✉news BusinessEconomy first seen 3 d ago, last 1 d ago, peak #2

California confirmed as world's fourth-largest economy

Original: Yes, California, you’re the world’s fourth-largest economy

California has been ranked the world's fourth-largest economy, a standing reiterated in commentary noting the state's economic output now trails only the United States as a whole, China, and Germany. Observers point to the state's technology and entertainment sectors as drivers, though critics highlight its high costs and regulatory burden as ongoing challenges to growth.

Why now: California's economic ranking is being reconfirmed amid ongoing debates about the state's growth, taxes and regulation.

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Evidence

• Yes, California, you’re the world’s fourth-largest economy · East Bay Times
• Yes, California, you’re the world’s fourth-largest economy · Orange County Register

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