The California Bankers Association and Beacon Economics have released a report, “The Economic Impact of Banks: Measuring the Benefits in California,” which examines the critical role banks play in supporting California’s economy and the communities where they do business.

The report is authored by Chris Thornberg, Ph.D., founding partner, and Jordan Levine, economist and director of economic research, at Beacon Economics.
The report examines and identifies a number of direct economic impacts banks have, as well the considerable contributions banks make to California’s economy through what the report’s authors refer to as indirect effects.

To view a list of key findings, please visit the CBA website. You can also view the report here.