Independent Economic Research

Latest Numbers: California Accounts For One-Quarter Of All Jobs Added In The Nation
Unemployment Remains Near Historic Low

California added 67,000 jobs in the latest numbers, accounting for roughly 1/4 of all the jobs added in the nation. Since the start of the year, the state has outpaced national job growth.
VIEW THE BEACON EMPLOYMENT REPORT CALIFORNIA
Texas Job Expansion Hits Twenty-Six Consecutive Months
Houston, We Have A Problem: Employment Declines In That Metro

Texas employers continued to add jobs at a solid pace in the latest numbers, marking the 26th consecutive month of job increases in the state. The Houston metro area, however, was one of two regions in Texas that saw employment decline during the latest month.
VIEW THE BEACON EMPLOYMENT REPORT TEXAS
Consumer Spending Expected To Keep Local Economies Humming
Slow Growth Ahead... But No Recession

California’s major metros will weather the headwinds caused by the recent banking crisis and are expected to see employment grow and consumer spending continue this year.
VIEW THE REGIONAL OUTLOOK
VIEW THE CALIFORNIA TRADE REPORT
California's Export Trade Contracts... Again
Flooded Farmland And Reduced West Coast Port Service Stymies The State's Exporters

California exports slipped again in the latest numbers, while its share of the nation’s export trade continued to fall. The most recent decline is due to the state's stormy winter weather as flooded farmland, closed roads, and falling demand for imports reduced service.
VIEW THE LATEST OUTLOOK
Why The Bank Failures Don't Change The Economic Outlook... Mostly
Federal Reserve Policy At The Root Of Recent Bank Collapses

The recession forecasted by so many still hasn’t shown up and is looking less and less likely to anytime soon. Moreover, the recent bank failures are being ‘wrongly viewed’ as heralding a coming downturn, something that misses the actual drivers behind the collapses.
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.
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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
LA Pride's Economic Impact
Packs A Punch

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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To better understand our economic present and future, Beacon Economics publishes a variety of forecasts and analyses that deliver global, national, and local insight.