California No. 3 state for economic growth, by GDP math
”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of data and art.
Buzz: California’s economic rebound from the pandemic era outpaced all but two states in 2021 when measured by growth in the broadest measurement of business output.
Source: My trusty spreadsheet analyzed state-by-state gross domestic product data — that’s the dollars following through the economy, adjusted for inflation’s impact — from the U.S. Bureau of Economic Analysis.
Topline
California’s economy grew 7.8% in 2021, No. 3 among all states vs. 5.7% growth nationwide. The top state was Tennessee at 8.6%, followed by No. 2 New Hampshire at 8.5%.
Oh, and California’s top economic rivals Florida was up 6.9% (No. 5) while Texas grew 5.6% (No. 19).
Details
The growth rate is impressive considering just how big California’s economy is. The state produced $3.36…
