Beacon Economics
California’s Share of U.S. Export Trade Slips to 8% as Real Shipment Value Falls
California shipped $16.735 billion in merchandise abroad in May while the rest of the country surged ahead, dropping the state’s share of national...
California Exports Climb 7.7% in April, But Gains Reflect Pre-War Orders, Beacon Economics Says
California’s merchandise exports posted a solid year-over-year gain in April even as the state ceded ground to Texas on both sides of the...
California Exports Climb 4.2% in March as Persian Gulf War Rattles Trade Outlook
The state’s first-quarter export gains mask deeper turbulence as fuel costs surge, Gulf shipments collapse, and California’s share of national export trade slips...
California’s Tech Boom Masks a Shrinking Job Market, Beacon Economics Warns
The Information sector now drives more than 12 percent of state GDP, but hyper-productive Tech companies are generating wealth without generating employment—leaving California...
California’s Export Growth Stalls as EV Industry Collapses and Trade Share Shrinks
State’s merchandise exports rise just 2 percent while national exports surge 14.7 percent, as electric vehicle shipments plummet 74 percent from prior year...
California Export Trade Contracts 2.4% as State’s National Share Drops to 8.4%
Computer and electronics surge 15.9 percent while most major categories decline in September data delayed by Federal shutdown California’s position as an export...
Economic Boom or House of Cards? New Forecast Warns of Fragile U.S. Recovery
Despite robust consumer spending and near-4 percent GDP growth, economists warn that mounting debt, asset bubbles, and labor market strains could trigger a...
Beacon Economics’ 2025 Outlook: Can California Sustain Its Economic Edge Amid Rising Pressures?
California begins the second half of 2025 in a precarious economic position—still the nation’s most powerful state-level economy, yet grappling with fundamental constraints...
AI-Driven Job Losses Pressure California’s Labor Market, Now Second-Highest Unemployment in the Country
California’s labor market is grappling with shifting structural forces, as recent employment figures reveal uneven trends across sectors and regions. According to the...
California Trade Faces Turbulence as March Export Surge Precedes Trump Tariffs
California’s merchandise export trade showed remarkable growth in March, reaching $16.635 billion according to Beacon Economics’ analysis of U.S. Census Bureau data. This...
California Labor Market Contracts in February as Unemployment Rate Remains Among Nation’s Highest
Economic Report from Beacon Economics Shows Mixed Regional Growth Amid Declining Statewide Employment California’s labor market experienced a contraction in February, with total...
California’s Labor Market in Flux: Workforce Growth Surges Amid Employment Adjustments
California’s labor market has undergone a considerable transformation, with the latest annual benchmark revision revealing a much stronger labor force expansion than previously...
