The number geek in me loves Calculated Risk. Here’s a clean clear graph of four measures of inflation that shoot for the stratosphere around December 2021: Hugging that graph may not make you feel much better in the checkout line at the grocery store, or when filling the tank of …continue reading
Happy that the apparent value of your house is rising? Exasperated at rising grocery costs? Those are two sides of the same debased coin, and the face on the coin is that of any politician you wish to name who has voted for policies that lead to a “stealth tax” …continue reading
With the end of the COVID-19 pandemic seemingly in sight, analyses are now being published about the varied responses by the individual States to the pandemic. In particular, Hamilton Place Strategies has published a report looking jointly at two important indicators in order to rank States’ pandemic response: job loss …continue reading
Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change …continue reading
Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the third quarter of 2019, according to statistics released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP in the third quarter ranged from 4.0 percent in Texas to 0.0 …continue reading
Our California Economy & Taxes blog provides the latest data on California’s economy and taxes, plus commentary on important trends and research. Below is a recap of our posts over the last month. Tax Collections Preliminary total collections for June were $350 million above the administration’s May estimates. Total collections …continue reading