California in Recession That’s the almost gleeful conclusion in an article in the Washington Examiner last December. Now, it’s true they based that conclusion on a Legislative Analyst’s Office report. However, that conclusion was based on the (inappropriate) use of the (national level) Sahm rule to state level unemployment rates. And as Dr. Sahm has remarked, this is […]
https://econbrowser.com/archiv....es/2024/04/californi