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California passes Japan as fourth largest economy (1 Viewer)

Apple may be based in CA but it has overseas factories and it sells to all over the world. CA just 'steals' it's GDP which should have realistically been spread all over the world.
:ROFLMAO: :ROFLMAO: :ROFLMAO:
 
For all of its negatives, CA is still an economic machine. That they're in constant budget crises with the second highest tax rate is a testament to their incompetent government. What a shame.
 
For all of its negatives, CA is still an economic machine. That they're in constant budget crises with the second highest tax rate is a testament to their incompetent government. What a shame.
When a company loses $1 per widget, now is NOT the time to expand sales or brag about market share.
 
GDP is a measure of economic activity. It's like adding your spending with your expenses. Guess what? It don't mean you made a profit. It just means you have a potential to make a profit.
... lmao what?
 
California's economy has overtaken that of the country of Japan, making the US state the fourth largest global economic force.
Governor Gavin Newsom touted new data from the International Monetary Fund (IMF) and the US Bureau of Economic Analysis showing California's growth. The data shows California's gross domestic product (GDP) hit $4.10 trillion (£3.08 trillion) in 2024, surpassing Japan, which was marked at $4.01 trillion. The state now only trails Germany, China and the US as a whole.
"California isn't just keeping pace with the world - we're setting the pace," Newsom said. The new figures come as Newsom has spoken out against President Donald Trump's tariffs and voiced concern about the future of the state's economy.

California has the largest share of manufacturing and agricultural production in the US. It is also home to leading technological innovation, the centre of the world's entertainment industry and the country's two largest seaports.

Newsom for President.
He should start running now (if he hasn’t already).
 

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