Texas Job Recovery Continues For 6th Consecutive Month Delta Variant Affecting Some Industries
In the latest numbers, Texas’s labor market continued its steady recovery from the pandemic, adding 39,300 positions. This represents the sixth consecutive monthly increase in Texas payrolls. A total of 358,000 jobs have been added in the state since February 2021.
Pandemic Recession Was Shortest, Deepest In U.S. History Economic Output Jumps To Pre-COVID Levels
In the 2nd quarter of 2021, real economic output in the United States pushed higher than pre-pandemic levels, making the COVID induced recession the shortest in the nation’s history. It will take another quarter or so for output to return to its sustainable, long run trend.
California Exports, Imports Boom As Consumer Demand Surges Delta Variant, Climate Change Clouds Otherwise Strong Trade Outlook
Driven by robust demand, California exports continued to expand in the latest numbers from the U.S. Census with logistical bottlenecks forestalling an even more robust recovery. Still, drought and the recent rise in COVID-19 infection rates could be major disrupting forces.
Red Hot Real Estate Market Contrasts Slower Labor Market Housing: Strong Demand, Low Inventory
The pandemic's lop-sided economic effects are on display in the contrast between the labor and housing markets in California’s major metropolitan regions.
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
Texas Secure In Its Spot As Nation's Top Exporting State 2020 Declines Less Severe Than In Other Major Export States
Texas exporters suffered in pandemic-plagued 2020 but did not experience some of the staggering declines other major exporting states have endured, performing better than New York, Florida, Michigan, Washington, and Ohio. Compared to 2019, exports from the Lone Star State fell 15.1%.
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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