News
Nov. 21, 2017
SOURCE: Editorial Board – Central Valley Business Times

California’s economic growth in the second quarter ranks only 35th in the nation, according to a report Tuesday from the federal Bureau of Economic Analysis.

Gross domestic product growth in California was just 2.1 percent in the quarter, second-lowest in the West, trailing Hawaii’s rank of 40th.

Real gross domestic product increased in 48 states and the District of Columbia in the second quarter of 2017, according to statistics on the geographic breakout of GDP released today by the BEA. Real GDP by state growth in the second quarter ranged from 8.3 percent in North Dakota to -0.7 percent in Iowa.



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