State Population Declines
According to the latest data from the U.S Census Bureau, California's population continues to decline. Figures released last week showed that the state's resident population was just over 39-million in July, which is a decline of over 113-thousand since July of 2021. This year's number is also down more than a half-million people since July of 2020. Officials with the California Department of Finance told the Sacramento Bee that the shrinking population reflects the state's housing affordability crisis.