California’s economy has overtaken that of the United Kingdom to become the world’s fifth largest, according to new federal data made public on Friday.
The Golden State’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, driven by strong productivity.
Meanwhile, the UK’s economic output slightly shrunk over that time when measured in U.S. dollars to reach $2.625 trillion, due in part to exchange rate fluctuations
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