The economies of 36 states, including California, "showed signs of worsening" during the second quarter of this year, according to the Bloomberg Economic Evaluation of States.
Ironically, the on-line article by the international economic reporting organization was published just as California was hit with two major corporate pullbacks.
Comcast announced that it was shutting down its California call centers and Campbell Soups said it was closing its Sacramento plant.
Initially, Comcast cited the state's hostile business climate, but after politicians, including Gov. Jerry Brown, protested, the firm changed its stance. Brown has been touting employment gains and other positive economic news of late, and bad news is widely seen as a negative factor for the multi-billion-dollar tax increase, Proposition 30, that Brown and other Democratic politicians are hoping voters will endorse in November.
Recent polls, including one released Friday by the University of Southern California and the Los Angeles Times, indicate that the measure is favored by just over 50 percent of voters now and would be vulnerable to an opposition campaign.
The Bloomberg survey, dubbed BEES, found that 10 states, mostly those with thriving energy sectors, showed economic improvement during the second quarter while 36 stumbled. The first quarter survey had found 35 states improving.







Latest posts:
About Comments
Reader comments on Sacbee.com are the opinions of the writer, not The Sacramento Bee. If you see an objectionable comment, click the "report abuse" button below it. We will delete comments containing inappropriate links, obscenities, hate speech, and personal attacks. Flagrant or repeat violators will be banned. See more about comments here.