California's Share Of US Export Trade Slips To Lowest Level In Decades Strong Dollar Constitutes A Serious Drag On Nation's Exports
California's share of total U.S. exports was 8.8% in the latest numbers, down from 10.2% one year earlier and down from 10.1% in pre-pandemic June 2019. Inflation also continues to complicate attempts to gauge the true value of exports.
Worker Shortage Main Culprit Behind CA's Slower Job Recovery State's Employers Struggling To Hire
CA's largest metros are inching back towards full job recovery but are being constrained by tight labor supply, limiting the ability of local employers to hire the workers they need.
Storm On The Horizon: Chance Of Recession Unlikely In 2022... It's Coming, But Not Yet Moves By Federal Reserve Too Little, Too Late
The overheated U.S. economy is edging closer to a contraction, which would bring to an end the over decade-long expansionary period that began after the Great Recession. The trillion dollar questions are when will it hit and how bad will it be?
California Job Growth Continues At A Slower Pace May Job Gains Revised Down
California’s labor market continued to expand at a steady pace in the latest numbers, adding 19,900 jobs, but the lack of worker supply will continue constraining growth into the future.
Impressive Texas Job Growth Flys In The Face Of Negative Headlines State's Unemployment Rate Falls
Texas employers continued to add jobs at a strong pace in the latest numbers, with no signs of a slowdown. Employers added 82,500 workers during June, the largest month-over-month increase since October of last year.
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.
Beacon's analysis of the 2019 LA Pride Parade and Festival reveals the event generated nearly $75 million in economic output for LA County. Well over half of that amount was spent directly within the County.
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Los Angeles Area Chamber of Commerce
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