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California surpasses France as world's 6th largest economy


Luiz

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California is now the sixth largest economy in the world, surpassing France thanks to a robust state economy and the strength of the U.S. dollar.

California was the world's eighth-largest economy as of last year, according to Irena Asmundson, chief economist of the California Department of Finance.

The nation's most populous state has outpaced the rest of the U.S. on job growth. Its gross state product was $2.46 trillion, with 4.1 percent of state growth this year in real terms, according to the state's finance department.

Nationally, gross domestic product grew by 2.4 percent in 2015. Growth slowed to 0.8 percent in the first quarter of 2016.

http://www.cnbc.com/2016/06/17/california-surpasses-france-as-worlds-6th-largest-economy.html

I disapprove of what you say, but will defend to the death your right to say it.
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RAMROD

Whoa! My state's economy is better than a country's in Europe, when will yours? :poot:

Is France economy that slow? Wow!

(ノ◕ヮ◕)ノ✧*:・゚ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸`*) ♡♡♡
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LaMaisonGaga
1 minute ago, RAMROD said:

Whoa! My state's economy is better than a country's in Europe, when will yours?

Is France economy that slow? Wow!

At least France isn't in a drought :gaycat: 

lamaisongaga.com
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RAMROD
Just now, ARTPOPthatbooty said:

At least France isn't in a drought :gaycat: 

We are not in drought anymore either :poot:

(ノ◕ヮ◕)ノ✧*:・゚ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸`*) ♡♡♡
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Killa

Gaga ha bank account has no limits. She must have started paying her taxes there :emma:

When will my flop country thoug

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ItsTommyBitch

Has California finally physically drifted away from the rest of the country? :poot:

私自身もこの世の中も誰もかれもが, どんなに華やかな人生でも, どんなに悲惨な人生でも, いつかは変貌し, 破壊され、消滅してしまう. すべてがもともとこの世に存在しない一瞬の幻想なのだから
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RAMROD
Just now, Killa said:

Gaga ha bank account has no limits. She must have started paying her taxes there :emma:

When will my flop country thoug

Soon, if the rumor is true, Beyonce and Jay will too :poot:

 

(ノ◕ヮ◕)ノ✧*:・゚ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸`*) ♡♡♡
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weed

Do they subtract this from USA's? Or is it just 6th for fun and it's not on the real list?

anyways that's so amazing... Is it Hollywood bringing in all the money?

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FATCAT
1 hour ago, neptugne said:

Do they subtract this from USA's? Or is it just 6th for fun and it's not on the real list?

anyways that's so amazing... Is it Hollywood bringing in all the money?

I'm not @Economy, but it's way beyond Hollywood.

This kitten over here (meow)
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PartySick
1 hour ago, neptugne said:

Do they subtract this from USA's? Or is it just 6th for fun and it's not on the real list?

anyways that's so amazing... Is it Hollywood bringing in all the money?

I'm not sure how it works tbh :duck:

We're the United States and everywhere else in the world, a state is a country. We're just a union with 50 countries (and a few territories) working together lol.

Crazy that we have states that actually surpass other major countries though :flutter:

Spoiler

Thanks, Obama :neyde:

 

Whimsical bitch
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Lord Temptation
17 minutes ago, FATCAT said:

I'm not @Economy, but it's way beyond Hollywood.

****ography, video games, traffic 

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Florian
1 hour ago, RAMROD said:

Whoa! My state's economy is better than a country's in Europe, when will yours? :poot:

Is France economy that slow? Wow!

You can thank the Sillicon Valley and its big actors. France can't compete with all the startup created in this area or the amazing groth of Google, Tesla, etc. California is also topping France at something : inequalities. If you take Hollywood and Silicon Valley off, California is a big mess economically and socially. The poverty rate is quite high, prices are expensive etc.

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Not really relevant but the constant air traffic control strikes (and its effect on travel across the continent) in France are very annoying :emma: . 

I'm sure the other striking unions and whatever are annoying for people too but at least they don't affect us outside France :spin: 

 

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Economy
2 hours ago, neptugne said:

Do they subtract this from USA's? Or is it just 6th for fun and it's not on the real list?

anyways that's so amazing... Is it Hollywood bringing in all the money?

 

1 hour ago, FATCAT said:

I'm not @Economy, but it's way beyond Hollywood.

In economics analysts sometimes like to view things in multiple ways so sometimes they remove a jurisdiction and give its on ranking for analysis

 

But officially its not removed from the US

 

They are merely saying that California on its own is bigger than France now and on its own would be worlds 6th largest

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mr.peter

yay cali, but its so damn expensive to live here :giveup: but couldnt imagine living anywhere else

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