https://padlet.com/andresespinoza946/dpls1sirbk35 Made with serendipity en-us 2018-06-07 17:45:48 UTC 2025-10-23 22:54:15 UTC hello@padlet.com andresespinoza946 https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266429215 I chose to do it on how California became the fifth largest economy surpassing the United Kingdom in the beginning of 2018.]]> 2018-06-09 20:05:13 UTC https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266429215 andresespinoza946 https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266429620 California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said. Meanwhile, the UK’s economic output slightly shrunk over that time when measured in U.S. dollars, due in part to exchange rate fluctuations.

]]> 2018-06-09 20:15:08 UTC https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266429620 andresespinoza946 https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266429642 The data demonstrate the sheer immensity of California’s economy, home to nearly 40 million people, a thriving technology sector in Silicon Valley, the world’s entertainment capital in Hollywood and the nation’s salad bowl in the Central Valley agricultural heartland. It also reflects a substantial turnaround since the Great Recession.]]> 2018-06-09 20:15:41 UTC https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266429642 andresespinoza946 https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266430217 California’s economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany. The state has 12 percent of the U.S. population but contributed 16 percent of the country’s job growth between 2012 and 2017. Its share of the national economy also grew from 12.8 percent to 14.2 percent over that five-year period, according to state economists. 

The state calculates California’s economic ranking as if it were a country by comparing state-level GDP from the Bureau of Economic Analysis at the U.S. Department of Commerce with global data from the International Monetary Fund.]]> 2018-06-09 20:29:44 UTC https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266430217 andresespinoza946 https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266430297 California’s economic juggernaut is concentrated in coastal metropolises around San Francisco, San Jose, Los Angeles and San Diego.
The non-coastal areas of CA have not generated nearly as much economic growth as the coastal areas.

]]> 2018-06-09 20:31:32 UTC https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266430297 andresespinoza946 https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266430467  I connected on how California became the fifth largest economy  to the great depression because at that time the United States was   Doing good and it’s economy but then  out of nowhere it crashed.  By That saying I think in the future that California might go down and it’s GDP.California last had the world’s fifth largest economy in 2002 but fell as low as 10th in 2012 following the Great Recession. Since then, the largest U.S. state has added 2 million jobs and grown its GDP by $700 billion.]]> 2018-06-09 20:35:00 UTC https://padlet.com/andresespinoza946/dpls1sirbk35/wish/266430467