Economics
Tech Giants and Oil Drive Fastest GDP Growth Among U.S. Counties
- County home to Silicon Valley posted 10.2% growth in 2018
- Top 10 counties accounted for 19% of the nation’s output
The Apple Park campus in Cupertino, California.
Photographer: Sam Hall/BloombergThis article is for subscribers only.
While the economy in Los Angeles County, home to Hollywood, topped the list as America’s biggest last year, the nation’s fastest-growing large county was to the north in Silicon Valley.
The economy in Santa Clara County -- home to tech giants like Apple Inc. and Alphabet Inc.’s Google -- expanded 10.2% to $316.5 billion, according to data released Thursday by the Commerce Department that included nearly 20 years of county-level GDP data.