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Manufacturing Still Matters
Milken Institute Study shows that state is neglecting critical engine
of economic growth
» CMTA Release:  CMTA.net/pressreleases
» CMTA Summary:  download pdf
» Full Milken Report:  download pdf
» Milken data points:   Milkeninstitute.org/manufacturing
» LA Times:  "Losses of factory jobs in California blamed on regulation" 
» SF Chronicle:   "California manufacturing jobs cross state lines"





State to issue IOUs
July 2 – Despite a whirlwind of activity over the past few days including a variety of negotiations, reported deals, blown up deals and Governor vetoes, the state’s deadline (June 30th) to avoid the issuance of IOU’s went by without a deal.

As such, beginning July 2nd, the state will begin issuing registered warrants (IOUs).  Payment categories protected by the State Constitution, federal law and court decisions will receive regular payments in July. This includes payments to education, debt service, state payroll, pensions, In-Home Supportive Services and Medi-Cal providers. All other general fund payments will be paid with IOUs. This includes payments to local governments for social services, private contractors, state vendors, income and corporate tax refunds, an ... » More


Latest Capitol Updates »Archive
» Carbon labeling  July 2
» CTE aerospace program passes another committee  July 2
» Don't miss Assembly hearing on CMTA's recently commissioned manufacturing report  June 29
» Monday morning State Budget update  June 29
» Sunday evening update on budget  June 28
» UC Berkeley study illustrates detrimental impacts of AB 32 on jobs  June 26
» Budget – blow by blow  June 26
» Employment training fund may be raided  June 26
» Cool car regulations  June 26
» Budget Update: Budget Conference Committee Adopts Tax increases  June 17
» California Tax Commission – Business Net Receipts Tax  June 12
» Standards Board to Vote on New Emergency Regulations for Outdoor Heat  June 12


Latest Feature »Archive
» Offshore energy development offers California an opportunity by Jack M. Stewart April 15

Latest Release »Archive
» Report: Manufacturing STILL Matters in California June 23

Latest NAM update »Archive
» July 14 Deadline: Dept of Energy Stimulus Funding July 2

Recent Multimedia »Archive
» CMTA President Jack Stewart discusses economic stimulus on Fox News Radio affiliate KPAY Dec. 19
Listen (mp3 file)
  



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Blogging California's manufacturing and competitiveness

» Statewide media covers Milken manufacturing report, Gino DiCaro, June 26

» Manufacturing STILL Matters in California, Gino DiCaro, June 24



State news - July 2
California will soon be using Indonesian LNG – Energy consumers in California will soon be using Indonesian natural gas after the start-up of the Tangguh liquefied natural gas project in the ...   Staff in the Reuters

EPA ready to settle Bay Area pesticide suit – The suit alleges that the EPA failed to comply with the Endangered Species Act. The act requires federal agencies to ensure that their decisions ...  Jane Kay in the San Francisco Chron.

Rival states hope California's economic woes will send businesses their way – California's budget crisis is turning into a worldwide spectacle that could harm the state's business climate – and chase companies away. Rival ...  Dale Kasler in the Sacramento Bee

Villaraigosa says he will focus on economy, environment in second term – Los Angeles Mayor Antonio Villaraigosa on Wednesday unveiled a second-term agenda dominated by plans for shoring up the economy and cleaning the ...  Phil Willon David Zahniser and Maeve Reston in the L.A. Times


Commentary - July 2
Give the cold shoulder to climate bill – After narrow approval in the House, the so-called cap-and-trade bill to curb global warming deserves to die in the U.S. Senate. The Waxman-Markey ...   Editorial in the Orange County Reg.

Ending the employees vs. services battle – Can we provide government services more economically to taxpayers? Absolutely! Can we do this without cutting government employees pay? The answer to ...  Jon Coupal in the L.A. Times


National news - July 2
Unemployment: 9.5%; Obama says he's 'deeply concerned' – The nation's unemployment rolls swelled by 467,000 in June, reversing a recent trend of slowing job losses and raising questions about a widely ...   Paul Davidson in the USA Today

Complete coverage