Legislative Analyst's Office, December 2002

California's Economy and
Budget in Perspective

2002 Cal Facts

Economy


California Is the World's Fifth Largest Economy

 


California's Economy Is Highly Diversified

Share of Gross State Product in 2001


Foreign Trade Is an Important Element of California's Economy

Total California Exports (In Billions)


Services Have Dominated Employment Growth Over
The Past Decade

Annual Average Percent Change in California Jobs, 1992 Through 2002


High California Home Prices Have Driven Down Affordability

Median Home Prices in July 2002


California Is the Nation's Leading Agricultural Producer

Top Agricultural Products by Cash Receipts 2001


California's Population Has Increased Dramatically Over Time


The Inland Counties Have Been Growing the Fastest

Total Growth, 1997 Through 2002


Californian's Average Age Rising As Baby Boomers Grow Older

Population Change—2002 Through 2008


A Quarter of Californians Are Foreign Born

2000


Return to 2002 Cal Facts Table of Contents

Continue to 2002 Cal Facts State-Local Finances

Return to LAO Home Page