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California unemployment rate, 1976–2024. US unemployment rate. The economy of the State of California is the largest in the United States, with a $3.89 trillion gross state product (GSP) as of 2023. [1] It is the largest sub-national economy in the world. If California were a sovereign nation (2024), it would rank in terms of nominal GDP as ...
This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2023. The BEA defined GDP by state as "the sum of value added from all industries ...
California's economy is dependent on trade and international related commerce accounts for about one-quarter of the state's economy, and representing 7% of their GDP; California's biggest trade partner is Mexico. In 2008, California exported $144 billion worth of goods, up from $134 billion in 2007 and $127 billion in 2006.
Consumer price increases in California, which averaged 4% last year, should drop to 2.6 this year. The latest national inflation rate , for the 12 months ending in February, was 3.2%, the federal ...
A national recession would have a milder impact on California than the rest of the nation, a new UCLA Anderson School economic forecast said Wednesday. “In the recession scenario, the California ...
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 ...
12,594,831. • Density. 209.9/km 2 (543.6/sq mi) GDP. • Total. $1.536 trillion (2022) The Northern California megaregion (also Northern California Megalopolis ), distinct from Northern California, is an urbanized region of California consisting of many large cities including San Jose, San Francisco, Sacramento, and Oakland.
Greater Los Angeles is the most populous metropolitan area in the U.S. state of California, encompassing five counties in Southern California extending from Ventura County in the west to San Bernardino County and Riverside County in the east, with Los Angeles County in the center, and Orange County to the southeast.