California's labor market has tightened considerably over the past year and began 2017 at essentially 'full employment'. The annual March revision from the state EDD only slightly changed previous estimates. See our new analysis at the Beacon Employment Report.
California's export trade began 2017 with an exceptionally strong showing, posting a nominal 10.9% gain over the same time last year. The numbers continue to defy conventional wisdom. View Beacon Economics new analysis.
Our latest forecasts for five of California's major metro areas has growth continuing but with a cool down occurring in some of the hottest spots. View our new editions of The Regional Outlook.
The election of Donald Trump has led Beacon Economics to change its outlook for the nation from one of steady, if mediocre, expansion to one that includes huge 'unknowns' and the possibility of a recessionary period. View Beaconomics.