No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
Beacon Economics publishes a variety of online reports that analyze and forecast the U.S., California, and California regional economies. These publications provide users with the latest data, and with substantive commentary on the overall direction of the economy, employment and unemployment, international trade, real estate markets, consumer and business spending, and much more. The reports represent only a sampling of the kind of analysis Beacon Economics produces.
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The Recession That Didn’t Happen… And Why Most Forecasters Got It Wrong In arguing that there will be no near-term recession, Beacon Economics has been an outlier in the forecasting community. Economic Policy, Economics, General Economy August 8, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Much to the chagrin of those who have been predicting otherwise, the U.S. economy...
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- blog
- Budgets & Deficits
- Business plans
- Business plans
- Business plans
- Competitive research
- Consumers
- Economic Policy
- Economics
- Environment
- Finance & accounting
- Finance & accounting
- Finance & accounting
- Franchising
- Funding trends
- Funding trends
- Funding trends
- General Economy
- Healthcare
- Innovation
- International
- Real Estate
- Social Issues
- Taxes and Regulations
- Transportation
It is often said that generals always fight the last war—and this applies to that still highly overused and abused political catch phrase “jobs, jobs, jobs.” Such rhetoric about creating new jobs continues to be attached to the rollout of almost any new government policy, regardless of the veracity or relevance of the claim. Times change, as do economic realities and creating jobs is not our challenge or...
For years, Proposition 13 (Prop 13) has been viewed as the third rail of California politics. While Prop 13 is responsible for capping annual property tax assessment increases at 2%, it also required that future tax increases face a two-thirds vote for passage, making it very difficult for elected officials to tinker with the tax code. In 2012, voters approved Prop 30 which both increased the statewide sales...
Editors Note: This posting was originally published on the Opinion Page of the Los Angeles Daily News. High housing costs continue to be at the center of policy debates in Los Angeles—and across much of the state. This intensifying focus is warranted now more than ever given how the crisis has moved from simply eating up the disposable income of residents to slowing overall employment growth in coastal economies...