Economy

2023 Job Killers

Job Killer AB 68 Would Exacerbate Housing Crisis, Eliminate Construction Jobs

A bill that quashes housing was tagged yesterday as a job killer by the California Chamber of Commerce. AB 68 (Ward; D-San Diego) worsens...
CalChamber Advocacy

CalChamber Tags AB 68 as a Job Killer

Proposal Would Exacerbate Housing Crisis, Eliminate Construction Jobs SACRAMENTO, CA – The California Chamber of Commerce today announced that AB 68 (Ward; D-San Diego), a...
Job Creators

CalChamber Names Flexible Work Schedule Bill as Job Creator

Legislation making it easier to set up flexible work schedules has been named a job creator by the California Chamber of Commerce. SB 703 (Niello;...

US Government Moves to Stop Potential Banking Crisis

The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring all depositors...
Trade Exports Global

Biden Administration Releases Trade Policy Priorities for 2023

Biden Administration Releases Trade Policy Priorities for 2023 This week the U.S. Trade Representative submitted to Congress the Biden administration’s trade policy agenda for 2023...

Don’t Treat California as a ‘Luxury Good’

The Golden State has enjoyed as much prosperity and created as much wealth as any society on the planet. Its economic output rivals Germany and...
Job Creators

CalChamber Announces SB 592 as First 2023 Job Creator Bill

The California Chamber of Commerce today announced that SB 592 (Newman; D-Fullerton) is the first job creator bill of the year. The bill is...
Gas Pumps

Newsom’s Oil Profit Penalty Plan Could Face Tough Slog in Legislature

A proposal from Governor Gavin Newsom to impose a “price-gouging penalty” on oil companies in response to record gas prices last year received a...
2023 Job Killers

CalChamber Announces First 2023 Job Killer: Proposed Oil Tax Would Devastate Vital California Industry,...

The California Chamber of Commerce today announced on Tuesday, February 14, 2023, that SBX1 2 (Skinner; D-Berkeley) has been placed on the 2023 Job...
CalChamber Advocacy

CalChamber Announces First 2023 Job Killer: Proposed Oil Tax Would Devastate Vital California Industry;...

The California Chamber of Commerce today announced that SBX1 2 (Skinner; D-Berkeley) has been placed on the 2023 Job Killer List. SBX1 2 proposes to...
Port of Long Beach

2022 California Exports Reach Record High

Trade statistics released this month by the U.S. Department of Commerce show that California remained a top exporting state in 2022. California exports reached a...
Recycling Compliance

CalChamber Webinar to Explain Complex California Recycling Laws

The CalChamber will be hosting a webinar explaining all the recycling compliance mandates following the passage of last year’s circular economy law, SB 54...
Budget Tax

Budget: CalChamber Supports CalCompetes Tax Credit

The California Chamber of Commerce is supporting the Governor’s budget proposal to provide $120 million to fund a third year of the California Competes...
Verizon

Verizon: Working Together to Close California’s Digital Divide

This article is part of a series of profiles of CalChamber member companies that are contributing to the state’s economic strength and ability to...

California’s Wealthiest Residents Could Pay More Taxes Under New Bill

Multimillionaires and billionaires would face new taxes on their wealth under a bill pushed by a group of California Democrats, who argue the state...

Governor Announces Emergency Tax Relief for Businesses Impacted by Storms

Governor Gavin Newsom yesterday announced that business owners and taxpayers impacted by California’s winter storms are now eligible for emergency tax relief from late...
CalChamber Advocacy

CalChamber Issues Statement on Governor’s Budget Proposal

California Chamber of Commerce President and CEO Jennifer Barrera today issued the following comments in response to the Governor's budget proposal: "Today, Governor Newsom’s budget...

Voters’ Unease on Crime, Homelessness Colors Views of Future

We recently reported on voters’ concerns about the economy and the state’s business climate. Based on the CalChamber poll’s findings, it is safe to...

Economic Uncertainty, Need to Improve Business Climate Top of Mind for California Voters

California voters are readying themselves to face lean economic times, and want state elected leaders to do likewise, according the latest CalChamber poll, the...

California Economy: a Soft Landing, Or a Mild Recession?

The latest UCLA Anderson Forecast for California offers two potential scenarios for California’s economy — a soft landing led by such factors as more...