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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 ...
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 ...
WalletHub ranked all 50 states in the U.S. based on economic activity, health and potential. California’s economy is among the best in the nation, new study reveals. Who’s No. 1?
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 ...
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 ...
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 ...