California’s Economy: Strong Claims, Weak Foundations

To listen to Gov. Gavin Newsom, California is still the nation’s economic leader. In his April 9 news release, he crows, “California continues to outperform every other state.” Rosy reports from politicians are not an accurate barometer of real conditions.
According to the latest Bureau of Economic Analysis data, California’s economy expanded 5% in 2025. This was the 15th fastest rate in the country – not the fastest, as Newsom crows. It was faster than Texas (4.9%) but slower than Florida (6.3%).
Still, 15th is a top-third growth performance, not bad. But California’s longer-term growth…
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