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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 of Japan (4.070
Real GDP growth rate by U.S. state in 2021 according to the U.S. Bureau of Economic Analysis This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices.
Articles relating to the economy of California, the largest in the United States, boasting a $3.2 trillion gross state product (GSP) as of 2019. If California were a sovereign nation (2019), it would rank as the world's fifth largest economy , ahead of India and behind Germany .
They cite the economic data released by the federal government last week, showing the economy contracted for the second straight quarter. That has long been considered the definition of a recession.
WalletHub ranked all 50 states in the U.S. based on economic activity, health and potential. California’s economy is among the best in the nation, new study reveals. Who’s No. 1?
The California economy has been in a gradual slowdown over the last two years, Petek said. New job creation has largely been in government and healthcare sectors, with the state reporting about 25 ...
California's economy is the largest of any U.S. state, with a $4.0 trillion gross state product as of 2024. [14] It is the largest sub-national economy in the world. California's agricultural industry has the highest output of any U.S. state, [15] [16] [17] and is led by its dairy, almonds, and grapes. [18]
The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [1] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."