An ominous warning for California economy | CalMatters Commentary | State and Regional

Economic warning signs are rising in California – foreshadowing potentially difficult budget decisions for state officials and policymakers who emerge victorious from the Nov. 8 election.

One particularly surprising statistic: Only nine Golden State-based companies went public in the first three quarters of 2022, compared with 81 in the same period last year, according to an analysis by Bloomberg News.

This article is republished with permission from CalMatters. You can read more coverage from the California state government at CalMatters.org.

Source

Leave a Reply

Your email address will not be published.