Region: California
Report
“This year’s report shines its harshest spotlight on many courts and government authorities throughout hyper-litigious California, where legislators see fit to produce more than 800 new laws each year, inviting evermore litigation as residents and businesses can’t hope to keep up with what’s legal and what isn’t,” Joyce continued.
Report
The Pacific Coast Collaborative released its 2014 jobs update report showing the strength of the West Coast’s clean economy.
Report
A new study released today by the American Highway Users Alliance identifies America’s 50 worst bottlenecks and finds that the very worst bottleneck, as measured by hours of delay, is in Chicago, IL. Los Angeles, CA owns the next six of the top 10.
Report
The state budget is better prepared for an economic downturn than it has been at any point in decades. In 2015–16, we project that the state’s “Big Three” General Fund revenues—principally the personal income tax—will exceed June 2015 budget assumptions by $3.6 billion, with most of that gain to be deposited into the Proposition 2 rainy day fund. In 2016–17, we project that revenues will exceed spending under current policies, resulting in even further improvement in the state’s fiscal situation. Assuming no new budget commitments are made, we estimate 2016–17 would end with reserves of $11.5 billion.
Report
A new study shows that about 9,000 companies left California in the last seven years to reduce costs and improve prospects of growing their businesses. The report provides details about disinvestments by company name, ranks the popularity of the destination states and cities, and outlines the difficulties of doing business in California.
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