Newsom Says California Is Now the World’s Fourth-Biggest Economy
California Governor Gavin Newsom boasted that his state has become the world’s fourth-largest economy, following only the US, China and Germany in global rankings.
The state’s nominal gross domestic product reached $4.1 trillion last year, edging past Japan’s $4.02 trillion, Newsom said in a statement, citing newly released
International Monetary Fund country-level data and preliminary state
data from the US Bureau of Economic Analysis.
“California isn’t just keeping pace with the world — we’re setting the pace,” Newsom said. “Our economy is thriving because we invest in people, prioritize sustainability and believe in the power of innovation.”
NEWSOM TAKING CREDIT FOR MAKING CALIFORNIA GREAT AGAIN!