Tag: Economy
Key Bills to Be Heard This Week as Legislators Reconvene From Summer Recess
With the summer recess over, California legislators returned to the Capitol today with a month to act on more than 900 bills.
Senate and Assembly...
CalChamber Issues Statement on May Revision to the Budget
California Chamber of Commerce President and CEO Jennifer Barrera issued the following statement regarding Governor Gavin Newsom’s May Budget Revise:
“We thank Governor Newsom for...
A Regional Look at California’s Latest Employment Trends
California’s labor market continues to show signs of strength, with employment now 1.7% higher than it was before the pandemic. However, countervailing economic forces...
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...
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...
World Trade Month: International Trade Critical to Weather Economic Downturns
After a year of global economic recovery from the COVID-19 pandemic that has been hindered by a supply chain crisis, the war in Ukraine...
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 Board Votes to Oppose Plastic Waste Reduction Regulations Initiative, Support Taxpayer Protection Ballot...
The California Chamber of Commerce Board of Directors last week voted to oppose the California Plastic Waste Reduction Regulations Initiative, which proposes a new...
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...
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...
U.S. Launches Programs to Combat Supply Chain Problems, Spur Manufacturing
The federal government has announced a number of programs and grants to help revitalize manufacturing and address supply chain problems in the United States.
These...
Restraint Key in Handling New, Post-Pandemic Normal
The enduring lesson for policy makers as California recovers from the Pandemic Era should be restraint. California enjoys a bountiful budget surplus, but nobody...
Tejon Ranch: Land Steward Provides Housing, Jobs, Conservation
Note: With this article, the California Chamber of Commerce begins a series of profiles of member companies that are contributing to the state’s economic...
CalChamber Issues Statement on Governor’s Budget Proposal
CalChamber President and CEO Jennifer Barrera today responded to Governor Gavin Newsom’s budget proposal with the following statement:
“CalChamber commends Governor Newsom for taking decisive...
CalChamber Joins Call for Congress to Pass Tariff Relief Bill by End of Year
Congress must support U.S. jobs, competitiveness and growth by passing the Miscellaneous Tariff Bill (MTB) by the end of the year.
That is the message...
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...
Travel Locally to Help State Recovery
In this episode of The Workplace podcast, California Chamber of Commerce President and CEO Allan Zaremberg, Assemblymember Sharon Quirk-Silva and Visit California President and...
California Tourism Update on June 28 to Detail Stimulus Spending Plan
On the heels of California’s June 15 reopening, Visit California will convene an industrywide Zoom call on Monday, June 28 at 2 p.m. (Pacific...