Bloomberg.com has announced that California’s economy is now larger than Italy or France. California is ranked sixth in the world, with only China, Japan, Germany and the United Kingdom, and of course the United States larger in economic size.
California’s booming economy is bolstered by its rate of growth 4.1% in 2015 in comparison to only 1.1% for France and 2.4% for the United States. While many people claim that the business climate in California inhibits the rate of new job creation in the state, in fact more jobs were created in California than the combination of the next largest states by population, Texas and Florida.
Investors and Business owners that wish to expand their investments, markets and business opportunities need to take a fresh view and travel to California, The Golden State in more then just name.
To view Bloomberg’s article copy and paste the following link: