California is a Leader in the Global Economy
California has the sixth largest economy in the world, with a gross domestic production (GDP) rate of $2.5 trillion in 2015. California’s GDP grew at an average rate of 3.6 percent from 2013 to 2016. This is higher than the national average and shows a growth rate that exceeds every other state. California leads the nation in the high tech, manufacturing, clean energy, and agricultural industries. It makes sense for Californians and other Americans to invest in California.
California’s GDP is driven in part by gross private domestic investments (GPDI) by American individuals or companies. These investments are made through the purchase of California goods, real estate, inventories, or other assets. Domestic investments build the economy and benefit the investors. It stands to reason that, for serious American investors, California is a good choice.