, which combined with the similar December total should ease concerns about the market continuing to weaken. Still, the slow pace of late 2018 and all of 2019 is consistent with recent evidence that the state’s population growth has slowed.
https://lao.ca.gov/LAOEconTax/Article/Detail/430

Updated "Big Three" Revenue Outlook [EconTax Blog]

Aug 21, 2023 - Even still, history suggests there is some risk that the current enthusiasm is overdone, especially among investors. For California, the dot-com boom offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/LAOEconTax/article/Detail/777