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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 ...
California's unemployment rate is now the highest in the country, reaching 5.3% in February following new data that revealed job growth in the nation's most populous state was much lower last year ...
California water comes primarily from snowfall in the Sierra Nevada in the northern part of the state during the relatively short winter from about October to March. The rest of the year typically has very little rainfall or snowfall. California weather is also prone to extended droughts that can last several years. During an average rainfall ...
A Hoover Institution analysis claiming that 96% of California job growth is in ... Any discussion of California's economy limited to periods of a year or two needs to be viewed in relation to the ...
Gov. Gavin Newsom’s outlook for California’s economy: Slow growth, less inflation, but higher unemployment and a lot of uncertainty.
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 ...