New Governor's Budget Economic Forecast January 13, 2015

We compare key economic variables of the Brown Administration's new Governor's Budget plan forecast with those from recent LAO and administration projections.


Housing Costs Have Grown Faster Than Incomes December 17, 2014

Since 2002, on an inflation-adjusted basis, housing costs in California have grown faster than the total change in median household income.


Californians Spend More of Their Income on Housing December 17, 2014

Across the state, Californians spend more of their income on housing compared to residents in other states' metropolitan areas.


California Home Prices Rising Again December 16, 2014

2013 was the first year since 2006 in which California home prices increased significantly.


California Housing Construction Recovering Slowly December 16, 2014

Building permits for residential construction dropped sharply after the collapse of the housing bubble. They are recovering slowly.


Share of Consumer Income Spent on Taxable Goods Has Declined December 15, 2014

In recent decades, Californians have spent more of their income on housing, health care, and other services not subject to the state and local sales tax.


Poverty Higher in California Than in Rest of U.S. December 4, 2014

Particularly under a newer U.S. government poverty measure, the Research Supplemental Poverty Measure, California's poverty rate is much higher than that of the rest of the country.