16 mind-blowing facts about California's economy
California is one of the major economic engines of the United States.
With a population of more than 39 million people, the Golden State has the most people of any US state, driving many of the nation's cultural trends. The state has an incredibly diverse economy, with Hollywood, Silicon Valley, manufacturing, and agriculture making significant contributions.
With such a dynamic economy, California is full of mind-blows facts and figures, so here's 15 of them:
California would be the fifth largest economy in the world
The Bay Area ranks 19th in the world in economic activity
Despite its massive GDP, California has been ranked the fourth-best economy in the US
There are nearly 4 million small businesses in California
California produces more than 400 agricultural products
California makes 81% of all US wine
The two major university systems contribute more than $60 billion to the state’s economy
Los Angeles County has the two largest seaports in the US
The film industry added $49 billion to California's economy in 2015.
Ninety percent of workers in Silicon Valley are making less than their equivalents were 20 years ago
California is trying to save $1.5 billion by requiring cities to use electric buses
California's professional sports have combined value of more than $33.5 billion
California is the only state where gas costs over $4 a gallon
The median home value in California is nearly $550,000
Rising sea levels are 10 times larger of a threat to California’s economy than fires or earthquakes
California sold $2.5 billion worth of marijuana last year — but still fell short of expectations