Mark Zandi warns one-third of US economy is already in a recession — but another third is still growing. Is your state crying, surviving or thriving?

If the American economy is a three-legged stool, one of those legs is broken, the other is wobbly and the final one is holding it all up (for now). That’s how Mark Zandi, chief economist at Moody’s ... Read More

California’s 6% Economic Expansion Tops Global Peers

California’s economy expanded by 6 percent in 2024, outpacing the United States' average of 5.3 percent and leaving major global economies behind. China grew by 2.6 percent, Germany by 2.9 percent, ... Read More

California Just Passed Japan to Become the World’s Fourth-Largest Economy

If California were its own country, it would outrank Japan. The state's economy hit about $4.1 trillion in 2024, sliding past Japan's $4.02 trillion while leaving only the U.S., China, and Germany ... Read More

Mark Zandi warns one-third of the US economy is already in a recession — here are the states at high risk now

In contrast, 16 states including Florida, Texas, Nebraska and Arizona are still expanding ... hold just over a fifth of the country’s economy. In fact, California recently overtook Japan as the fourth ... Read More

39 reasons to cheer California’s economy

Home values, sustainability, imports, growth businesses, workplaces, diversity, auto sales, fun, tourism and innovation. Read More

California tied with Louisiana for highest U.S. poverty rate, think tank reports

An analysis of U.S. Census Bureau data released this week found that 7 million California residents — 17.7% of the population — were living in poverty last year. California was tied with Louisiana in ... Read More

California economy still waiting for a recovery

Gov. Arnold Schwarzenegger declared this week that "the worst is over for California's economy" and predicted happy days ahead, saying, "Our economy is well-positioned to take advantage of the future. Read More