Finance Bulletin

August 2001

Economic Update

California passed the midyear point with mixed economic indicators. Employment growth, construction and real estate activity have all slowed considerably from last year. However, much of the slowdown appears centered in the San Francisco Bay area. Southern California continues to post moderate gains, particularly in employment and real estate.


  Computer Services Slowdown Hits Bay Area Hardest

Monthly Cash Report

Preliminary General Fund agency cash for July was $174 million above the 2001 Budget Act forecast of $3.666 billion.


General Fund Agency Cash
2001-02 Governor's Budget Forecast

2000-01 Comparison of Actual and 2001 Budget Act Forecast 
Agency General Fund Revenues

For more information, please contact the California Department of Finance,
Room 1145, State Capitol, Sacramento, CA or call (916) 323-0648.

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