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What’s in Store for California’s Economy?

By Sarah Bohn

California starts the year with low unemployment, rising wages, and falling inflation—but also with residents expressing pessimism about the state's economic outlook. We look at what's ahead for the California economy.

page

Economic Growth

Envisioning California’s economic future and elevating pragmatic policies to support business and job growth.

Report

Does Broadband Boost Local Economic Development?

By Jed Kolko

The federal government and the state of California, as well as other states throughout the nation, have made universal access to broadband service a public policy goal, assuming that multiple economic and social benefits will accrue from increasing broadband access. This study assesses whether policies designed to increase broadband availability—especially to unserved and underserved communities—will contribute to local economic development. It finds a positive relationship between broadband expansion and employment growth, but the benefits for local residents are ambiguous.

This report was supported with funding from The David A. Coulter Family Foundation.

blog post

Record Growth Puts Money in the Bank for California

By Patrick Murphy, Jennifer Paluch, Radhika Mehlotra

More than 120 straight months of job growth has provided a major boost to state revenues, allowing for increased spending as well as record reserves.

blog post

California’s Economy—Past, Present, and Future

By Sarah Bohn

As part on an ongoing series celebrating PPIC's 30th anniversary, Sarah Bohn—who directs the new PPIC Economic Policy Center—reflects on key trends and transformations in the state's economy over the last three decades.

Report

Economic Development: The Local Perspective

By Max Neiman, Daniel Krimm

Since Proposition 13 in 1978 restricted property tax income, California’s local governments have increased their economic development activities, especially in the areas of land development and retail sales. Such measures have provoked criticism, but local officials say they have few alternatives. This paper presents a detailed survey of local economic development policies and activities. It includes assessments of their successes and failures by local officials. The results show that significant barriers to local economic activity exist, among them an inadequate state transportation infrastructure, high energy costs, and lack of an appropriately trained workforce.

Explainer

Making Sense of California’s Economy

By Sarah Bohn, Marisol Cuellar Mejia, Julien Lafortune, Vicki Hsieh

We take a look at where California's economy has been, where it might be headed, and how we can better insulate Californians against future upheavals.

blog post

Californians and Climate Change

By Mark Baldassare

California likely voters’ strong support of AB 32—the 2006 law requiring reductions in greenhouse gas emissions—has barely budged, through good times and bad. Why?

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