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March 2016
  • 5.6%
    CA Unemployment
  • -0.1%
    One Month Change
  • -1.1%
    Year Over Year
  • 5.1%
    US Unemployment

April 29, 2016
The slow price gains were accompanied by rising incomes and a savings rate that matched the highest level since 2012, suggesting caution on the part of consumers despite a robust labor market.
April 29, 2016
"Consumer spending rose just 0.1% in March, down from an upwardly revised 0.2% increase the previous month, the Commerce Department said Friday. The latest figure was below economists' forecasts. But personal income increased more than expected. Incomes rose 0.4% last month, up from a downwardly revised 0.1% gain in February. Consumers opted to save more of their higher income instead of spend it amid concerns about the U.S. economy."
April 28, 2016
The U.S. economy stumbled out of the gate in 2016 as consumers and businesses showed renewed signs of caution, underscoring the uneven growth that has been a hallmark of the nearly seven-year expansion.
April 22, 2016
California, whose state budget is highly dependent on volatile income taxes, is the least able big state to withstand a recession, according to a “stress test” conducted by Moody’s Investor Service.
April 22, 2016
"Southern California continues to have the highest gas prices in the country by far, with price averages in local metro areas hovering about 20 cents above the $2.60 state average price for Hawaii," said Auto Club spokesman Jeffrey Spring.  . . California pretty much relies on 14 in-state refineries for gas made to meet state smog standards. When one or more is down or even producing fuel at less than full capacity, your wallets suffer.



April 29, 2016 / Jim Puzzanghera

April 29, 2016 / ANNA LOUIE SUSSMAN