Beacon Economics

California Job Growth Continues In Latest Data Job Impacts From Fires Likely Short Lived California added 15,000 new jobs during December (the latest available data). The numbers don’t account for the LA fires, however, as painful as the personal and community losses have been, the aggregate employment effect is likely to be relatively short-lived. VIEW THE BEACON EMPLOYMENT REPORT CALIFORNIA VIEW THE BEACON EMPLOYMENT REPORT CALIFORNIA California Exports Outpace The Nation In Latest Numbers State Exports Gain More Market Share As U.S. Exports Slip Despite the political slander being hurled at California, exporters in the state outpaced their peers nationally in the most recent data. Throughout 2024, the state's exports grew 2.6% over 2023 levels. VIEW THE CALIFORNIA TRADE REPORT Huge Federal Deficit, Overheated Asset Markets Are The Real Threat Today's U.S. economy looks as strong as it does because of two stimulative but unsustainable drivers: the yawning Federal deficit and sky-high asset prices. VIEW THE LATEST OUTLOOK California Still A Powerhouse… Could Trump's Policies Disrupt Growth? The world’s fifth largest economy is still home to high incomes, high economic output, and critically important global industries. But some of President-Elect Donald Trump’s proposed policies could hit the state's economy particularly hard. VIEW THE BEACON OUTLOOK CALIFORNIA Who Should We Credit For Trump's Big Win? Jerome Powell, Of Course The 2021-2023 bout of inflation, which was caused by the Federal Reserve's $5 trillion overreaction to the COVID-19 pandemic, is the force that led to Donald Trump's resounding win. If you don't believe it, take a look at consumer sentiment election effects back to 1964. VIEW ANALYSIS The Impact of Diverse Small Business - 2024 Minority-Owned Businesses Are Fundamental To California's Economy Beacon Economics' new analysis of the economic, fiscal, and social impacts of minority-owned small businesses in California show that they are a pillar of the economy, accounting for 1.9 million of the 4.1 million businesses in the state. VIEW EXECUTIVE SUMMARY Greenhouse Gas Emissions Rebound Following Pandemic California May Not Meet 2030 Climate Goal Until 2047 The 15th annual California Green Innovation Index finds economic growth in the state has become less dependent on fossil fuels... but the decarbonization rate needs to increase threefold to meet 2030 climate targets. VIEW THE NEW GREEN INNOVATION INDEX The University of California's Eye Popping Economic Impact UC An Essential Engine In contributing $82 billion to California's annual output and supporting 1 in every 45 jobs in the state, the UC system is an extraordinary engine of economic growth. Our new analysis reveals UC's full impact, from serving students to launching start-ups. VIEW THE ANALYSIS

Californians Moving Out Is Not The State’s Most Worrisome Trend

Californians Moving Out Is Not The State’s Most Worrisome Trend

Practice Areas

Working across the economy to deliver customized, data-driven solutions to businesses, governments, and nonprofits.

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Publications

To better understand our economic present and future, we publish a variety of forecasts and commentaries that deliver global, national, and local insight.

Each month, we link our own econometric predictions to data released by the U.S. Bureau of Labor Statistics and state labor market departments to identify important changes in employment across industries and regions.

One of the most accurate economic forecasts around. This succinct, quarterly outlook delivers up-to-date analysis of leading indicators driving the U.S. and California economies, including GDP growth, employment, housing and commercial real estate markets, taxable sales, international trade, and more.

Hype-free insights into the global, U.S., and California economies. These brief, timely posts cover a wide range of topics and deliver straightforward commentary on issues ranging from California migration trends to Federal Reserve policy decisions to U.S. real estate markets. Relevant, honest analysis that’s fun to read.

This report analyzes monthly data released by the U.S. Census Bureau’s Foreign Trade Division, pinpointing important trends in California’s import/export industry and identifying potential effects on the state’s economy.

No Nonsense Economics

Relevant, hype-free insights about what’s happening in the global, U.S., and California economies

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To be contacted about Beacon's services, please provide the following information:
We will never share your information without your explicit permission. We use cookies on our site so you won’t need to resubmit your information when you visit again from the same device. Submitting this form will add you to Beacon Economics mailing lists. You can unsubscribe at any time.