Economy

California Economy: Still Outpacing the Nation

California has a lot to crow about. In the last four years the state has accelerated to become one of the fastest growing in...

Property Tax Hike Initiative Won’t Be on November Ballot

Proponents of a California Chamber of Commerce-opposed plan to increase taxes on commercial property to fund poverty reduction programs have called off efforts to...

Gov. Brown Urges Caution In State Of State Speech

Gov. Jerry Brown urged fiscal caution Thursday in his State of the State address, calling for lawmakers to beef up California's rainy day fund...
Allan Zaremberg

California Must Address Our Uneven Recovery

Cross posted in The Sacramento Bee Gov. Jerry Brown has proposed a state budget brimming with new revenues, but carefully socking part of the surplus...

Federal Unemployment Insurance Taxes: California Employers Paying More

California employers can expect a higher federal unemployment insurance (UI) tax bill when it arrives this month. This year will be the sixth in a...

Finance Director Provides CalChamber Members with Overview of Governor’s Proposed 2016-17 Budget

California Department of Finance Director Michael Cohen yesterday provided CalChamber luncheon forum attendees with an overview of the Governor’s proposed 2016–17 budget. Highlights of...

Governor Urges Restraint in Proposed Fiscal Plan

Emphasizing his commitment to fiscal prudence, Governor Edmund G. Brown Jr. yesterday proposed a $171 billion state balanced budget with no new general taxes...

State Job Growth Outpaces Nation; Inland Lags Behind Tech-Driven Coastal Areas

The state’s economic recovery has been extremely uneven, with the strongest growth coming along the coast, particularly in areas benefiting from the state’s leading...

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...

California Launches Campaign to Educate Individuals About State Earned Income Tax Credit

A coalition of California leaders—including community, faith, civic, labor and business leaders—yesterday launched CalEITC4me, a statewide campaign to ensure the first-ever California Earned Income...

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...

CalChamber Steers Helpful Bills into Law, Stops Costly Mandates, Secures Changes

The 2015 legislative year was very active in the labor and employment policy arena. Overall, the California Chamber of Commerce was very successful with...
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...

Senate Judiciary Committee to Hear Job Killer Bill Today

A job killer bill that could significantly drive up litigation costs for all California employers, if enacted, will be considered by the Senate Judiciary...

California Newspapers, Associations Oppose Job Killer Undermining Prop. 13

Two California newspapers editorialized over the weekend opposing SCA 5, a job killer bill that seeks to undermine the protections of Proposition 13 by...