Tuesday, December 23, 2008

Latest Population Estimates

Yesterday, the U.S. Census released its latest population estimates for 2008.

Census estimates the state's 2008 population at 36.75 million with annual growth below 400,000 for six consecutive years.

The California Department of Finance (DOF) recently released a 2008 estimate of 38.15 million.

I trust the Census estimates more than DOF, but the truth may be somewhere in between. I wonder if this 1.4 million population estimate gap is part of the reason the state is continuously surprised by how little tax revenue is coming in.

Of course, I can't resist pointing out that the PPIC/UC-Davis Delta research team is standing by their 39 million estimate of the state's 2008 population.

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