Renewed Talk about Sales Tax on Services Raises Concerns for California Business
Governor Gavin Newsom signed the state budget with a $21 billion surplus, but expressed his support for a new sales tax on services in...
California’s Private Economy Serves State Budget Bounty
Right on schedule, the California Legislature approved a $213 billion state budget – roughly twice the size of the budget adopted a decade ago...
Record Economic Expansion Near; Housing Costs Dampen State’s Dynamism
U.S. Outlook
Better Than Expected, But Not as Good as It Looks
The stock market sell-off that began at the end of 2018, combined with certain...
CalChamber Podcast: Go-Go Economy Fuels Record State Budget Surplus
Thanks to the hard work of employers and businesses, the state has seen excellent growth and is flush with revenue.
On this episode of The...
Robust State Budget, Key Programs Rely on Private Sector Success
Taxes continue to pour into the state treasury, like spring snowmelt into Lake Oroville. Thanks to the engine of California’s private economy – the...
CalChamber-Sponsored Bill to Protect Businesses from Predatory Lawsuits Passes
Legislation sponsored by the California Chamber of Commerce to help educate businesses and protect them from predatory lawsuits passed an Assembly committee last week with unanimous...
CalChamber Podcast: Taxes, Taxes and More Taxes
Even though California is enjoying its ninth straight year of economic growth and the state has a solid budget surplus and a brimming Rainy...
CalChamber Releases 2019 Job Killer List
The California Chamber of Commerce yesterday released its annual Job Killer list, which includes 24 bills that would harm California’s economic growth and job...
New Podcast Features Discussion of Legislative Changes Needed to Fix Privacy Law
The California Consumer Privacy Act (CCPA) is a sweeping privacy law that applies to businesses of all sizes across almost every industry. Up on...
U.S. Growth Pace Slowing, Housing Flat; State Solutions Require Urgency, Patience
Looking back, 2018 was clearly a solid year for the U.S. economy, with vastly more positives than negatives to reflect on. Acceleration in growth...
Carbon-Based Sales Tax Study Bill to Be Considered in Senate Committee
A California Chamber of Commerce-opposed-unless-amended bill that will increase costs and place regulatory burdens on businesses is scheduled to be heard in the Senate...
Budget Plan: Fiscal Stability Now, Future Search for New Funds
In his recently released state budget proposal, Governor Gavin Newsom made two important and supportive statements on California’s business and economic climate.
First, he reinforced...
Finance Director on State Budget: Extraordinary Times Punctuated by Uncertainty
We are in extraordinary times right now, but that is punctuated by a lot of uncertainty, California Finance Director Keely Martin Bosler commented yesterday...
Gavin Newsom Will Release His First California Budget Proposal Thursday. Here’s What We Know.
California Gov. Gavin Newsom will propose his first-ever state budget on Thursday, just three days after being sworn in and as the state continues...
28 CalChamber Member Companies Recognized as Best Places to Work in 2019
Twenty-eight California Chamber of Commerce member companies were chosen in a recent Glassdoor survey as some of the best places to work.
The Glassdoor survey...
Economic Advisory Council: Data Showing Balanced Growth Contrasts with Public Pessimism on State of...
The outlook for the U.S. economy hasn’t changed much over the course of 2018, despite the fact that the nation is on the edge...
CalChamber Poll: Job Optimism, Housing Anxiety, Support for Bipartisanship
California voters are feeling better about the economy, but are still anxious about the cost of living, according to the recently released 2018 CalChamber...
IRS Highlights Tax Changes Affecting Small Businesses
The Internal Revenue Service is urging small business owners to learn about how the new tax law changes may affect them.
The Tax Cuts and...
Study: One-Size-Fits-All Approach to Independent Contractors Ignores Value to California’s Economy
A wholesale reclassification of workers would have significant consequences for many different sectors in the state’s economy, according to a recent study by Beacon...
Economic Advisory Council: U.S Economic Expansion Continues, But Growth Surge May Be Temporary
Far from losing steam, the U.S. economy has been on a solid upswing lately. But as always, a deeper look at the data suggests...