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If the state were considered separately, it would rank as the fifth largest economy in the world, behind rest of the United States, China, Japan, and Germany as of 2017. The state recently overtook the United Kingdom to take the fifth spot. The U.S. Bureau of Economic Analysis reported that California's GDP was $2.751 trillion in 3rd quarter 2017.
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
2023 rank Metropolitan area 2023 2022 2021 2018 2017 2016 2015 2014 2013 2012 Population (2020) [4] 1: New York-Newark-Jersey City, NY-NJ-PA (Metropolitan Statistical Area)
US real GDP increased at an annual rate of 2.8% in the third quarter. Wall Street is bracing for more tech earnings, with Meta due to report after the closing bell.
Real GDP is an example of the distinction between real and nominal values in economics.Nominal gross domestic product is defined as the market value of all final goods produced in a geographical region, usually a country; this depends on the quantities of goods and services produced, and their respective prices.
(Reuters) -The S&P 500 and the Dow hovered at levels seen more than a week ago on Friday, as investors took comfort from data pointing to robust economic activity in the world's biggest economy.
The uptick in activity was largely driven by the services sector. The services component of S&P's report showed the index registered 57 this month, up from 55 in October and the highest level in ...
California's economy is dependent on trade and international related commerce accounts for about one-quarter of the state's economy, and representing 7% of their GDP; California's biggest trade partner is Mexico. In 2008, California exported $144 billion worth of goods, up from $134 billion in 2007 and $127 billion in 2006. [285]