California economy is now the fourth largest in the world, bigger than Japan

According to preliminary data from the U.S. Bureau of Economic Analysis, California's economy is now the fourth largest in the world, surpassing Japan. Data from the International Monetary Fund and the U.S. Bureau of Economic Analysis shows California's GDP at $4.1 trillion compared with Japan's $4.02 trillion. Only the rest of the United States, China and Germany have higher GDPs. "California isn't just keeping pace with the world -- we're setting the pace. Our economy is thriving because we invest in people, prioritize sustainability, and believe in the power of innovation," California Gov. Gavin Newsom said. "And, while we celebrate...