California's annual GDP in 2024 surpassed Japan's to become the fourth-largest economy in the world. Gov. Gavin Newsom (right) stands at a lectern with State Attorney General Rob Bonta (left).

California’s economy continued to grow at a fast clip of 6% in 2024, according to data and Newsom’s office. The top three economies in the world all grew at slower rates: 5.3% in the entire U ...

The California economy may seem healthy on the surface, with home prices soaring, Silicon Valley booming and the state government posting big multi-year state budget surpluses thanks to a massive ...

California’s unemployment rate is usually above the U.S. average because of its young and fast-growing work force, but in the early part of the pandemic recovery, the gap was smaller — 4 ...

Gov. Gavin Newsom, who frequently highlighted California’s former status as the world’s fifth-largest economy during public appearances, championed the milestone on Wednesday. “California isn’t just ...

California’s economy continued to grow at a fast clip of 6% in 2024, according to data and Newsom’s office. The top three economies in the world all grew at slower rates: 5.3% in the entire U ...

Although 2022 was a strong year for California’s economy, with impressive job growth, the state’s economic future has become cloudy. Skip to content. All Sections. Subscribe Now. 70°F.

The University of California is a key economic catalyst for the state, generating $46.3 billion in annual economic activity for California and contributing $32.8 billion toward California's gross ...

California last had the world's fifth largest economy in 2002 but fell as low as 10th in 2012 following the Great Recession. Since then, the largest U.S. state has added 2 million jobs and grown ...

Elena ZhukovaUniversity of California. The economic impact study reaffirmed UC as a world leader in innovation, producing an average of five inventions per day. In fiscal year 2019, UC received over ...