Key indicators point to a weakening California economy, which typically brings higher unemployment, declining incomes, and rising poverty. A new CBP Policy Points reviews the latest economic indicators and examines what an economic slowdown could mean for California. The CBP's analysis finds that the slowdown in housing has spread to other sectors of the economy, driving up unemployment; consumer spending - a key driver of the economy - has weakened; and proposed state and federal spending cuts could exacerbate the economic slowdown.

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