California surpasses Japan as world's 4th-largest economy

SACRAMENTO — California has officially overtaken Japan to become the world's fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA). Governor Gavin Newsom announced the milestone, highlighting the state's economic strength and growth.“California isn’t just keeping pace with the world—we’re setting the pace. Our economy is thriving because we invest in people, prioritize sustainability, and believe in the power of innovation. And, while we celebrate this success, we recognize that our progress is threatened by the reckless tariff policies of the current federal administration. California’s economy powers the