Excessive Stimulus Overheating U.S. Economy; Near Term Forecast Still Strong But Instabilities Loom CA Home Price Surge Worsen Labor Shortage
The U.S. economy has 'officially' recovered from the pandemic recession and is now becoming overheated as a result of excessive stimulus – triggering today’s hyperinflation, labor shortages, and severe supply chain disruptions.
California Job Growth Continues; But Full Employment Recovery Unlikely In 2022 Uneven Gains Among Industry Sectors Persists
California’s labor market continues to expand, growing by 45,700 positions in the latest numbers. Still, the rate of growth won't lead to pre-pandemic job levels in 2022.
Texas Labor Market Has Recovered: Total Employment In State Has Returned To Pre-Pandemic Levels Hard-Hit Industries Still Lag
As of the latest numbers, total nonfarm employment in Texas finally returned to pre-pandemic levels. Of the 1,452,600 Texas jobs lost at the onset of the pandemic, the latest figures reveal that 1,480,800 (101.9%) have been recovered.
Omicron, Supply Chain Congestion, Rising Costs Restrain CA Exports Evolving Conditions Continue To Stymie Global Trade
Supply chain bottlenecks, rising transport costs, a stronger dollar, shortages of key components, declining electric vehicle exports, and a constantly evolving virus combined to curb California’s export trade in the latest numbers from the U.S. Census.
LA2021 Future of Creative Talent Summit Series Post Event Materials Now Available
Some of today’s most innovative and high-profile voices from across the entertainment ecosystem tackled pressing questions facing an industry battered by the pandemic.
Housing Markets Surge In Texas's Major Metros As Employment Recovery Continues Real Estate Described as 'Red Hot'
The pandemic’s increasingly diminished economic effects are the backdrop to strong housing market activity and ongoing job recovery in Texas’s two largest metropolitan regions. Historically low inventory is driving up single-family home prices and sales across both Dallas and Houston
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.
Beacon's analysis for Next 10 finds that California's housing goals are exacerbating the housing crisis and at the current level of development, some jurisdictions won't meet their low-income production targets for more than 1000 years.
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Los Angeles Area Chamber of Commerce
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