@CalRoundtable

The California Business Roundtable is a non-partisan organization comprised of the senior executive leadership of the major California employers.

cbrt.org
Joined April 2012
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  • Following989
  • Followers2.1K
244Media
WHAT THEY’RE SAYING: @CalRoundtable President Rob Lapsley on the benefits to businesses in today’s economy. Read more: sco.ca.gov/eo_pressrel_27489… #CABudget #CALeg
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California is the 5th Largest Economy. Read more in our Data in a Minute post unearth.createsend.com/campa…
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🚨NEWS: According to today’s IMF release and last week’s report from US Bureau of Economic Analysis, CA fell back to 5th largest economy. In addition, the updated IMF data shows California was also 5th largest in 2024 rather than the 4th largest.  More coming soon.
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Assembly Bill 1157 would expand failed rent control policies and reduce housing for California's working families. We need real solutions to fix the #Affordability crisis. #NOonAB1157 #Caleg
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And on nonfarm #jobs specifically: Year to date, the preliminary November numbers show California essentially stagnant, with a loss of 7,500 jobs. Since January 2024, California has grown only 14,900 jobs, while the US as a whole has expanded by 2.5 million.
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In the first half of this week’s episode, we sit down with @CalRoundtable President Rob Lapsley to talk redistricting, the challenges of doing business in California, and more 💼 Now streaming wherever you get your podcasts! 🎙️ #redistricting #california #politics #business
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Join us for our Maddy Associates Luncheon on July 9 for an engaging discussion with Rob Lapsley, President of the @CalRoundtable, on the state's regulatory environment and the impact it has on businesses.
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Center for Jobs President @brookearmour spoke to @KTVU yesterday on California’s risk of dropping to the 6th largest economy. Watch to hear what lawmakers can do to combat California’s dropping GDP. ktvu.com/video/1436411

Report: California risks slip to 6th largest world economy | KTVU FOX 2

California currently ranks as the 5th largest economy in the world in terms of gross domestic product, generating more than $3.8 trillion in 2023. However, according to a new report from The Center...

ktvu.com
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With post-pandemic job growth lagging behind other states, California's unemployment rate continues to rise steadily. What factors are driving this trend? Explore the insights in our February Employment Report. centerforjobs.org/ca/job-rep…
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CA is already in $18 BILLION of unemployment debt. We should be paying back our debt rather than subsidizing strikes. Join @BizFed in opposing @Portantino's #SB799. @BayAreaCouncil @calasiancc @CalRoundtable @lance_hastings @cmta @LAAreaChamber @NAIOPSoCal @Caltrux @chrisshimoda
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#ACA13 faces a critical vote in the #CaliforniaLegislature today. This proposed California constitutional amendment tips the balance against voters on tax ballot measures: advocacy.calchamber.com/2023…

News and Media

The latest decisions, debates, and policies affecting how California business does business.

advocacy.calchamber.com
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LA will see a major economic boom from Taylor Swift's Eras Tour. Cities hosting Swift on tour this year have reported revitalizing effects on local tourism industries still struggling from the effects of the pandemic. Read the full report here. @taylorswift13 #ErasTourLA

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🚈💺#MakingCA @CNBC visited 2 of the largest passenger rail car manufacturers, with one in our backyard! @SiemensMobility has made more than 3,000 locomotives, passenger coaches & light rail cars in Sacramento. How our member is ramping up production: youtu.be/gAsRvSveOxI
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President and CEO of CMTA @lance_hastings released this statement after AB 52 (@AsmGrayson) passed through the Assembly Floor. #AB52 is a tax credit for purchasing qualified manufacturing and R&D equipment. #MakingCA #CaLeg
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Shoutout to Chair @ChrisHoldenNews for approving @BizFed supported #AB376 by @AsmVillapudua to strengthen CA’s supply chain and trucking workforce. Now, on to the Assembly floor!
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SPECIAL REPORT: Was California the 4th Largest Economy in the World in 2022?

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Labor has been filling positions at the Ports of Los Angeles and Long Beach, and work at the terminals has resumed.
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A sold out OCBC 2023 Sacramento Advocacy Trip ensured OC's voice of business was heard loud and clear! Thank you to all of our speakers for meeting with us, and thank you to our sponsors for your support!
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.@GavinNewsom last year committed $750M to pay down the debt, but now wants to withdraw it to help plug a deficit.State leaders "are making a decision for the entire statewide business community where they have no input,” Lapsley of @CalRoundtable told me news.bloomberglaw.com/daily-…

Newsom Irks Employers by Nixing California Unemployment Payment

California Gov. Gavin Newsom (D) proposes to cancel a planned $750 million payment to the US Treasury to pay back what it borrowed during the pandemic, when the state doled out billions of dollars in...

news.bloomberglaw.com
Kevin McCarthy
@SpeakerMcCarthy1 Feb 2023
California had a nearly $100B surplus—a stat previously touted by Governor Newsom. Yet, CA is one of only 4 states that has failed to repay its debt, leaving hardworking Californians to foot the bill. I commend @JayObernolte and the CA GOP for holding Newsom accountable.
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A study by @nationalgridus shows that "electrifying a typical highway gas station will require as much power as a professional sports stadium [...] the projected power needs for a big truck stop by 2035 will equal that of a small town." bloomberg.com/news/articles/… via @business
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