Economy

Gov. Newsom Unveils Record Budget image

Gov. Newsom Unveils Record Budget

Gov. Newsom today released his revised budget, a sweeping and historic $267 billion spending plan that is designed to get California’s economy ba...
#MeetLocalSF Can Help Speed Up Economic Recovery, Boost Jobs image

#MeetLocalSF Can Help Speed Up Economic Recovery, Boost Jobs

What is one way businesses can help boost the local economy and get us back on the road to recovery? By meeting local! As restrictions on gathering...
Tax Increase Legislation Advances on Questionable Voting Practice image

Tax Increase Legislation Advances on Questionable Voting Practice

Even with Gov. Newsom pledging not to sign any legislation that would raise taxes, a bill to do exactly that is moving forward in the state Assembl...
Coalition for CA’s Future Picks Up Steam image

Coalition for CA’s Future Picks Up Steam

Does the minting of new startup billionaires mean California shouldn’t be concerned about the economy? Don’t tell that to the more than 1.5 mil...
Headwinds Buffet California Jobs Recovery image

Headwinds Buffet California Jobs Recovery

New state unemployment data released this week highlights the headwinds that continue to buffet California’s economic recovery and the importance...
Analysis Shows Lifting SALT Cap Would Create Thousands of CA Jobs image

Analysis Shows Lifting SALT Cap Would Create Thousands of CA Jobs

A new analysis by the Bay Area Council Economic Institute suggests that restoring the full state and local tax (SALT) deduction would create thousa...
Whoa, Not More Taxes image

Whoa, Not More Taxes

Another tax on California’s economy surfaced this week (March 22) even as the state announced that budget revenues are exceeding projections. Los...
Another Tax Hike Rears Its Ugly Head image

Another Tax Hike Rears Its Ugly Head

Not again. Another misguided tax hike proposal has reared its head in Sacramento as California sits on record revenues, robust reserves and escalat...
Bay Area Loses Over 65,000 More Jobs Than Originally Estimated image

Bay Area Loses Over 65,000 More Jobs Than Originally Estimated

Annual revisions released today by the California Employment Development Department show that the nine-county Bay Area lost 66,700 more jobs in 202...
Waiting for Economic Point of No Return Not an Option image

Waiting for Economic Point of No Return Not an Option

The Bay Area Council didn’t coin the term “exodus” to describe anecdotal stories of companies, jobs and investment leaving California for oth...
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