Economy

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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...
2022 Job Killer List

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...
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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...
2022 Job Killer List

7 Job Killer Bills Pass to Second House

Seven California Chamber of Commerce job killer proposals have moved on to the second house, passing a key legislative deadline on May 27 that...
2022 Job Killer List

Job Killer Update: 2 Bills Await Action on Assembly Floor

Two California Chamber of Commerce job killer bills face an important deadline Friday and must pass out of the house in which they were...

CalChamber Efforts Stop 3 Job Killer Bills, 7 Oppose Bills

Three California Chamber of Commerce job killer bills and seven oppose bills have been stopped from advancing this year after being held in legislative...

Extending CalCompetes Is Key to Job Growth and State-Wide Investments

The COVID-19 Pandemic triggered the deepest recession since the Great Depression. But just as the economic toll was steep, so is our economic recovery. ...
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McWong International: Leader in Manufacturing, Lighting, Innovation for More Than 30 Years

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

Unprecedented Budget Surplus Is Focus of May Revision

To nobody’s surprise, Governor Gavin Newsom on Friday announced another upward revision in the state’s general revenues—a $55 billion bump since January. To the...
CalChamber Advocacy

CalChamber Issues Statement on Governor’s May Revision

California Chamber of Commerce President and CEO Jennifer Barrera issued the following statement in response to Governor Gavin Newsom’s May Budget Revision released today: “We...
Suitcases, Airplane

Travel Making a Comeback, But More Quickly in Some Areas Than Others

May marks the celebration of Tourism Month in the United States, highlighting what for California is a significant sector of the state’s economy. Travel spending...
Small Business Week

California Celebrates National Small Business Week

As the country observes National Small Business Week, the California Chamber of Commerce joins in honoring the state’s small businesses, many of which are...
CalChamber Advocacy

Job Killer Update: CalChamber Identifies 4 More Job Killer Bills

The California Chamber of Commerce today added the following four bills to its job killer list, bringing the total number of bills on the...
2022 Job Killer List

CalChamber Releases 2022 Job Killer List

The California Chamber of Commerce yesterday released the first wave of bills to be included on its 2022 job killer list. The preliminary list...
CalChamber Advocacy

CalChamber Releases 2022 Job Killer List

The California Chamber of Commerce today released the first wave of bills to be included on its 2022 job killer list. The preliminary list...
Loren Kaye

Gas Prices and the Gann Limit

Nothing shouts “cost of living” quite as loudly as gasoline prices in Los Angeles averaging $6.01 a gallon. Inflation has reached a 40-year high...
CalChamber Advocacy

CalChamber Identifies SB 1044 as Job Killer

The California Chamber of Commerce today tagged SB 1044 (Durazo; D-Los Angeles) as a job killer bill. The bill, which is opposed by a...

California Film & TV Tax Credit Program Generates $21.9B in Economic Output, 110,000 Jobs...

California’s Film and Television Tax Credit Program contributed almost $21.9 billion in economic output over five years and supported more than 110,000 total jobs...