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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).
California's economy is the largest of any US state, with a $4.0 trillion gross state product as of 2024. [20] It is the largest sub-national economy in the world. California's agricultural industry has the highest output of any U.S. state, [21] [22] [23] and is led by its dairy, almonds, and grapes. [24]
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 ...
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?
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 ...
Geography of California. Coordinates: 37°9′58″N 119°26′58″W. Map of California topography and geomorphic provinces. California's major mountain ranges. California is a U.S. state on the western coast of North America. Covering an area of 163,696 sq mi (423,970 km 2 ), California is among the most geographically diverse states.
The economy grew for more than eight straight years in the 1960s and 10 years between late 2009 and February 2020.. He maintained “nobody ever cut taxes like us,” a disputable claim.
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% ...