Economy

Legislative Analyst Takes First Look at Coronavirus Impact on State Budget

Economic uncertainty due to the coronavirus (COVID-19) pandemic will create logistical and financial challenges for the state budget, the state Legislative Analyst commented this...

No Slowdown Before the Election Hoedown

U.S. Economic Outlook This year’s Lunar New Year ushered in the Year of the Rat on the Chinese calendar. The past year, the Year of...
Ballot

CalChamber Takes Position on November Ballot Measures

The California Chamber of Commerce Board of Directors has taken the following positions on upcoming ballot measures: SUPPORT: Reducing Crime and Keeping California Safe Act...

California’s International Trade Makes Nominal Gains in Last Quarter of 2019

Exports of California-made products edged up slightly in December, according to Beacon Economics’ analysis of the latest U.S. trade statistics released by the U.S....

First Entries on 2020 Job Killer List Similar to Previous Failed Proposals

Yesterday, the California Chamber of Commerce named two recently introduced bills as 2020 job killers. The bills are very similar to prior versions also identified...

CalChamber Job Killer Update: SB 850, SB 873 Tagged as 2020 Job Killers

The California Chamber of Commerce today announced that two recently introduced bills will be on its upcoming 2020 Job Killer list.  These bills are very...

Job Killer Update: 10 Bills Stopped, 2 Bills Advance

Ten California Chamber of Commerce job killer bills carried over from last year’s legislative session are dead for the year after missing a key...

Can Californians Afford California? -Part 2

The first half of this commentary ran yesterday. To read part one of the commentary, visit https://advocacy.calchamber.com/2020/01/27/can-californians-afford-california/. Housing California’s infamous housing crisis lies at the center...

Can Californians Afford California?

By many important measures, California has never been better off. Our state enjoys unprecedented wealth, employment and health. Our economy created 3.4 million jobs in...

Job Killer, CalChamber-Opposed Bills Stall Ahead of Key Legislative Deadline

A California Chamber of Commerce job killer bill that expands rent control and discourages housing production has stalled in the Assembly and is likely...

Two Job Killers Imposing Targeted Taxes Stalled

Two California Chamber of Commerce job killer carryover bills imposing new taxes have stalled in the Senate, the house in which they were introduced...

USMCA Passes Senate, Awaits President Trump’s Signature

The U.S.-Mexico-Canada Agreement (USMCA) passed the U.S. Senate this morning and the deal is now awaiting President Donald J. Trump’s signature. California Senator Dianne Feinstein...

California Economy Remains Strong; Finance Director Outlines Investment Objectives in Governor’s Budget

California is now into the 11th year of the U.S. economic recovery and all of the state’s economic vitals continue to be strong, state...

CalChamber Renews Fight Against Five Job Killer Bills

Legislators Moving Forward with Previously Stalled Proposals The California Chamber of Commerce today announced it is continuing the battle against five job killer bills that...

CalChamber Renews Fight Against Five Job Killer Bills

Legislators Moving Forward with Previously Stalled Proposals The California Chamber of Commerce today announced it is continuing the battle against five job killer bills that...

U.S., State Economies Show Steady Growth; Political Rhetoric Disconnected from Reality

The Great Un-Recession When we look back at 2019 there will be plenty of negative memories—from the theatrics that have dominated national politics to the...
Ballot

CalChamber Board Votes to Support School Infrastructure Bond, Oppose Split Roll Ballot Measure

The California Chamber of Commerce Board of Directors recently voted to support a ballot measure that would help finance school facilities, and oppose another...
Ballot

CalChamber Board Votes to Support School Infrastructure Bond, Oppose Split Roll Ballot Measure

The California Chamber of Commerce Board of Directors recently voted to support a ballot measure that would help finance school facilities, and oppose another...

Tourism Sector Up: Visitors Spend Record $140 Billion on Travel in California

For the ninth year in a row, California's travel and tourism economy surged, adding $79 billion to the state's gross domestic product (GDP). Visit California's...
Job Creators

Governor Signs Job Creator Bill Helping Disaster Victims

Governor Gavin Newsom signed a California Chamber of Commerce-supported job creator bill earlier this month that will help California businesses rebuild after disasters. SB 601...