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Statewide Business Community Supports Retail Theft Legislative Package as Part of Comprehensive Approach to Crisis

The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state....
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
The diverse and broad-based California business community has issued the following statement today in response to the newly announced partnership between the State of California and NVIDIA
The statewide business community commends Governor Gavin Newsom and the California Legislature for the passage and signing of a series of bills designed to address the ongoing retail theft crisis affecting businesses across the state.
A recent Los Angeles Times editorial completely misrepresented the root causes and attempted to cast blame in the wrong place. This is the same tactic the governor and Legislature have been using to try to displace the blame, but the facts speak for themselves.
The Roundtable looks forward to working to implement key elements of Prop. 1 as part of a larger solution.

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Latest on what is driving California’s economy, job growth, and other key indicators. Get updates straight to your inbox at [email protected]

Special Report: Economic Importance of Trade & the Ports to Southern California: Phase I Report: Baseline Economic & Fiscal Impacts

The Ports of Long Beach (POLB) and Los Angeles (POLA) are the core of the largest trade complex in North America. More than 3 million jobs nationwide are supported by the two ports and nearly 230,000 jobs in the region....
Dominated by the surge in imports, total trade through the state’s ports rose $8.4 billion (13.3%) compared to April 2023. On a nominal basis, total trade through the state’s ports in the first 4 months of the year was 8.3% higher than the same period in 2023, and only $10 billion below the level reached in 2022.
In March, California continued its energy cost trifecta with the highest residential, commercial, and industrial electricity prices among the contiguous states. These rankings join the highest cost postings for gasoline and diesel as well.
The US Bureau of Economic Analysis recent release of a new series tracking the economic contributions of R&D activities in each of the states provides a timely data base to evaluate proposals in the May Revise related to business tax credits.
Most responses to the May Revise have appropriately focused on the revenue effects coming from the state’s extreme reliance on the tax returns of a relatively small number of high-income taxpayers.
Both the nonfarm job and employment numbers showed positive gains in April, but at relatively modest levels. Nonfarm jobs rose by 5,200, and were not strong enough to even offset the 10,100 downward adjustment to the March gains.
The Ports of Long Beach (POLB) and Los Angeles (POLA) are the core of the largest trade complex in North America. More than 3 million jobs nationwide are supported by the two ports and nearly 230,000 jobs in the region.