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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).
In a grim sign for the state, California is projected to see a $58 billion shortfall in revenue collection over the course of three fiscal years, from 2022-23 to 2024-25, according to a report ...
Gasoline. .California’s prices have been the nation’s highest for some time, peaking at $6.44 for a gallon of regular gasoline in mid-June 2022. Thursday, the average in the state was $4.81 ...
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.
Economy of California. 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. Additionally, California's Silicon Valley is ...
The California Association of Realtors predicts the median home price in the state will go up 6.2% next year to $860,300. This year’s average is $810,000, down 1.5% from 2022. The 2024 ...
California is a state in the Western United States, lying on the American Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and an international border with the Mexican state of Baja California to the south. With 39 million residents across an area of 163,696 square miles (423,970 km 2 ), it is the most populous U.S ...
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% ...