W3Schools

In One Chart: Why Texas is labeled Canada on this map of the ‘ridiculously large’ U.S. economy

Much has been made of the size of California’s massive economy, but it’s hard to truly wrap one’s brain around its place on the global stage.

That’s where Mark Perry comes in. The University of Michigan economics and finance professor put it in perspective with one eye-popping statistic, in particular: California’s gross domestic product of $2.75 trillion in 2017 basically matches that of the U.K., and it achieves this with 19.3 million workers, vs. Great Britain’s 33.8 million.

Related: Only three states saw their economies contract in 2017

“Amazingly, it required a labor force 75% larger (and 14.5 million more people) in the U.K.

>>> Original Source <<<

Comentários