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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).
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 ...
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.
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'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]
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. ...
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.