Washington, DC…Total nonfarm payroll employment rose by 431,000 in March, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing. This news release presents statistics from two monthly surveys. The household survey measures […]
Modesto, CA…The Save Mart Companies announced that Kingswood Capital Management LP (“Kingswood”) has acquired the company. Kingswood is an operationally- focused private equity firm based in Los Angeles, with significant experience in the retail sector. Terms of the transaction were not disclosed. Headquartered in Modesto, California, The Save Mart Companies is committed to sourcing a […]
Sacramento, CA…The Department of Water Resources (DWR) announced its second phase of funding through the Urban and Multibenefit Drought Relief Grant program. The program will provide financial assistance to 62 projects throughout the state to tackle drought impacts on human health and safety, protect fish and wildlife resources, and support other public benefits, such as ecosystem improvements. […]
New York, NY…S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and […]
Sacramento, CA…Governor Gavin Newsom today announced that he has signed tribal-state gaming compacts between the State of California and the Middletown Rancheria of Pomo Indians of California and the Santa Rosa Rancheria Tachi Yokut Tribe. The new compacts reflect the Governor’s and the Tribes’ mutual commitment to a respectful government-to-government relationship, promoting tribal economic development […]
San Francisco, CA…This week Pacific Gas and Electric Company (PG&E) marks the beginning of spring by offering simple steps to keep energy efficiency in mind during the March Equinox. It’s entirely possible to use both the furnace and air conditioner on any given spring day as temperatures can range dramatically from day to night. Here […]
Washington, DC…Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. The invasion of Ukraine by Russia is causing tremendous human […]
Solano County, CA….Governor Gavin Newsom today visited the state’s disaster logistics warehouse in Solano County to help pack emergency relief supplies for Ukraine. The needed medical aid is being prepared for an upcoming shipment by Direct Relief, a California-based humanitarian aid organization that has been coordinating with the government of Ukraine and on-the-ground partners to […]
Washington, DC…We the Leaders of the Group of Seven (G7) remain resolved to stand with the Ukrainian people and government who heroically resist Russian President Vladimir Putin’s military aggression and war of choice against their sovereign nation. This unprovoked and unjustified attack is causing enormous suffering and a tragic loss of life, including through the […]
Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. Increases in the indexes for gasoline, […]
