Wednesday, June 15, 2016

California Is The World's Sixth Largest Economy, Overtaking France

From BloombergPolitics, "California Overtakes France to Become Sixth-Largest Economy" by Alison Vekshin:
California has overtaken France as the world’s sixth-largest economy, fueled by strong growth and the U.S. dollar’s gains against foreign currencies, state data released Tuesday show.
California Is The World's Sixth Largest Economy: Chart
Source: BloombergPolitics

California grew by 4.1 percent in 2015, compared with a 2.4 percent increase for the U.S. and 1.1 percent for France, Asmundson said.

Last year, California created the most jobs of any state, more than the second- and third-most-populous states Florida and Texas combined.

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