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California Overtakes France To Become Sixth-largest Economy by ifyan(m): 8:46am On Jun 15, 2016 |
[SAN FRANCISCO] California has overtaken France as the world's sixth-largest economy, fueled by strong growth and the US dollar's gains against foreign currencies, state data released Tuesday show. The most-populous US state, with a gross domestic product of US$2.5 trillion, has also eclipsed recession-plagued Brazil. "This is the result of both good growth in California and exchange-rate movements of the US dollar versus other currencies," said Irena Asmundson, chief economist in the California Department of Finance. Governor Jerry Brown, 78, is running the state during an economic turnaround driven by technology companies including Facebook Inc and Apple Inc, along with agricultural and manufacturing industries that lead the US. California grew by 4.1 per cent in 2015, compared with a 2.4 per cent increase for the US and 1.1 per cent for France, Ms Asmundson said. Last year, California created the most jobs of any state, more than the second- and third-most-populous states Florida and Texas combined. Four of the world's 10 largest companies are based in California, including Alphabet Inc and Facebook. BLOOMBERG Read more@http://www.nairausd.com/2016/06/california-overtakes-france-to-become.html?m=1 Twitter@nairausd 2 Likes
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Re: California Overtakes France To Become Sixth-largest Economy by Psylas(m): 9:13am On Jun 15, 2016 |
But California is a state in the US Not a country like France |
Re: California Overtakes France To Become Sixth-largest Economy by Lucasbalo(m): 3:33pm On Jun 15, 2016 |
Psylas:What it means is the the economic index of California is greater than that of France. You are correct about Cali being a state though. It shows Gov Pat Brown of California is doing a great job creating wealth and jobs for Californians. 3 Likes |
Re: California Overtakes France To Become Sixth-largest Economy by ifyan(m): 6:30pm On Jun 15, 2016 |
Lucasbalo: To be sincere I am very inspired by CALIFORNIA . |
Re: California Overtakes France To Become Sixth-largest Economy by ifyan(m): 4:07pm On Jun 16, 2016 |
No wonder some set of individual from the state once ask for independent. |
Re: California Overtakes France To Become Sixth-largest Economy by ValerianSteel(m): 6:30pm On Jun 16, 2016 |
California always doing well. |
Re: California Overtakes France To Become Sixth-largest Economy by ifyan(m): 10:46am On Jun 17, 2016 |
ValerianSteel:Ok |
Re: California Overtakes France To Become Sixth-largest Economy by cstr9: 9:57pm On Jun 18, 2016 |
Newyork with all its wall street hustlers is nowhere to be found when it comes to a creating a strong economy. Just shows you that technology is where the money is. God bless the state of california. God bless america. 3 Likes |
Re: California Overtakes France To Become Sixth-largest Economy by Nobody: 7:40pm On Jun 22, 2016 |
ifyan: You should be inspired by united states as a whole If just one state can overtake an entire country, it just goes to show how powerful that country is. |
Re: California Overtakes France To Become Sixth-largest Economy by ifyan(m): 11:07pm On Jun 22, 2016 |
Penisinpenisout: That is why I typed l am inspired. |
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