More Dismal Economic Forecasts Predict Near or Full Recession in 2008-2009
Two reports about state and national economic conditions were released recently by the UCLA Anderson Forecast and the Chapman University A. Gary Anderson Center for Economic Research. They don’t make...
View ArticleFive California Housing Markets Are among the 20 Most Overvalued Nationwide
According to data released by the economic research and forecasting firm Global Insight last week, five of the 20 top overvalued housing markets are in California. 63% of housing markets nationwide are...
View ArticleNew Survey Indicate Darkening Mood among Californians about State’s Prospects
A recent Public Policy Institute of California survey indicates a drastic downturn in Californians’ mood about the state of things in the past year. In January 2007, 39% of California residents said...
View ArticleGovernor Releases Stark 2008-2009 Budget
Governor Schwarzenegger unveiled his 2008-2009 budget yesterday, and, as expected, it was a bleak one. Under the proposed budget, all state agencies and departments would face mandatory...
View ArticleReaction to Governor’s 2008-2009 Budget
A roundup of some of the reaction from media outlets and policy groups to the governor’s 2008-2009 budget: Legislative Analyst’s Office: The Governor has put forward an aggressive agenda for the...
View ArticleCalifornia’s Sluggish Economy Reflected in Employment Figures
A recently-released Public Policy Institute of California fact sheet highlights California’s sluggish employment growth rate, noting that the state’s total non-farm employment grew by only 0.5% in...
View ArticleCalifornians Pessimistic, Give Governor and Legislature Lower Marks
In a new poll from the Public Policy Institute of California, Governor Schwarzenegger’s approval ratings have slipped to 44%, which is down 6 points since January and 13 points since December. The...
View ArticleCalifornia Unemployment Rate Now Third-Highest in Nation
New figures from the Employment Development Department show that the unemployment rate in California jumped to 6.2% in March, the highest rate since July 2004, when the rate was at the same mark....
View ArticleGovernor’s and Legislature’s Approval Ratings Continue to Dive
The PPIC survey mentioned in the last post also asked Californians to assess the performance of Governor Arnold Schwarzenegger and of the state legislature. Californians are increasingly unhappy with...
View ArticleCalifornia Demographic Changes Afoot That Will Impact Policy for Years to Come
Planning for California’s Future: The State’s Population Is Growing, Aging and Becoming More Diverse [California Budget Project] A new report from the California Budget Project highlights state...
View Article
