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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 ...
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
According to the LAO, California entered an economic downturn last year, with the number of unemployed workers jumping nearly 200,000 since the summer of 2022, raising the unemployment rate from 3 ...
Consumer price increases in California, which averaged 4% last year, should drop to 2.6 this year. The latest national inflation rate , for the 12 months ending in February, was 3.2%, the federal ...
New economic data puts the California economy at $2.747 trillion — bigger than most nations. The ranking puts in fifth in the world, just ahead of the United Kingdom, which is on $2.625 trillion.
The following is a list of California locations by income. California had a per capita income of $29,906 during the five-year period comprising years 2010 through 2014. About every third county and every third place in California had per capita incomes above the state average. Though somewhat counterintuitive, this implies that counties and ...
The California Legislative Analyst’s Office estimates a $68 billion budget problem facing the Legislature next year. Delaying action is not an option. California has lost 25% of income taxes.