Economy

Fed Raises Its Key Interest Rate From Record Low Near Zero

The Fed coupled its first rate hike in nine years with a signal that further increases will likely be made slowly as the economy...
CalChamber Advocacy

CalChamber Board Votes to Oppose New Property Tax Initiative

Contact: Denise Davis SACRAMENTO, CA — The California Chamber of Commerce today announced that its Board of Directors has voted to oppose the Property Tax...
CalChamber Advocacy

CalChamber Board Votes to Oppose New Property Tax Initiative

The California Chamber of Commerce today announced that its Board of Directors has voted to oppose the Property Tax Surcharge to Fund Poverty Reduction...

8 CalChamber Members Creating Jobs with Help from California Competes Tax Credit

Eight California Chamber of Commerce member companies have been selected by the Governor’s Office of Business and Economic Development (GO-Biz) as recipients for the...
Job Creators

Fiscal Concerns Lead to Vetoes for Final Job Creator Bills

The Governor’s continued attention to fiscal prudence led to vetoes of two job creator bills that contained tax credits and a third job creator...
Job Creators

Governor Signs Job Creator Bill

A California Chamber of Commerce-supported job creator bill that provides employers with a limited opportunity to cure technical violations in an itemized wage statement...

Economic Advisory Council: Despite Drought, Challenges, California Continues Strong Economic Growth

Despite an ongoing drought and economic hurdles, California continues to enjoy strong overall economic growth, according to a recent report by the California Chamber...

CalChamber Board Votes to Oppose No Blank Checks Initiative

Contact: Denise Davis SACRAMENTO, CA — The California Chamber of Commerce today announced that its Board of Directors has voted to oppose the “No Blank...

Economic Advisory Council: California Economy Maintains Momentum as Ports Bounce Back, Tax Revenues Surge

California’s economy appears to be maintaining strong momentum through the first few months of 2015, even though the state’s economy continues to be  impacted...

Air Board Asks Courts to Create New Tax

In a landmark case before the Third District Court of Appeal, the California Air Resources Board (ARB) recently argued for creation of an unprecedented...

Governor Holds Steady on Prudent Spending Plan

Warning that a recession is inevitable, Governor Edmund G. Brown Jr. dampened spending expectations even as higher revenues have poured into state coffers. Overall, the...

State Economy Strengthens in Face of Port, Drought, Domestic Outmigration Challenges

California’s economy continues to power forward, with many of the Golden State’s largest and most important industries gaining momentum over the course of 2014,...

CalChamber in Court: Don’t Make One Employer Liable for Another’s Independent Contractor Misclassification

Also signing the brief in the case of Noe v. Superior Court were the U.S. Chamber of Commerce and the Civil Justice Association of...

CalChamber Member Companies Among Fortune Magazine’s 50 Best Workplaces​

Seven California Chamber of Commerce member companies have been ranked among the “50 Best Small and Medium-Size Companies to Work For” by Fortune magazine. Small...

Ports Increasingly Bustling Again After Tentative Labor Deal​

The seaports of the West Coast went from lagging to bustling over the weekend, a process that is expected to accelerate Monday in the...

Economic Shifts: Is California Unfriendly to Business?

Part IV in a series from the PPIC, California—State of Change conference Employment laws that go beyond targeting wrongdoers help fuel negative impressions of doing...

Economic Shifts: Housing Costs and the Three ‘T’s’

Part III in a series from the PPIC, California—State of Change conference Housing costs are one barrier to matching people with jobs, California Chamber of...

Economic Shifts: Is Higher Education Calibrated to Meet Workforce Needs?

Part II in a series from the PPIC, California—State of Change conference Children today don’t get an education about civics, yet capitalism is dependent upon...

Economic Shifts: Is the California Dream Back?

​Part I in a series from the PPIC, California—State of Change conference California Chamber of Commerce President and CEO Allan Zaremberg discussed economic shifts during...

CalChamber Joins Labor Commissioner, Labor to Launch Wage Theft Education Campaign

The California Chamber of Commerce joined California Labor Commissioner Julie A. Su and the California Labor Federation yesterday in announcing the start of a...