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California Economy

Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California?

Ellen Brown | Posted 05.03.2016 | Business
Ellen Brown

Despite North Dakota's collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fif...

Rising Confidence In California's Economy Is A Challenge For GOP Candidates

The Los Angeles Times | Annum Masroor | Posted 05.02.2016 | Politics

The Republican candidates for president have campaigned all over the country lamenting the rough recovery from the recession and condemning President ...

Here's How A $15 Minimum Wage Could Change California

The Huffington Post | Shane Ferro | Posted 03.28.2016 | Business

Minimum wage activists just took a giant step toward victory in California. The state's legislature will take up a proposal to increase the minimum wa...

California's Drought Will Cost The State $2.74 Billion This Year, Report Finds

Reuters | Mollie Reilly | Posted 08.18.2015 | Politics

SACRAMENTO, Calif. (Reuters) - California's ongoing drought will cost the economy in the most populous U.S. state an estimated $2.74 billion in 2015 a...

Fighting Climate Change Is Good for California's Economy

Steve Westly | Posted 07.10.2016 | Green
Steve Westly

California has been the epicenter of innovation in America over the last 100 years. Our companies have revolutionized the entertainment, agriculture, transportation and technology sectors. It is increasingly clear that clean energy is the next frontier in the innovation economy. California already has a head start.

California: Blue State, Boom State

Bob Burnett | Posted 06.18.2016 | Politics
Bob Burnett

California's economy hasn't thrived because it's run by Democrats, but rather because of liberal culture. Not liberal values in the classic sense -- equality, peace, and justice -- but rather the liberal mindset that's open and flexible.

Drought-Plagued Farms Will Cost California $2.7 Billion This Year, Study Predicts

The Huffington Post | Lydia O'Connor | Posted 06.03.2015 | Green

The economic pain caused by California's relentless drought will cost the state's agriculture industry $2.7 billion this year, up half a billion from ...

California vs. Kansas

Harlan Green | Posted 09.28.2014 | Business
Harlan Green

In the great economic battle between pro-government and anti-government policies, California vs. Kansas has been the featured contest, and California has won.

After Years Of Record-High Borrowing, California Reaches Fiscal Milestone

Reuters | Posted 09.09.2014 | Politics

By Robin Respaut July 10 (Reuters) - California has ended its fiscal year with cash left over in its general fund for the first time s...

There's "No Such Thing as a California Economy"

Mehroz Baig | Posted 05.06.2014 | San Francisco
Mehroz Baig

Silvia pointed out that in his perspective, there's no such thing as a California economy because there are vast differences in economic growth, recovery and the labor force based on metropolitan areas.

This State Has A Third Of The Nation's Solar Jobs

The Huffington Post | Lydia O'Connor | Posted 02.11.2014 | Green

California is home to nearly one-third of the nation’s solar industry jobs, with almost five times the number as any other state, according to a rep...

Teslas at Costco: Welcome to California -- U.S. Economy of the Future

Terry Connelly | Posted 01.25.2014 | Business
Terry Connelly

Isn't California an economic joke, constantly in debt, a laughingstock of an economy with a housing market in free fall and cities going bankrupt left and right? That was, certainly, the California of yesterday's news. But it's no longer the state of today.

When It Comes To Poverty, SoCal Is Getting Worse

Los Angeles Daily News | Brenda Gazzar | Posted 11.20.2013 | Los Angeles

Tisha Morrison, 46, of Pacoima found herself taking refuge in the Los Angeles area after her Louisiana home was destroyed by Hurricane Ike in 2008. T...

Business Groups Call Minimum Wage Hike 'Obscene'

Los Angeles Daily News | Dakota Smith | Posted 11.13.2013 | Los Angeles

One day after Gov. Jerry Brown backed a plan to raise California's minimum wage to $10 by 2016, a number of Los Angeles-area business groups criticize...

Don't Rush to Ease the State's Long-Term Debt

John A. Perez | Posted 10.21.2013 | Los Angeles
John A. Perez

Our economy is growing faster than those of 44 other states, and our revenues have rebounded better than those in all but one state. The budget deficit is gone. Surpluses are in sight. And our budgets are being passed on time -- three years in a row for the first time in 30 years.

The Dark Side Of California's Improving Economy

Los Angeles Daily News | Kevin Smith | Posted 09.18.2013 | Los Angeles

California's economy is on a steady rebound, with a rapidly improving housing market, more construction jobs and increased international trade. But i...

6.3 MILLION New Jobs

Ventura County Star | Stephanie Hoops | Posted 08.26.2013 | Los Angeles

The educational system will play a crucial role in the California job market in the next several years, according to a new study by Georgetown Univers...

Guess Who's Leading The California Economy?

The Contra Costa Times | George Avalos | Posted 05.29.2013 | San Francisco

The Bay Area job market stumbled in February but the region continued to outpace the state and nation in job growth, a report released Friday showed. ...

Reducing Roadblocks for Business in California

John A. Perez | Posted 05.21.2013 | Business
John A. Perez

Ensuring California's economic recovery keeps moving forward is something Democrats, Republicans, business leaders and elected officials can all agree on.

Good News For Golden State Residents

The Contra Costa Times | George Avalos | Posted 05.13.2013 | San Francisco

While the Bay Area economy remains robust, California has gotten stuck in a slowdown, according to the latest report from the closely watched UCLA And...

Why Is Everyone Leaving California? It's Not What You Think.

Aaron Sankin | Posted 02.20.2013 | San Francisco

No one lives in California anymore, it's too popular. That's essentially the thrust of a recent blog post by Jed Kolko, chief economist at real es...

CA-CHING: Local Landmark Has Strongest Sales Year In History

Robin Wilkey | Posted 12.10.2012 | San Francisco

Things seem to be looking up for California's economy (or at least the tourism industry), and one local landmark may be leading the charge. Accord...

Is California's Economy FINALLY On The Rise?

New York Times | ADAM NAGOURNEY | Posted 11.28.2012 | San Francisco

LOS ANGELES — After nearly five years of brutal economic decline, government retrenchment and a widespread loss of confidence in its future, Califor...

The Poorest State In America Revealed

Aaron Sankin | Posted 11.16.2012 | San Francisco

California has a poverty rate of 23.5 percent, the highest of any state in the country, according to figures released this week by the United States C...

Yes on 30 & No on 32: Moving California Forward

Laphonza Butler | Posted 01.23.2014 | Los Angeles
Laphonza Butler

Propositions 30 and 32 are pivotal for the future of education, public safety and the voice of hard-working families in our state. They both carry major implications for the future of California.