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  2. Thanks to Hollywood, Silicon Valley, manufacturing, and agricultural industries, California is one of the major economic engines of the United States. There are over four million small local businesses here that employ nearly 50 percent of the state’s workforce.

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  3. In 2023, the finance, insurance, real estate, rental, and leasing industry added the most value to California's gross domestic product, adding 577.27 billion chained 2017 U.S. dollars....

  4. As both the most populous US state and one of the most climatologically diverse states, the economy of California is varied, with many sizable sectors. The most dominant of these sectors include finance , business services , government and manufacturing .

  5. The state's three largest industry sectors in terms of GDP – finance and insurance; trade, transportation, and utilities; and professional and business services – also provide a foundation to other industry sectors, including manufacturing and information.

  6. Aug 30, 2023 · Discover the current state of California's economy, including its growth, unemployment rate, and key industries. Get insights from government data provided by the Bureau of Economic Analysis and the Bureau of Labor Statistics.

  7. California includes the following metropolitan areas for which an Economy At A Glance table is available: Bakersfield-Delano, CA. Chico, CA. El Centro, CA. Fresno, CA. Hanford-Corcoran, CA. Los Angeles-Long Beach-Glendale, CA (Metropolitan Division)

  8. California had a $3.1 trillion economy in 2019. Compared to GDP of nations, this ranks California’s 2019 GDP as 5th largest in the world.1. Real GDP increased in all 50 states (6.4%) in the first quarter of 2021. California real GDP in the first quarter of 2021 was 6.3%.2.

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