(click to enlarge)
[2007 US GDP – Data Source: BEA – NIPA tables 3.9.5, 3.11.5, 3.15.5]
With Silicon Valley and Hollywood in the deck, you’d hope California’s GDP would be more fun. Â But then you look and the largest industry is Real Estate and Renting and Leasing, i.e. paying to occupy existing structures. Â … Â I guess we have a very loose definition of economic output.
(You can switch Label and Color to get the second graph, but it’s nice to have them both going at once.)
For a refresher on economic sectors, check out the posts from 00019 – NAICS.
In California, the real money is in the country…
[Population data via U.S. Census Bureau: State Pop, Metro Pop] [GDP data via Bureau of Economic Analysis: State GDP, Metro GDP]
[Data via Bureau of Economic Analysis: State GDP, Metro GDP]
[Data via U.S. Census Bureau: State Pop, Metro Pop]