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The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the world's fourth largest economy, behind Germany and ahead
The US Forest Service administers 20 million acres or approximately one-fifth of California's landscape. Sierra Pacific Industries, based in Redding, California, owns and manages roughly 1.4 million acres (5,700 km 2) of forestland in California, making it the largest private forest owner in the state.
After 1900, California continued to grow rapidly and soon became an agricultural and industrial power. The economy was widely based on specialty agriculture, oil, tourism, shipping, film, and after 1940 advanced technology such as aerospace and electronics industries – along with a significant military presence.
According to the Bureau of Labor Statistics, consulting is also growing fast, with the industry estimated to increase by 13.5% between 2021 and 2031. While you can be a consultant for nearly any ...
At the turn of the 21st century, California growers were farming more than 36,000 acres of asparagus. Now, fewer than 3,000 acres are in production in the state for commercial sale. These are the ...
Here's a look at the 10 fastest-growing industries. See which ones make sense to include in your investing strategy, to get in on the high upsides. 10 Best Growing Industries To Invest in for 2024
California has more certified organic farms than any other state. In 2016, more than a million acres in the state were certified organic. [187] CA grows 90% or more of the U.S. production of Organic almonds, artichokes, avocados, broccoli, cauliflower, celery, dates, figs, grapes, strawberries, lemons, lettuce, plums, and walnuts. [188]
California drought status, July 19, 2016. California suffered a severe drought from 2011 to 2017. In addition to economic consequences for the state's almond growers, the industry came under criticism for its water use. As of 2015, almond cultivation consumed about 10% of the state's water. [12]