California surpasses France as world's 6th-largest economy :
SAN FRANCISCO: California is currently the sixth-largest economy within the world, surpassing France, due to a sturdy state economy and robust U.S. dollar.
California was the world's eighth-largest economy in 2014, Irena Asmundson, chief social scientist of the California Department of Finance, said in a very phone interview on Friday. "California did exceptionally well in 2015."
France is that the world's seventh-largest economy with a growth domestic product of $2.42 trillion, and India is that the eighth-largest with $2.09 trillion, in line with the newest International money information.
Asmundson said "California is home to various sturdy economies, as well as geographic region and Hollywood. Producing and agriculture have performed well despite a severe drought"
The most thickly settled U.S. state has outpaced the remainder of the country on job growth, California's finance department mentioned in its June bulletin in the week. Gross state product was $2.46 trillion in 2015, with 4.1 % of growth in real terms, it added.
U.S. gross domestic product grew by 2.4 % in 2015. Growth slowed to 0.8 % within the half-moon of 2016.
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