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Consumer Goods Lead Inflation To Near Historic Peak of 7.5%
Consumer Goods Lead Inflation To Near Historic Peak of 7.5%

Groceries and Consumer Price Inflation has led to a near historic inflation rate while the monetary policy the world has been following leaves few easy options for taming inflation…

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EconomyJeff GibsonFebruary 11, 2022
California Urged To Come Up With Plan Soon For Historic Budget Surplus
California Urged To Come Up With Plan Soon For Historic Budget Surplus

Several voices in Sacramento, including the legislative analyst and elected officials have ideas for the state’s historic $45.7 billion budget surplus.

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Economy, Policy, SpendingJeff GibsonFebruary 7, 2022Employment California
467,000 New American Jobs Created In January 2022 Easily Topping Expectations
467,000 New American Jobs Created In January 2022 Easily Topping Expectations

US Employers Filled 467,000 Jobs In January 2022 Topping Expectations Of Slowing Job Creation

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EconomyJeff GibsonFebruary 4, 2022National News
Nearly 400,000 Workers Enter California Labor Force In 2021
Nearly 400,000 Workers Enter California Labor Force In 2021

California’s labor market gained nearly 400,000 workers in 2021 to top out at over 19,074,000 according to California EDD the state agency that tracks employment data.

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EconomyJeff GibsonFebruary 4, 2022Employment California
Economy Producing Jobs At Historic Rate, Still Months If Not Longer To Full Recovery
Economy Producing Jobs At Historic Rate, Still Months If Not Longer To Full Recovery

While the economy produced 1.83 million jobs since June 1, there are millions more left to create to recover America’s pre-lockdown economic trajectory according to Obama era official.

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EconomyJeff GibsonAugust 6, 2021
Surging Inflation Is Very Real, Could Be Short Lived Says Former Fed Governor
Surging Inflation Is Very Real, Could Be Short Lived Says Former Fed Governor

Surging inflation while very real could be a short lived component of restarting a shutdown national economy being challenged by pent up demand, travel, and historic supply disruptions according to a former Fed Governor

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EconomyJeff GibsonAugust 5, 2021
Port of LA Outgrows Freight Volume In United States By A Stunning 48%
Port of LA Outgrows Freight Volume In United States By A Stunning 48%

LA Port Outpaces Freight Volume Growth Nationally By 48%

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Jeff GibsonJuly 21, 2021Economy, Trade, POLA
Shortest Recession In History... Back To Work... Hopefully!
Shortest Recession In History... Back To Work... Hopefully!

…the sterling achievement of the American economy was to weather all of that with the shortest recession ever recorded, officially just two months

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Jeff GibsonJuly 20, 2021Recovery, Recession, Economy
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