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 ...

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 ...

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 ...

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).

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.

Projecting California’s 2025 economy is like reviewing a movie sequel with familiar combatants. The upcoming, second-edition Donald Trump presidency again pits a pro-business force against a pro ...

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 ...

California's economic downturns of the 1980s, 1990s, 2000s and the Great Recession were all preceded by sharp increases in interest rates.

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. 66°F.