U.S. New Home Sales Rise to Highest Level Since 2007

The Wall Street Journal is reporting that sales of newly built homes rose in July to their highest level in nearly a decade, a sign of solid momentum in the U.S. housing market. “New home sales soared again,...

PPIC: Spending on Corrections and Higher Education

California has long been criticized for its growing corrections expenditures, especially as General Fund spending on higher education has declined. The beginning of a new budget year is a good time to examine w...