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California Is Stuck in 1st Gear

Wall Street Journal Original article ›

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California's unemployment rate reached 12.6% in April 2010. California's economy is a large factor in the US economy, with 13% of economic output according to the state Dept of Finance. It faces a $19 billion budget deficit through June 2011. California's construction industry declined 14.3% for the year ending April 2010 and this is slow to recover. This affects the national recovery.

California Budget Crisis

01/14/2010

Grouped Articles

Brown Set for Victory in California Budget Fight

Wall Street Journal 06/12/2013

California Is Stuck in 1st Gear

Wall Street Journal 06/08/2010

California Budget Plan Incorporates Governor's Goals

Wall Street Journal 10/07/2010

California Governor Signs Budget; $7.5B in Spending Cuts

Wall Street Journal 10/09/2010

Blizzard of California Notes, Bonds Set to Begin

Wall Street Journal 10/22/2010

More Money, Less Juice

Wall Street Journal 10/23/2010

State budgets in the U.S. as the economic crisis hits states hard in 2009.

07/03/2009

California is down to issuing warrants or i.o.u.'s to pay taxpayers, local governments and vendors. Other state governments face difficult situations.

Grouped Articles

Brown Set for Victory in California Budget Fight

Wall Street Journal 06/12/2013

To Add Jobs, Revive Revenue Sharing

New York Times 08/28/2010

Coffers Empty, California Pays With I.O.U.’s

New York Times 07/03/2009

Eighty Years After the Great Crash -- 'Is It the '30s Again?'

Wall Street Journal 10/18/2009

8 Arrested in Protest at Berkeley Chancellor’s Home

New York Times 12/13/2009

State, Local Tax Revenues Decline 7%

Wall Street Journal 12/30/2009

U.S. Regional economies- the Bay area of California.

12/24/2009

Grouped Articles

The economic performance of cities: Following the sun

Economist 05/16/2013

Auto Suppliers Face an Uncertain Life After Nummi

Wall Street Journal 12/24/2009

Cal's Reich on the Local Economy -- And His Own Struggles Navigating It

Wall Street Journal 12/24/2009

Recession Helps Empty the Region's Office Space

Wall Street Journal 12/24/2009

Arnold's Last Yodel

New York Times 01/14/2010

Economy Faces a Long Road to Recovery

Wall Street Journal 02/11/2010

U.S. Regional Economies- California.

01/14/2010

Grouped Articles

The economic performance of cities: Following the sun

Economist 05/16/2013

Arnold's Last Yodel

New York Times 01/14/2010

Economy Faces a Long Road to Recovery

Wall Street Journal 02/11/2010

Can Jerry Brown Cut California Down to Size?

BusinessWeek 06/02/2010

California Is Stuck in 1st Gear

Wall Street Journal 06/08/2010

California's Building Bust Choking Off Jobs

Wall Street Journal 07/29/2010


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