March 21, 2017
Many measures track some form of business optimism, and generally reveal the same trends. But the RSM Index has a novel twist: a new set of questions that track how that optimism is tied up in expectations that President Donald Trump will be able to change the business environment for U.S. firms.
The surge in business optimism largely owes to hopes that regulations and taxes will decrease, and that the federal government could invest heavily in the nation’s infrastructure. These views have come in for criticism from those wondering if the new administration will be able to execute on all of its goals. But businesses are already building in different expectations about how much will be accomplished in Washington in coming years.
March 20, 2017
The Legislature’s budget analyst, Mac Taylor, says Brown’s proposal is “violating the spirit of Proposition 4.” He describes the $22 billion in school-related spending Brown wants to exempt as “nowhere money” and is telling legislators that “the plan would be highly vulnerable to legal challenges.
March 17, 2017
A growing tech industry is often considered the ultimate sign of a healthy local economy. By that measure, the Bay Area still stands at the top of the heap in the United States, but our survey of the metropolitan areas with the strongest tech job growth turns up some surprising places not usually thought of as tech meccas.
March 15, 2017
Assemblyman Jose Medina (D-Riverside) says the Rams — and at least five other large developers whose projects were approved by similar means in recent years — have been able to spend significant sums of money to ignore state environmental laws. He’s authored new legislation to block future developers from doing what the Rams did, by prohibiting local governments from approving projects without an exhaustive environmental review.
March 14, 2017
Small business owners frequently cite regulations as one of the largest obstacles in operating their company. Every four years, the National Federation of Independent Business asks small business owners to evaluate and rank 75 potential business problems. In 2016, they told us that their second biggest problem was “unreasonable government regulations.”