A Plastic-Free Ocean Starts on Land

Jenny Flores
Posted by Jenny Flores
Corporate Social Responsibility

Every minute of every day, we dump the equivalent of a garbage truck full of plastic into the ocean. That’s 8 million metric tons of plastic a year.

In response to growing awareness of this crisis, more and more cities across the country are outlawing plastic bags. Manufacturers are starting to seek out more environmentally conscious packaging. At home, though there’s still a long way to go, many of us have made a commitment to reduce our single-use plastic footprint. And, more and more people are taking action by joining in the annual International Coastal Cleanup.

Read More ›

California Economic Outlook: Trade War Fallout

Scott Anderson
Chief Economist

The negative fallout from the U.S.-China trade war is beginning to show up in economic data.

Read More ›

U.S. Outlook: Sleepy Money Market Wakes Up From Its Hibernation

Scott Anderson
Chief Economist

It’s all about bank reserves and the demand for liquidity. This week money market rates went haywire for the first time since the early days of the financial crisis. The overnight repo rate spiked to almost 10.0% on Tuesday, but that wasn’t the only overnight money market rate to shoot higher.

Read More ›

U.S. Outlook: Retail Sales Cool in August

Scott Anderson
Chief Economist

Pull back the lens on August’s U.S. retail sales data and a clear slowdown comes into focus. July retail sales growth was twice as brisk as August sales.

Read More ›