39 reasons to cheer Californias economy

Published: Friday, September 12, 2025 at 2:24 pm

California's Economic Resilience: A Look at the Numbers

For nearly four decades, a business columnist has observed the California economy, noting its consistent ability to provide fodder for analysis. Despite the state's frequent criticism, a recent review highlights numerous positive economic indicators. This analysis, compiled from government data, industry statistics, and state-by-state rankings, showcases California's strong performance across various sectors.

The report examines 39 key metrics, with the top-performing areas at the end. California demonstrates strength in several areas. The state boasts a high life expectancy, ranking tenth among all states. It also has a significant presence in fast-growing sectors like education and health services, with the tenth-largest share of workers in these fields. The state's job market shows stability, with low layoff and dismissal rates.

California also excels in professional and business services, with a substantial portion of its workforce employed in these well-paying office jobs. The state's healthcare quality is ranked highly, and its population skews younger than most. Home appreciation has seen significant growth over the years, and hourly wages are among the highest in the nation.

The state's appeal extends to its natural resources, including its extensive coastline. California also offers high-level pay for workers and a favorable climate. The state leads in home values, sustainability, imports, and growth of fast-growing businesses. It also boasts a diverse population, high auto sales, and a thriving tourism industry. California is also recognized for its innovation, particularly in technology.

BNN's Perspective: While California faces its share of challenges, this analysis paints a picture of a resilient and dynamic economy. The state's ability to attract businesses, foster innovation, and maintain a high quality of life is undeniable. However, policymakers must continue to address issues like affordability and regulatory burdens to ensure sustained economic prosperity.

Keywords: California economy, economic indicators, job market, wages, innovation, tourism, home values, sustainability, imports, growth, diversity, auto sales, quality of life, business, jobs, state rankings.

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