Press Coverage

March 3, 2016
by Erik Anderson
KPBS

California is adding jobs and wages are going up, but a new economic review warns a housing shortage could crimp the state's economic growth.

Three new reports from Beacon Economics looked at housing, wages and migration. The studies found California continues to create jobs and attract people from other states. However, the reports also find there is not enough new housing in the pipeline.

A growing population is increasing competition for housing, which is driving up prices. That situation isn't getting any better.

March 3, 2016
by Kelsey Thompson
Housing Wire

So, as it turns out, back in June 2014, California’s labor market finally recovered all of the jobs lost during the Great Recession, according to a report by Next 10.

Next 10, if you've never heard of them, employs research from leading experts on state issues and creates a portfolio of educational materials. They just got around to finalizing the crunching of the data, along with Beacon Economics, which is one of California’s leading economic research and consulting firms.

March 3, 2016
by Elyse Glickman
Los Angeles Business Journal

In spite of the fact that California boasts some of the highest wages in the nation as well as one of the fastest rates of job growth, high housing costs are driving many people out of the state.

The Los Angeles Daily News reported Thursday that a study by Beacon Economics, a Los Angeles research and consulting firm, said 625,000 more U.S. residents left California between 2007 and 2014 than moved into the state. Many former residents ended up in Texas, Oregon, Nevada, Arizona and Washington.

January 2, 2016
by Chris Kirkham
LA Times

California's business climate has been a perpetual target of ridicule.

Out-of-state politicians and critics of the state's regulations have delighted in depicting California as an inhospitable place to do business.

The Golden State perennially ranks at the bottom of national surveys gauging business friendliness. Chief Executive magazine recently called it a "deeply troubled" state, where companies are so over-regulated that "most cannot afford to do business."

December 23, 2015
Central Valley Business Journal

California, long derided as a state with an unfriendly business climate, is getting better in some respects, according to a new survey by the non-partisan group Next 10.

The Next 10 report, prepared by Beacon Economics, rated California fifth in establishment entry rates for new businesses, fourth in job creation rates from new firm growth and fourth total net job creation. California also had the 10th highest entry rate of small businesses with one to four employees, with small firms representing 19.1 percent of new enterprises.

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