July 8, 2025
Sydney 29

Newsom: California is now world’s 4th-biggest economy, pips Japan

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 GDP reached $4.1 trillion last year, edging past Japan’s $4.02 trillion, Newsom said, citing newly released IMF country-level data and preliminary state data from US Bureau of Economic Analysis. […]