CA has faired this well..... New economic data
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Posted On: 02/11/2020 11:20:06 PM
CA has faired this well.....
New economic data puts the California economy at $2.747 trillion — bigger than most nations.
The ranking puts in fifth in the world, just ahead of the United Kingdom, which is on $2.625 trillion. May 5, 2018
And again, for the umpteenth fucking time, because the Federal taxation is redistributive CA single handedly supports many of the less productive Red States.
Also, your computers and your phones don't work without either the chips or the software created in CA, and most of what he U.S and the world watches on TV or sees in the theaters is created there too.
https://www.anderson.ucla.edu/faculty-and-res...iew/ca-gdp
California’s economy grew at a strong clip through July 2019, even as national Gross Domestic Product growth slowed, according to a new economic indicator created by UCLA Anderson Forecast. The indicator, which measures California GDP monthly, reflects continued growth in the state’s large, highly productive technology sector.
The UCLA indicator shows California extending a roughly seven-year run of robust economic growth, even as worries about a national downturn build. Estimates by the UCLA Anderson Forecast that cover July data showed a three-month average GDP growth rate of 4.0% for the state, following 4.1% in the second quarter and 2.7% in the first.
These surprising numbers are driven by rapid growth in high-productivity tech sectors. By contrast, U.S. GDP growth rates dropped to 2% in the second quarter, after a 3.1% growth rate in the first quarter.
New economic data puts the California economy at $2.747 trillion — bigger than most nations.
The ranking puts in fifth in the world, just ahead of the United Kingdom, which is on $2.625 trillion. May 5, 2018
And again, for the umpteenth fucking time, because the Federal taxation is redistributive CA single handedly supports many of the less productive Red States.
Also, your computers and your phones don't work without either the chips or the software created in CA, and most of what he U.S and the world watches on TV or sees in the theaters is created there too.
https://www.anderson.ucla.edu/faculty-and-res...iew/ca-gdp
California’s economy grew at a strong clip through July 2019, even as national Gross Domestic Product growth slowed, according to a new economic indicator created by UCLA Anderson Forecast. The indicator, which measures California GDP monthly, reflects continued growth in the state’s large, highly productive technology sector.
The UCLA indicator shows California extending a roughly seven-year run of robust economic growth, even as worries about a national downturn build. Estimates by the UCLA Anderson Forecast that cover July data showed a three-month average GDP growth rate of 4.0% for the state, following 4.1% in the second quarter and 2.7% in the first.
These surprising numbers are driven by rapid growth in high-productivity tech sectors. By contrast, U.S. GDP growth rates dropped to 2% in the second quarter, after a 3.1% growth rate in the first quarter.
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