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The economy of the State of California is the largest in the United States, with a $3.987 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 fifth largest economy , behind Japan and ahead of India (3.937 trillion).
Agriculture in California. California produces almonds worth $5.3 billion every year. That is 100% of commercial almonds in the United States, 100% of all of North America, and 80% of commercial almonds around the world. Agriculture is a significant sector in California's economy, producing nearly US$ 50 billion in revenue in 2018.
t. e. The California gold rush (1848–1855) was a gold rush that began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. [ 1] The news of gold brought approximately 300,000 people to California from the rest of the United States and abroad. [ 2] The sudden influx of gold into the money supply ...
There were no jobs,” under Trump, Biden said. He recalled how unemployment jumped during the pandemic. The rate hit 14.8% in April 2020, but bounced back quickly and was 6.4% in January 2021 ...
California, though, should continue to have an unemployment rate higher than the national average, the forecast said. That rate averaged 4.2% last year and is expected to climb to 4.6% this year ...
The California Economic Strategy Panel uses employment and wage information reported by employers, along with these regions, for public policy-making, planning, and program administration. Other agencies, specifically including the California Public Utilities Commission and the California Board of Registered Nursing , also provide reports for ...
Here’s what a recession is like — or would be like: Jobs. They become harder to get and layoffs increase. So far, the picture is mixed. California’s June unemployment rate was 4.2% ...
Mortgage rates last week for a 30-year fixed rate loan averaged 6.87%, according to Freddie Mac, which tracks rates. The average rate during the week in January 2017 when Trump took office. was 4. ...
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