California has the largest state economy in the United States with a nominal Gross domestic product (GDP) of approximately $3.9 million in 2023, reported the U.S. Bureau of Economic Analysis. Last year, the state had a growth rate of 6.1%, making it the fifth-largest economy in the world for the seventh consecutive year, the economic analysts stated. The state experienced increases in the tourism industry, population growth, fast food jobs, and profits for Fortune 500 companies, Gov. Gavin Newsom announced last week.

The post California Economy is Leading the Nation, Newsom Announces first appeared on Post News Group.