Economy

To ‘V’ or Not to ‘V,’ That is the Question…

The COVID-19 induced recession of 2020 began with the ferocity of an unexpected tsunami smashing onto the shore—one month the economy was fine, the...

California’s Riddling Business Climate

As the clock struck midnight on August 31, one of the most unpredictable legislative sessions in California history came to a close. On the...

California’s Export Trade Resurgent in Latest Numbers

Below are excerpts from Beacon Economics’ monthly California Trade Report, which analyzes data released by the U.S. Census Bureau’s Foreign Trade Division and pinpoints...

Census Deadline Approaches

The unremitting pandemic and economic crises of 2020 have overshadowed what would normally have been a dominant event of community action: the decennial census....

Legislature Fumbles Chance to Boost Economic Recovery

The California Legislature fumbled a chance to boost economic recovery in the state by choosing the easy path: business-as-usual. Facing the three horsemen of the...

Strong Campaign Needed to Stop Proposition 15 Split Roll Tax Proposal

The California Chamber of Commerce and a coalition of business and taxpayer groups are leading a strong effort to defeat the split roll property...

Job Killer Bill Update: One Stalled, Others Moving

Legislation that will kill thousands of high-paying jobs narrowly failed to pass a Senate policy committee this week. Last week, the California Chamber of...

The People’s Voice: Coronavirus Edition

California voters are understandably anxious about the health and economic crises facing families and workplaces. The California Chamber of Commerce commissioned a brief survey...

How to Sabotage a Recovery: Raise Taxes

Even before COVID-19, many Californians were struggling with the high cost of living here. The long-time willingness of many Californians to pay the “sunshine...

New Job Killer Bill Increases Taxes on Small Business During Economic Crisis

A bill that will impose a massive retroactive tax increase on California’s small businesses and taxpayers has been added to the California Chamber of...

More Time to Apply for Paycheck Protection Program Loans

New Deadline: August 8, 2020 Legislation signed by the President last weekend extends the deadline to apply for Paycheck Protection Program (PPP) loans to August...

Struggling Businesses Face Billions in Increased Taxes

2020’s recipe has proven to be equal parts unpredictable and incalculable with a heaping helping of calamity and lest we forget the generous scoop...

Signed Budget Package Raises Taxes, Awaits Action by Congress

Governor Gavin Newsom signed 20 bills on Monday that established and implemented the 2020–21 state budget. Even after enacting hundreds of pages of new...

New Job Killer Bill Would Devastate Small Employers in California

A bill requiring that all employers provide 12 weeks of protected family leave and includes a private right of action has been labeled a...

CalChamber Adds SB 1383 (Jackson) to Job Killer List

Proposal Will Devastate Small Business in California The California Chamber of Commerce today announced that SB 1383 (Jackson; D-Santa Barbara) has been identified as a...

Tourism Industry Preparing Itself for Recovery

The COVID-19 crisis has snuffed out 10 years of economic growth in California’s travel and tourism industry. The fallout from this crisis is not...

Key to Re-Opening Economy – Liability Protection

As businesses throughout the state start to re-open, there is a looming question as to whether it is safe. Consumers want to resume a...

Post-COVID-19 Economy: Case for the ‘V’

Overview: Is Hysteria the New Normal? The good news is that the number of new, confirmed cases of the coronavirus in the United States has,...

Too Soon for Taxes in State Budget

Despite facing a June 15 deadline to pass a state budget, Governor Gavin Newsom and legislative leaders are, prudently, deferring a number of major...

CalChamber Board of Directors Votes to Support The Protect App-Based Drivers and Services Act...

The California Chamber of Commerce today announced that it is in support of The Protect App-Based Drivers and Services Act Initiative following a vote...