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Saturday, May 5, 2018

California's Economy Is The 5th-Largest In The World


According to US government data, California's economy is so large, and has grown so quickly, that it is now the fifth-biggest in the world all by itself. Figures released on Friday by the US Department of Commerce put California's effective GDP from 2017 at around $2.747 trillion. It said the state's economy grew by 3.4% in the past year. That growth puts it ahead of the United Kingdom. According to data published last month by the International Monetary Fund, that country has a GDP of $2.625 trillion. According to the Associated Press, California's boom has been especially pronounced because of its thriving tech, entertainment and agricultural industries. https://ift.tt/2JSB2xN http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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