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California Ranks Among Top US Economies

From GDP growth to start-up activity, California’s economy ranks fourth in the country for economic growth.

Los Angeles Los Angeles

California officially has the fifth largest economy in country—but that isn’t all. The massive state economy is also showing tremendous growth. According to a recent report from WalletHub, California has the fourth best economy in the country. GDP growth and start-up activity were among the leading characteristics for the state economy. Washington, Utah and Massachusetts nabbed the top spots on the list, which weighed economic activity, economic health and innovation potential. While California fared well in economic activity and innovation potential, it scored 32nd for economic health. We sat down with Jill Gonzalez of WalletHub for an exclusive interview to find out more about the ranking.

GlobeSt.com: What is fueling California’s strong economic growth? 

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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