California World’s 6th Largest Economy
World Economy

California World’s 6th Largest Economy

California is now the sixth-largest economy in the world, surpassing France, Reuters reported. California was the world’s eighth-largest economy in 2014, Irena Asmundson, chief economist of the California Department of Finance, said in a phone interview on Friday. France is the world’s seventh-largest economy with a gross domestic product of $2.42 trillion, and India is the eighth-largest with $2.09 trillion, according to the latest International Monetary Fund data. The most populous US state has outpaced the rest of the country on job growth. Gross state product was $2.46 trillion in 2015, with 4.1% of growth in real terms, it added.

Short URL : http://goo.gl/ZDL3Wi
  1. http://goo.gl/3HvUF8
  • http://goo.gl/AejoRd
  • http://goo.gl/0BWXbS
  • http://goo.gl/597kbo
  • http://goo.gl/K0Ko3v

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...