California Energy Price Data for February 2024
California’s average energy rankings showed continued deterioration in the residential sector, while fuels and commercial electricity rates remained the highest among the contiguous states and DC. With no relief in sight, California’s energy policies are taking the state’s economy into a government-driven experiment that runs counter to its previous experience with economic growth.
California Trade Report for December 2023
Overall trade flows were largely stable compared to December 2022. Total trade flows through the state’s ports were off by only 0.2% in nominal terms. For the year as a whole, the nominal value of the trade flows was down from 2022, but up slightly compared to 2021 and substantially compared to pre-pandemic 2019.
Business Roundtable Announces Support for 2024 Ballot Measures
The Roundtable membership has voted to support several key measures on the 2024 ballot.
California Energy Price Data for January 2024
California’s energy costs rankings showed deterioration in two categories, while fuel and commercial electricity costs remained the highest among the contiguous states and DC.
Quick Facts: California Employment Report for December 2023
The Center for Jobs and the Economy has released our initial analysis of the December Employment Report from the California Employment Development Department. The additional information we generally address from the US Bureau of Labor Statistics will not be released until next Tuesday, at which time we will do a more complete analysis in our Full Jobs Report.
Assemblymember Irwin and Committee’s Decision on the Wealth Tax Prioritizes Fiscal Stability for California
The California Business Roundtable extends sincere appreciation to Assemblymember Irwin, Chair of Assembly Revenue and Taxation, and the committee members for their prudent decision to hold Assembly Bill 259, the wealth tax proposal.
Statewide and Regional Business Community Responds to Supreme Court Decision on Affirmative Action
SACRAMENTO—The united business community today issued the following response to the U.S. Supreme Court ruling that overturned affirmative action practices for college and university admissions: