President Trump on Additional Tariffs on $267 Billion of Imports from China

President Trump on Additional Tariffs on $267 Billion of Imports from China

Washington, DC…Today, following seven weeks of public notice, hearings, and extensive opportunities for comment, I directed the United States Trade Representative (USTR) to proceed with placing additional tariffs on roughly $200 billion of imports from China. The tariffs will take effect on September 24, 2018, and be set at a level of 10 percent until […]

Jim Bailey Can Insure Your “Building & Loan” & Help You With All Your Insurance Needs

Jim Bailey Can Insure Your “Building & Loan” & Help You With All Your Insurance Needs

Angels Camp, CA…There’s a new insurance option in town – one with a face many in Calaveras County might find familiar. Jim Bailey, a resident of Murphys, California, has opened his new office at 465 S. Main St in Angels Camp. “When the previous company here made the decision to leave Angels Camp I decided […]

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Household Income Rises to Highest Level Ever & Poverty Drops in Latest Data From the Census Bureau

Washington, DC…The U.S. Census Bureau announced today that real median household income increased by 1.8 percent between 2016 and 2017, while the official poverty rate decreased 0.4 percentage points. At the same time, the number of people without health insurance coverage and the uninsured rate were not statistically different from 2016. Median household income in […]

Calaveras Community Foundation Presents Liz Darby Airola Scholarships for Nursing Students

Calaveras Community Foundation Presents Liz Darby Airola Scholarships for Nursing Students

San Andreas, CA…Calaveras Community Foundation (CCF) presented two scholarships recently to two Columbia College students. Funds were from the Liz Darby Airola Fund for Nursing Students. Each scholarship was in the amount of $500. Columbia College student, Max Golay, was the first awardee. Determined and driven are words that describe Max. His instructors gave glowing […]

Gross Domestic Product: Second Quarter Revised Up to 4.2% as Economy Rolls On

Gross Domestic Product: Second Quarter Revised Up to 4.2% as Economy Rolls On

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent.  The GDP estimate released today is based on more complete source data than […]

Monetary Policy in a Changing Economy ~ By FED Chairman Jerome H. Powell

Monetary Policy in a Changing Economy ~ By FED Chairman Jerome H. Powell

Jackson Hole, Wyoming….Thank you for the opportunity to speak here today. Fifteen years ago, during the period now referred to as the Great Moderation, the topic of this symposium was “Adapting to a Changing Economy.” In opening the proceedings, then-Chairman Alan Greenspan famously declared that “uncertainty is not just an important feature of the monetary […]

Lowe’s Reports Second Quarter Earnings Results & Announces Closing of All Orchard Supply Hardware Stores

Lowe’s Reports Second Quarter Earnings Results & Announces Closing of All Orchard Supply Hardware Stores

Mooresville, NC…Lowe’s Companies, Inc. (NYSE: LOW) today reported net earnings of $1.5 billion and diluted earnings per share of $1.86 for the quarter ended Aug. 3, 2018, which included non-cash pre-tax charges of $230 million further described below, compared to net earnings of $1.4 billion and diluted earnings per share of $1.68 in the second […]

CCWD Awards Two Scholarships Celebrating the Value of Water

CCWD Awards Two Scholarships Celebrating the Value of Water

San Andreas, CA…Each year, the Calaveras County Water District awards two high school seniors with $500 scholarships. The students earn the scholarships by writing an essay about the value of water. The winners of the 2018 CCWD Scholarship Awards are: Claudia Loomis, Angels Camp, who graduated from Bret Harte High School and plans to pursue […]

Interested In Purchasing A Home? Call Judy Today for a Personal Consultation!

Interested In Purchasing A Home?  Call Judy Today for a Personal Consultation!

Arnold, CA…Judy Bettencourt purchased a home in Blue Lake Springs in 2004 and decided to make it her full time residence in 2008. Judy has been helping clients with homeownership since 1998. Besides her desire to help people with their dream of home ownership, she has a passion for the outdoors and enjoys hiking and […]

Jim Bailey Can Insure Your “Building & Loan” & Help You With Almost Any Insurance Need

Jim Bailey Can Insure Your “Building & Loan” & Help You With Almost Any Insurance Need

Angels Camp, CA…There’s a new insurance option in town – one with a face many in Calaveras County might find familiar. Jim Bailey, a resident of Murphys, California, has opened his new office at 465 S. Main St in Angels Camp. “When the previous company here made the decision to leave Angels Camp I decided […]

The Economy 157,000 Jobs in July as Economy Shows Continued Strength

The Economy 157,000 Jobs in July as Economy Shows Continued Strength

Washington, DC…Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, in manufacturing, and in health care and social assistance. Household Survey Data In July, the unemployment rate edged down by 0.1 […]

Calaveras Community Foundation (CCF) Awards Career & Technical Training (C&TT) Scholarships for 2018 Totaling $15,000

Calaveras Community Foundation (CCF) Awards Career & Technical Training (C&TT) Scholarships for 2018 Totaling $15,000

Angels Camp, CA…Calaveras Community Foundation (CCF) awarded Career and Technical Training (C&TT) scholarships to a total of ten high school students during recent award night events. Seven Calaveras High School students, one Bret Harte High student and two Mountain Oaks students will each receive $1,500. Calaveras High School students receiving awards and their fields of […]

Employment Situation Summary for June, 213,000 New Jobs & Unemployment 4%

Employment Situation Summary for June, 213,000 New Jobs & Unemployment 4%

Washington, DC…Total nonfarm payroll employment increased by 213,000 in June, and the unemployment rate rose to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job growth occurred in professional and business services, manufacturing, and health care, while retail trade lost jobs. Household Survey Data. The unemployment rate rose by 0.2 percentage point to […]

Amador-Tuolumne Community Action Agency (ATCAA) Receives Save Mart C.A.R.E.S Grant

Amador-Tuolumne Community Action Agency (ATCAA) Receives Save Mart C.A.R.E.S Grant

Jackson & Sonora, CA….The Save Mart C.A.R.E.S. Foundation Awards $70,000 in Grants in Q2 to Local Non-Profits. One Amador Organization Included. The Save Mart Companies C.A.R.E.S. Foundation is pleased to announce that fourteen organizations throughout California and Northern Nevada received grants. Amador-Tuolumne Community Action Agency $3,500 The Amador-Tuolumne Community Action Agency (ATCAA) helps individuals in […]

RCRC Joins California Delegation at SelectUSA Conference

RCRC Joins California Delegation at SelectUSA Conference

Washington, DC…RCRC partnered with the Governor’s Office of Business and Economic Development (Go-Biz) and other California economic development organizations at the 2018 SelectUSA Investment Summit (Summit) in Washington, D.C. last week. RCRC staff participated in a number of conversations with foreign entities interested in making investments and creating jobs in rural California. More than 3,000 […]

Golf Classic Raises $45,568 for Project HOPE

Golf Classic Raises $45,568 for Project HOPE

Copperopolis, CA…Last week, Adventist Health Sonora’s Foundation held the 22nd annual Golf Classic at Saddle Creek Golf Resort. It was a beautiful day for the 115 golfers who enjoyed 18 holes, lunch and an awards banquet. The tournament and contest winners were: 1st Place Champions/ Score: 51 Team 7A Joe Deleon Mutunga Maithya Axel Gomes […]

Beth Childs/Genna Hurst Scholarship Awarded by Calaveras Community Foundation (CCF)

Beth Childs/Genna Hurst Scholarship Awarded by Calaveras Community Foundation (CCF)

West Point, CA…The Beth E. Childs/Genna Hurst Renewable Scholarship administered by the Calaveras Community Foundation was presented during awards night at Calaveras High School in late May. The 2018 Scholarship Committee selected Corina Mata as the recipient. The Childs/Hurst scholarship is a 4-year $4,000 renewable scholarship awarded annually to a graduating student residing in the […]

Jim Bailey Can Insure Your “Building & Loan” & Help You With Almost Any Insurance Need

Jim Bailey Can Insure Your “Building & Loan” & Help You With Almost Any Insurance Need

Angels Camp, CA…There’s a new insurance option in town – one with a face many in Calaveras County might find familiar. Jim Bailey, a resident of Murphys, California, has taken over the old Angels Camp AAA location at 465 S. Main St in Angels Camp. “AAA made the decision to leave Angels Camp but I […]

New Reports Highlight Continuing Challenges for Social Security and Medicare ~ From Brian J. Tewksbury

New Reports Highlight Continuing Challenges for Social Security and Medicare ~ From Brian J. Tewksbury

Murphys, CA…Most Americans will receive Social Security and Medicare benefits at some point in their lives. For this reason, workers and retirees are concerned about potential program shortfalls that could affect future benefits. Each year, the Trustees of the Social Security and Medicare Trust Funds release lengthy annual reports to Congress that assess the health […]

Federal Reserve Continues Edging Up Interest Rates

Federal Reserve Continues Edging Up Interest Rates

Washington, DC….Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Job gains have been strong, on average, in recent months, and the unemployment rate has declined. Recent data suggest that growth of household […]

Tariff Rates Around World Courtesy of the WTO

Tariff Rates Around World Courtesy of the WTO

Arnold, CA…Since Tariffs have become topic du jour recently we thought many of your like us might be interested in seeing the actual tariff levels around the world and what it might take to actually achieve a level playing field. Click on the image below for the WTO’s interactive tool. The WTO The World Trade […]

Dignity Health President and CEO Bob Diehl Issued the Following Statement Regarding Measure A

Dignity Health President and CEO Bob Diehl Issued the Following Statement Regarding Measure A

San Andreas, CA…“The passage of Measure A affirms a new lease between the Mark Twain Health Care District and Mark Twain Medical Center, which will continue to be affiliated with Dignity Health. Dignity Health continues to be proud to serve the residents of Calaveras County, providing high-quality, accessible health care. We want to thank the […]

223,000 New Jobs in May, Unemployment Drops to 3.8%

223,000 New Jobs in May, Unemployment Drops to 3.8%

Washington, DC…Total nonfarm payroll employment increased by 223,000 in May, and the unemployment rate edged down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, including retail trade, health care, and construction. Household Survey Data The unemployment rate edged down to 3.8 percent in May, […]

Retirement Confidence Improves for Workers, Declines for Retirees in Critical Areas ~ From Brian J. Tewksbury

Retirement Confidence Improves for Workers, Declines for Retirees in Critical Areas  ~ From Brian J. Tewksbury

Murphys, CA…In its 28th annual Retirement Confidence Survey, the Employee Benefit Research Institute (EBRI) discovered that 64% of today’s workers feel very or somewhat confident in having enough money to retire comfortably, up from 60% in 2017. And although far more retirees are very confident in their retirement prospects than workers (32% versus 17%, respectively), […]

GDP at 2.2% in Second Estimate from BEA

GDP at 2.2% in Second Estimate from BEA

Washington, DC…National Income and Product Accounts Gross Domestic Product: First Quarter 2018 (Second Estimate) Corporate Profits: First Quarter 2018 (Preliminary Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the first quarter of 2018 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In […]

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