California Economy and Taxes

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. 

U.S. Retail Sales Update: September 2020 October 16, 2020

Strong U.S. retail sales growth continued in September. Total sales January-September 2020 were just 1% below the same period in 2019. 

U.S. Retail Sales Update: August 2020 September 16, 2020

U.S. retail sales rose by 0.6 percent from July to August, making sales in August 2020 2.6 percent higher than sales in August 2019.

Card Spending Update: August 2020 September 11, 2020

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

U.S. Retail Sales: July 2020 August 14, 2020

U.S. retail sales in July 2020 were 2.7% higher than in July 2019.

California Household Debt Declines Slightly Amid Pandemic August 6, 2020

We summarize recent data on household debt in California. 

Using Card Spending Data to Track Taxable Sales July 31, 2020

We use data on credit card and debit card transactions in California to get a better sense of recent sales tax trends in California.

U.S. Retail Sales: June 2020 July 16, 2020

U.S. retail sales rose 8% from May to June, returning to 2019 level.

U.S. Retail Sales: May 2020 June 16, 2020

May 2020 U.S. retail sales show significant rebound from April decline. 

U.S. Retail Sales: April 2020 May 18, 2020

April 2020 U.S. retail sales data shows significant impact from COVID-19. 

A Look at Household Debt in California February 12, 2020

We review new data on household debt in California.