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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.
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 ...
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 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 ...
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. ...
On March 20, 1774, Juan Bautista De Anza, leading an exploratory expedition to find a good land route from southern Mexico to Alta California, reached the area today known as Riverside. He, and others in his contingent, described the area as a beautiful place fragrant with rosemary and other herbs, and having rich grasslands for their horses ...