California Economy and Taxes
 



U.S. Retail Sales Update: June 2021 July 16, 2021

U.S. retail sales (seasonally adjusted) grew 0.6 percent from May to June. Retail sales remain elevated due to dramatic growth in January and March.


U.S. Retail Sales Update: May 2021 June 15, 2021

U.S. retail sales dropped by 1.3% from April to May (seasonally adjusted), but sales remain elevated, with 14% growth over the last 6 months.


U.S. Retail Sales Update: April 2021 May 14, 2021

Nationwide retail sales, which grew very strongly in March, remained at a high level in April.


U.S. Retail Sales Update: March 2021 April 15, 2021

March retail sales were nearly 10 percent above February and 28 percent above March 2020. 


U.S. Retail Sales Update: February 2021 March 16, 2021

 Despite a decline of 3 percent from January, February retail sales were 6.5 percent above February 2020. 


U.S. Retail Sales Update: January 2021 February 17, 2021

U.S. retail sales grew 5.3% from December to January (seasonally adjusted)—the 4th-largest monthly increase since 1992.


Card Spending Update: January 2021 February 12, 2021

Credit/debit card data suggest CA taxable sales grew by 2% in January but the spending response to recent federal stimulus payments seemed to be weaker in CA than elsewhere. 


U.S. Retail Sales Update: December 2020 January 15, 2021

U.S. retail sales declined by 0.7% from November to December, but sales for the full year were 0.4% higher than 2019.


Card Spending Update: December 2020 January 14, 2021

Credit/debit card data suggest CA taxable sales dropped by 2% in December but remained higher than January 2020.


Card Spending Update: November 2020 December 16, 2020

Credit/debit card data suggest CA taxable sales continued to grow in November; spending now higher than January.


U.S. Retail Sales Update: November 2020 December 16, 2020

U.S. retail sales declined by 1% in November, but total sales Jan.-Nov. 2020 were slightly higher than Jan.-Nov. 2019. 


U.S. Retail Sales Update: October 2020 November 17, 2020

U.S. retail sales grew modestly in October. Total sales January-October 2020 were just 0.1% below January-October 2019.


Card Spending Update: October 2020 November 12, 2020

Credit/debit card data suggest CA taxable sales continued to grow in October but still remained slightly below January.


Card Spending Update: September 2020 October 19, 2020

Credit/debit card data suggest California taxable sales continued to grow in September but still remained somewhat below January.


California New Car Sales: August 2020 October 16, 2020

New vehicle registrations have rebounded from record lows in the spring, but remain below pre-recession levels.