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CA's GDP surges 40% since Newsom took office in 2019

By Bloomberg Markets and Finance April 07, 2026 Bullish
CA's GDP surges 40% since Newsom took office in 2019
California became the top performing economy among its 49 siblings and any developed nation under Governor Gavin Newsom's two-term leadership. Gross domestic product surged 40% to more than $4 trillion, accounting for more than 14% of US output, after Newsom took office in January 2019.
California became the top performing economy among its 49 siblings and any developed nation under Governor Gavin Newsom's two-term leadership. Gross domestic product surged 40% to more than $4 trillion, accounting for more than 14% of US output, after Newsom took office in January 2019.