Tag: California Economy

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...

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...

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. ...

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 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...

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...

Job Killer Bill Excuses Workplace Absenteeism, Endangers Worksites

A California Chamber of Commerce-job killer bill that will excuse workplace absenteeism and cripple emergency response is making its way through the California Legislature. The...

How Workers Lose with 4-Day Workweek Proposal

For years, employees have expressed their desire for the kind of workplace flexibility that would allow them to set a flexible daily schedule or...

We’ve Reached Peak Budget

The Legislative Analyst has cried “last call” for the state budget bash. Even as the State Legislature enjoys the prospect of spending record budget surpluses, its...

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...

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...

New Job Killer Bill Allows Employees to Refuse to Show Up for Work

A newly identified California Chamber of Commerce job killer bill that is opposed by more than 60 organizations passed the Senate Labor, Public Employment...

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...

California Unemployment Rate Holds Amid Inflation Worries

California’s unemployment rate held steady in January as the nation’s most populous state added 53,600 jobs in a sign the economy is slowly returning...

Blue Diamond Almond Growers Sustain Family Farms, Feed Consumers Worldwide

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...
Local Chambers

Local Chambers Help Businesses Thrive

Working together, the California Chamber of Commerce and local chambers of commerce are a solid force as advocates supporting business-friendly policies and helping California...

California, U.S. Open to Foreign Travelers Starting Nov. 8

California’s tourism industry is anxiously awaiting the day when international travelers will be able to again visit the United States. And that day will...