01/10/2025

News

Fiscal Analyses, 2013-063, Six Californias

The decisions made in all of the areas discussed in this analysis could result in changes to the six states’ demographics and economy, both initially and over time. For example, differing policies could result in migration or different settlement patterns initially. Over the longer term, the states’ economic development and other policies could alter their respective economies. The exact nature of these changes, both initially and over time, is unknown.

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The Effects of a Minimum-Wage Increase on Employment and Family Income

Increasing the minimum wage would have two principal effects on low-wage workers. Most of them would receive higher pay that would increase their family’s income, and some of those families would see their income rise above the federal poverty threshold. But some jobs for low-wage workers would probably be eliminated, the income of most workers who became jobless would fall substantially, and the share of low-wage workers who were employed would probably fall slightly.

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California Solar Jobs Census 2013

On February 11th, 2014, The Solar Foundation released its first-ever district-level “deep dive” into solar employment in California, Arizona, and Minnesota. The research behind these three seminal reports (linked below) was performed using the same survey-based methods developed for our award-winning National Solar Jobs Census series. In addition to the release of these reports, TSF provided updated estimates of solar employment in each of the 50 states and the District of Columbia.

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Tech Trade in the States: A State-by-State Overview of International Trade in Tech Goods

The TechAmerica Foundation proudly presents our 2014 edition of Tech Trade in the States: A State-by-State Overview of International Trade of Tech Goods. It provides 2012 data on tech trade at the national level and export data for all 50 states, the District of Columbia, and Puerto Rico. The report also provides an estimate as to the number of jobs that are supported by export activities.

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Proposed First Update to the Climate Change Scoping Plan: Building on the Framework

Every major economic sector in the state will need to play an increasing role in this effort. Success will require the creation of new policies in some sectors, and expanding and refining existing policies in others.

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The 2014-15 Budget: A Review of the 2014 California Five-Year Infrastructure Plan

We also find that the plan raises some important policy issues related to the financing and maintenance of state infrastructure and serves as a valuable starting point for legislative discussions. However, we note that the plan does not include some key information and suggest some changes that could make the plan more helpful to the Legislature. In addition, given the size of the state’s infrastructure investments and their long-term nature, we recommend that the Legislature take a more active role in considering infrastructure in a comprehensive way.

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Couty-to-County Migration Flows Tables

About 16.8 million people moved into a different county within a year in the U.S., between 2007 and 2011, with the most common county-to-county moves being from Los Angeles to San Bernardino, Calif. (41,764 people) and Los Angeles to Orange, Calif. (an estimated 40,764), according to U. S. Census Bureau data released today.

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California Transportation Infrastructure Priorities: Vision and Interim Recommendations

The California State Transportation Agency has released the California Transportation Infrastructure Priorities (CTIP workgroup vision and interim recommendations document. Last year’s budget directed the new Transportation Agency to work with stakeholders to develop funding priorities and long-term funding options. The workgroup examined the current status of the state’s transportation system and discussed challenges that lie ahead. The interim recommendations offers both a vision for California’s transportation future and a set of immediate action items toward achieving that vision that are centered on the concepts of preservation, innovation, integration, reform and funding.

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2014 Silicon Valley Index

The second reason why the Index is troubling is because our prosperity is not widely shared. It is a story the Index has been telling for many years, but in this 2014 installment the gaps and disparities are more pronounced than ever. These are the hard facts: our income gains are limited to those with ultra high-end skills. Median wages for low- and middle-skilled workers are relatively stagnant and the share of households with mid-level incomes has fallen in Silicon Valley more than in the state and nation. Disparities by race are more persistent than ever. We also saw a sharp increase in homelessness.

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The Budget and Economic Outlook: 2014 to 2024

After a frustratingly slow recovery from the severe recession of 2007 to 2009, the economy will grow at a solid pace in 2014 and for the next few years, CBO projects. Real GDP (output adjusted to remove the effects of inflation) is expected to increase by roughly 3 percent between the fourth quarter of 2013 and the fourth quarter of 2014—the largest rise in nearly a decade. Similar annual growth rates are projected through 2017. Nevertheless, CBO estimates that the economy will continue to have considerable unused labor and capital resources (or “slack”) for the next few years. Although the unemployment rate is expected to decline, CBO projects that it will remain above 6.0 percent until late 2016. Moreover, the rate of participation in the labor force—which has been pushed down by the unusually large number of people who have decided not to look for work because of a lack of job opportunities—is projected to move only slowly back toward what it would be without the cyclical weakness in the economy.

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Judicial Hellholes 2013/14

The American Tort Reform Foundation issued its annual Judicial Hellholes® report today, naming civil courts in California, Louisiana, New York City, West Virginia, Southwestern Illinois’ Madison and St. Clair counties, and South Florida among the nation’s “most unfair.”

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The 2014-15 Budget: Overview of the Governor’s Budget

The proposal continues the Governor’s focus on paying down the “wall of debt,” a selection of budgetary liabilities the state incurred in addressing its past budget problems. The Governor’s emphasis on debt repayment is a prudent one. Overall, the Governor’s proposal would place California on an even stronger fiscal footing, continuing California’s budgetary progress.

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Effects of a Fifeteen Dollar an Hour Minimum Wage in the City of Los Angeles

Los Angeles workers would receive $7.6 billion more a year in pay with a $15 minimum wage.

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Filming On-Location in Los Angeles: 1993-2013

FilmL.A.’s 20 year retrospective on local film production analyzes patterns of growth and decline in local filming brought about by developments in the U.S. domestic film, television and commercial production market. The report includes a detailed examination of filming trends across nine distinct project categories, with guidance on data interpretation for lay audiences.

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Survey of Current Business

In this issue, the Regional Quarterly Report takes a look at state personal income for the third quarter of 2013. Growth slowed in 25 states, accelerated in 22 states, and was unchanged in 3 states and the District of Columbia. On average, state personal income rose 1.1 percent in the third quarter, compared with 1.2 percent in the second quarter.

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