Federal Reserve Fights Inflation, Walks Line Between Soft Landing, Recession
The Economy
The Drumbeat of a Recession Is Growing Louder, But It Is Probably Not Here Yet
We are sure in an odd place, economically speaking....
Governor Vetoes 3 CalChamber Opposed Bills, Signs 8 Supported Bills
Governor Gavin Newsom has signed 8 California Chamber of Commerce-supported bills and has vetoed three opposed bills.
More than 20 CalChamber priority bills and one...
CalChamber Urges Governor to Veto In-Vehicle Camera Disclosures Bill
A California Chamber of Commerce-opposed bill that would significantly hinder the ability of automakers and other technology providers to provide safety technology to consumers...
CalChamber Urges Governor to Veto LA County Tax Increase Bill
A California Chamber of Commerce-opposed bill that would increase the cost of living in Los Angeles County and hurt working families is awaiting action...
Job Killer Bill Stopped in Final Hours of Session; Bill to Re-License Diablo Canyon...
In the final hours of the legislative session, CalChamber advocates and a large coalition of allies were successful in stopping a last minute climate-related...
CalChamber-Supported Manufacturing Tax Credit, Public Contracting Bills Head to Governor
A California Chamber of Commerce-supported bill that will expand manufacturing tax credits and another that will promote equity in public contracting passed the Legislature...
AB 257 Will Increase Prices on Consumers; Faces Key Vote in Senate
A California Chamber of Commerce-opposed bill that will increase prices at counter-service restaurants and further burden working families faces a vote in the California...
SB 1149 Would Upend Intellectual Property Rights, Expose California Companies to Piracy
California’s economic success can be credited to two often-related advantages: a skilled workforce and a culture of innovation.
Our workforce has been nurtured by the...
CalChamber-Opposed Bill Harming Film Industry Placed on Suspense File
A California Chamber of Commerce-opposed bill that would drive film industry jobs out of California was placed on the Senate Appropriations Suspense File yesterday. The...
Taxpayers’ Bill of Rights Public Hearing Scheduled for August 30
On August 30, the State Board of Equalization (BOE) will hold an annual public hearing on property taxes and the Alcoholic Beverage Tax to...
Prologis: Delivering Logistics Solutions and Services California Customers Need
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...
Foreign Direct Investment in California, U.S. Rebounding After Dropping During Pandemic
International economies continued to be beset by the detrimental effects of the COVID-19 pandemic last year, reducing the amount of foreign direct investment in...
California’s Tourism Marketing Investment Sees Record Return on Spending
California’s investment in tourism marketing has been paying off, yielding a record $17.1 billion return on advertising spending in 2021, according to Visit California.
While...
$85 Million in Tax Credits Available for California Businesses
This year's California Competes Tax Credit (CCTC) application period is underway and the Governor’s Office of Business and Economic Development (GO-Biz) has up to...
Job Killer Update: 3 Bills Remain as Legislators Begin Summer Break
Three California Chamber of Commerce job killer bills will continue to move through the legislative process after passing a key policy committee deadline last...
CalChamber Opposes Tax Increase Initiative
The California Chamber of Commerce Board of Directors has voted to oppose the California Tax on Income Above $2 Million for Zero-Emissions Vehicles and...
5 Job Killers Still Active Ahead of Policy Committee Deadline
Five California Chamber of Commerce job killer bills await action in the California Legislature this week as Friday marks the last day that policy...
CalChamber Opposes Bill Jeopardizing State’s Music Industry
A California Chamber of Commerce-opposed bill that would deliver a massive blow to the state’s music industry and drive talent and jobs out of...
Record Budget Surplus Calls for Tripling Down on UI Fund Offset
Californians have traveled a bumpy road to post-pandemic recovery, with healthy employment and wage growth on the one hand, but soaring inflation and cost-of-living...
Lt. Governor Focuses on Strength of State’s Economy
During remarks to the Sacramento Host Breakfast audience this morning, Lt. Governor Eleni Kounalakis began her speech by focusing on the strength of the state’s economy...