Wednesday, January 9, 2013

California Ranked as 9th largest economy in the world

California's Legislative Analyst Mac Taylor just released his 2013 CalFacts listing California's economy ranked as 9th largest in the world with a GDP (gross domestic product) in 2011 of  just under $2 trillion, ranked just behind Italy and in front of Russia.

The next largest economy state is Texas with a 2011 GDP of  $1.3 trillion.


To read the full LAO CAL FACTS visit http://www.lao.ca.gov/reports/2013/calfacts/calfacts_010213.pdf