Dhaka, April 25 -- California's economy has overtaken that of Japan, making the US state the fourth largest global economy.
Governor Gavin Newsom touted new data from the International Monetary Fund (IMF) and the US Bureau of Economic Analysis showing California's growth, the BBC reports.
The data shows that California's gross domestic product (GDP) hit $4.10 trillion in 2024, superseding Japan, which was marked at $4.01 trillion. The state now only trails Germany, China and the US as a whole.
"California isn't just keeping pace with the world - we're setting the pace," Newsom is quoted as saying by the BBC.
The new figures come as Newsom has spoken out against Trump's tariffs and raised concern about the future of the state's economy...
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