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.
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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.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Wednesday, June 15, 2016
California Is The World's Sixth Largest Economy, Overtaking France
Posted By Milton Recht
From BloombergPolitics, "California Overtakes France to Become Sixth-Largest Economy" by Alison Vekshin:
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