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The latest news and updates from the California Business Roundtable. Sign up to receive updates straight to your inbox at [email protected].
Golden State Promise and California Business Roundtable Announce Strategic Partnership for 2026 Election Cycle
Coordinated, complementary, and comprehensive effort to protect
California’s economy and address cost-of-living challenges...
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
- 07/26/2024
A recent Los Angeles Times editorial completely misrepresented the root causes and attempted to cast blame in the wrong place. This is the same tactic the governor and Legislature have been using to try to displace the blame, but the facts speak for themselves.
- 03/25/2024
The Roundtable looks forward to working to implement key elements of Prop. 1 as part of a larger solution.
- 03/12/2024
The Roundtable membership has voted to support several key measures on the 2024 ballot.
- 02/05/2024
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.
- 01/12/2024
SACRAMENTO, CA – The California Business Roundtable today announced it supports Proposition 1, Governor Newsom’s $6.38 billion bond measure to build 10,000 new community behavioral health beds and housing to provide care to Californians of all ages with serious mental health and substance use disorders.
- 12/06/2023
Latest News from the Center for Jobs
Latest on what is driving California’s economy, job growth, and other key indicators. Get updates straight to your inbox at [email protected].
Special Report: California Becomes 4th Largest Economy as Japan’s Economy Slowed in 2024
In the latest data from International Monetary Fund (IMF), California—if it was treated as a separate economy—moved from 5th largest in the world to 4th largest as Japan’s economy contracted. However, Japan is projected to resume growth at 4% in 2025, while India is projected to continue moving up the ranks with 7% growth....
The trade statistics in May once again reflect more shifts in policy around tariffs rather than economic fundamentals.
- 07/04/2025
In the latest data from International Monetary Fund (IMF), California—if it was treated as a separate economy—moved from 5th largest in the world to 4th largest as Japan’s economy contracted. However, Japan is projected to resume growth at 4% in 2025, while India is projected to continue moving up the ranks with 7% growth.
- 04/22/2025
In July, California average residential electricity jumped to 10th highest among the contiguous states, compared to 9th lowest in 2010. Electricity rates across all three primary end users as well as the cost of fuels remained the highest in the contiguous states.
- 10/11/2024
The August trade data again showed strong results for California and its ports as shippers continued to surge activity ahead of pending tariffs and the then-threatened East/Gulf labor actions. Origin exports rose 9.9% in nominal terms compared to prior year. Total trade activity through the state’s ports was up 13.6%, with the strongest gains in imports.
- 10/08/2024
California’s Real GDP grew by 2.8% in the second quarter (annualized change from the previous quarter), just below the 3.0% growth for the US overall and 27th highest among the states.
- 09/30/2024
The August numbers were positive but at relatively modest levels. Although revisions to the July numbers show stronger growth that month, nonfarm wage and salary jobs grew by only 6,800 in August, the 8th highest level among the states. Employment gains were 8,700.
- 09/23/2024