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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).
Separate employers’ data from the Bureau of Labor Statistics show that more than 70% of the nearly 400,000 payroll jobs added in California between June 2022 and June 2024 have been in just two ...
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.
Website. lacounty.gov. Los Angeles County, officially the County of Los Angeles(Spanish: Condado de Los Ángeles), and sometimes abbreviated as L.A. County, is the most populous countyin the United States, with 9,861,224 residents estimated in 2022. Its population is greater than that of 40 individual U.S. states.
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 Governor's Office of Business and Economic Development (GO-Biz) was created by Governor Edmund G. Brown Jr. in 2012. GO-Biz serves as the State of California's leader for job growth and economic development efforts. GO-Biz offers a range of services to business owners, including attraction, retention and expansion services, site selection ...
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 ...