California’s fourth-ranked economy is also tops in unemployment, poverty and deficits

How California’s budget and employment picture can be unhealthy even as the state’s economy continues to grow. Read More

California is now 4th largest economy in the world, new data shows

the state’s economy grew with an average nominal GDP growth of 7.5% from 2021 to 2024. Local perspective: California drives national economic growth, sending over $83 billion more to the ... Read More

Newsom asks Trump to work together on $7.5 billion Hollywood tax credit

The proposal from California Gov. Gavin Newsom (D) came after President Donald Trump called for massive tariffs on films made overseas. Read More

Gavin Newsom Seeks $7.5 Billion Hollywood Aid, Trump Accord

California Governor Gavin Newsom called for federal tax credits of at least $7.5 billion and a partnership with the Donald Trump White House to help bring more filmmaking to the US. Read More

How Trump's tariffs could hurt California's economy

What they're saying: The looming tariffs would "have a profoundly negative impact on working families" and significantly hurt California's economy ... $33.3 billion and imported $61.5 billion ... Read More

California becomes the fourth-largest economy in the world

with a GDP of $4.02 billion. Although in fourth place for the largest economy, California outpaced the three largest economies with a growth rate of 6%. The U.S. economy grew 5.3%, China 2.6% ... Read More

California is now world's 4th largest economy

The state’s economy is growing at a faster rate than the U.S., China and Germany. California’s 2024 growth rate was 6%, outpacing the U.S. with 5.3% ... firms have created new industries ... Read More

California economy is now the world’s 4th-largest. But other measures are grim.

5.3% in the entire U.S., 2.6% in China and 2.9% in Germany. However, the economy of Germany, a powerhouse of manufacturing and engineering, was still about $500 billion larger than California’s ... Read More