California's GDP surged 40% to over $4.0 trillion since Governor Gavin Newsom took office in January 2019, making it the top-performing economy among U.S. states and any developed nation and accounting for more than 14% of U.S. output. The scale of growth under Newsom's two-term leadership underscores significant state economic expansion and strengthens California's fiscal capacity and investment footprint.
California's GDP surged 40% to over $4.0 trillion since Governor Gavin Newsom took office in January 2019, making it the top-performing economy among U.S. states and any developed nation and accounting for more than 14% of U.S. output. The scale of growth under Newsom's two-term leadership underscores significant state economic expansion and strengthens California's fiscal capacity and investment footprint.
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