California Overtakes France to Become Sixth-Largest Economy
- Golden State buoyed by technology, agriculture, manufacturing
- Healthy economy and exchange-rate movement fueled growth
Buildings stand in the skyline of downtown in this aerial photograph taken above San Francisco on Oct. 5, 2015.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
California has overtaken France as the world’s sixth-largest economy, fueled by strong growth and the U.S. dollar’s gains against foreign currencies, state data released Tuesday show.
The most-populous U.S. state, with a gross domestic product of $2.5 trillion, has also eclipsed recession-plagued Brazil.