Economy

Loren Kaye

California’s Challenge: Transforming Crisis to Opportunity

For much of our history, California was the land of opportunity because we were opportunistic. Whether by luck, agility or careful planning, we leveraged...

Governor’s Recovery Plan to Add $575 Million to Small Business Grant Program

Yesterday, Governor Gavin Newsom released a preview of his budget plan to help California businesses recover from the COVID-19 pandemic. The Governor’s Equitable Recovery for...

State Finance Director to Review Governor’s 2021 California Budget in Free Webinar

Finance Director Keely Martin Bosler will be outlining Governor Gavin Newsom's 2021 budget priorities in an online webinar presented by the California Chamber of...

State Fund Offers Low-Interest, Short-Term Loans to Help Small Businesses

The California Rebuilding Fund is offering flexible, affordable loans and free advisory services to small businesses impacted by the COVID-19 health and economic crisis....

Applications Open for Small Business Hiring Tax Credit

The California Department of Tax and Fee Administration (CDTFA) began accepting applications today for a small business hiring credit against California state income taxes...
CalChamber Advocacy

Prop. 15 Fails: Voters Reject Largest Tax Hike in California History

Proposition 15, the largest property tax increase in California history, was declared defeated yesterday evening by a margin of more than 550,000 votes. The...

Vote No on Prop 15: 30 Newspapers Across California Reject Prop 15

In a show of force, 30 newspapers across California have urged their readers to vote no on Proposition 15, the $12.5 billion-a-year property tax...

Free Resiliency Webinars to Give Businesses Tools to Prepare for Disasters

A new pilot webinar designed to help businesses prepare for and mitigate impacts from disasters—such as wildfires, power shut-offs and COVID-19—kicks off tomorrow, October...

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...
Blueprint for a Safer Economy

New COVID-19 County Health Equity Requirement Begins Tomorrow

In an effort to reduce COVID-19 transmission across all of California’s communities, starting tomorrow, October 6, 2020, the more populous counties will need to...

California Aims to Phase Out New Gas-Powered Vehicles by 2035

Governor Gavin Newsom yesterday issued an executive order that directs the state to require that all new cars and passenger trucks sold within California...
CalChamber Advocacy

CalChamber Statement on Governor’s Executive Order Phasing Out Gasoline-Powered Cars

The California Chamber of Commerce has issued the following statement in response to Governor Gavin Newsom's executive order on climate change policy, including phasing...

Ads Highlight Problems with Prop. 15 Split Roll

With just weeks remaining before the November 3 general election, the broad-based campaign opposing Proposition 15 is highlighting reasons to vote against the split...

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 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....
Loren Kaye

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...