Uh-oh

In some work I do for my day job, one of the things I looked at recently was California's GDP vs. the US GDP over time. Two trends emerged: (1) CA GDP is more volatile than the US GDP (2) CA typically leads the country in and out of recessions. With that, this can't be a good sign:

Based on sales tax revenue, it now appears that the California economy is in recession.

I've been saying for a while that the economy is going into the shitter, CA is just getting there first.