Sign in
Stories
California Sales Tax Decline Amid Economic Shifts
Share
California's High Taxes Driving Wealthy ...
Energy Agenda Hurdles, Tax Stories Ahead
NYC's Economic Population Shifts
Choosing the Right Location for Your Sma...
Overview
API
HdL Companies reported a decline in California's sales tax receipts in 4Q2023, attributed to consumer spending adjustments due to inflation and interest rates. Various sectors, including luxury vehicles and home goods, experienced significant reductions. Despite this, fuel stations may see growth with rising global oil prices.
Ask a question
How could the fluctuating fuel prices and global oil market affect the overall economic landscape in California?
How might the current economic climate continue to influence consumer spending patterns in California?
What strategies could businesses in impacted sectors employ to navigate the changing market conditions?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jan 2024
Feb 2024
Mar 2024
Coverage