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New Business Creation by Sector May 27, 2021

New business formation has been especially high in the retail and transportation sectors over the past ten months. 


April 2021 Jobs Report May 21, 2021

California employers added an estimated 101,800 jobs in April, the third straight month over 100,000. 


Home Prices Update: April 2021 May 20, 2021

California home prices continue to soar, and are now up 12.5 percent over the past 12 months.


Home Sales Update: April 2021 May 19, 2021

California's home sales surge continues, as April's total was the second highest of any month since 2011.


The 2021-22 Budget: May Revenue Outlook May 17, 2021

This post provides commentary on our May Outlook revenues.


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.


Building Permits Update: March 2021 May 11, 2021

The state recorded nearly 12,000 housing permits in March, and nonresidential permit activity was surprisingly high.


Snapshot of the California Economy: March 2021 May 11, 2021

Following on strong February data, California’s economy posted another major uptick in March. 


California New Business Creation: April 2021 May 7, 2021

Californians continued to found new businesses at a strong clip in April.


March 2021 Jobs Report April 29, 2021

California employers added an estimated 119,600 net jobs in March.


Home Sales Update: March 2021 April 28, 2021

California home sales have been running well above their historical average for more than half a year now.


March 2021 State Tax Collections April 28, 2021

March collections from the state’s three largest taxes—the personal income tax, corporation tax, and sales tax—exceeded projections by $2.5 billion (30 percent).


Home Prices Update: March 2021 April 28, 2021

California home prices continue to surge, and are now up more than 11 percent over the past 12 months. 


Income Tax Withholding Tracker: April 1 - April 26 April 26, 2021

California income tax withholding collections to date in April are up 30.3 percent over April 2020, and collections to date in fiscal year 2020-21 are up 11.9 percent over 2019-20. 
 


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.