User:Mcnabber091/sandbox/Economic Summary of California

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Economic Summary of California[edit]

The GDP for California was $2,003 billion in 2012. The real GDP growth rate was 3.5% in 2012[1]. California had an estimated population of 38.041 million as of 2012[2]. The GDP per capita was $46,029 in 2012 [3].

Counties[edit]

There are 58 counties in California[4]. Below are the top ten localities ranked by population 2010

Rank Locality Population 2010
1 Los Angeles 9,818,605
2 San Diego 3,095,313
3 Orange 3,010,232
4 Riverside 2,189,641
5 San Bernardino 2,035,210
6 Santa Clara 2,035,210
7 Alameda 1,510,271
8 Sacramento 1,418,788
9 Contra Costa 1,049,025
10 Fresno 930,450

Cities[edit]

Top 10 cities in California by estimated city proper population in 2010.[5]

Rank City Locality Population 2010
1 Los Angeles 3,792,621
2 San Diego 1,307,402
3 San Jose 945,942
4 San Francisco 805,235
5 Fresno 494,665
6 Sacramento 466,488
7 Long Beach 462,257
8 Oakland 390,724
9 Bakersfield 347,483
10 Anaheim 336,265

Industries[edit]

California industries by GDP 2012[6]

Industry GDP value added $ billions 2012 % of total GDP
Real estate, renting and leasing 309.14 15.43%
Government 223.60 11.16%
Personal, scientific and technical services 188.73 9.42%
Information 144.09 7.19%
Healthcare and social assistance 130.26 6.50%
Retail trade 124.97 6.24%
Manufacturing durable goods 120.77 6.03%
Finance and insurance 114.57 5.72%
Wholesale trade 112.60 5.62%
Manufacturing non-durable goods 92.48 4.61%
Administrative and waste management services 62.41 3.11%
Accommodation and food services 57.32 2.86%
Transportation and warehousing 49.88 2.48%
Other private services 49.01 2.44%
Utilities 33.65 1.67%
Agriculture, forestry, fishing and hunting 30.17 1.50%
Management of companies and enterprises 29.17 1.45%
Arts, entertainment and recreation 26.95 1.34%
Educational services 21.86 1.09%
Mining 19.55 0.97%
Total 2,003.47 100%

Employment[edit]

California non-farm employment by industry in June 2013 [7]

Industry Employment thousands June 2013 Percent of total employment
Trade, transportation and utilities 2,758 18.82%
Government 2,387 16.29%
Professional & business services 2,297 15.68%
Education & health services 1,922 13.12%
Leisure & hospitality 1,671 11.41%
Manufacturing 1,250 8.53%
Financial activities 788 5.37%
Construction 615 4.19%
Other services 503 3.43%
Information 424 2.89%
Mining and logging 29 0.19%
Total 14,648 100%

Corporations[edit]

Top 10 California based corporations by revenue in 2012[8]

Rank Corporation Revenue $ millions 2012 Net income $ millions 2012 Assets $ billions 2012 Debt Ratio 2012 Headquarters Employees 2012[9] Market cap 3/29/12 $ billions Industry
1 Chevron 245,621 26,895 209 42% San Ramon 61,189 211 Energy
2 Hewlett-Packard 127,245 7,074 129 70% Palo Alto 349,600 46 Tech
3 McKesson 112,245 1,202 31 77% San Francisco 37,700 22 Healthcare
4 Apple 108,249 25,922 116 34% Cupertino 63,300 568 Tech
5 Wells Fargo 87,597 15,869 178 89% San Francisco 264,200 179 Finance
6 Intel 53,999 12,942 71 35% Santa Clara 100,100 140 Tech
7 Safeway 43,630 516 15 76% Pleasanton 178,000 5 Retail
8 Cisco System 43,218 6,490 87 46% San Jose 71,825 113 Tech
9 Walt Disney 40,893 4,807 72 48% Burbank 156,000 77 Entertainment
10 Google 37,905 9,737 73 20% Mountain View 32,467 211 Tech

Government Finances[edit]

In 2011, the state government of California had total revenue of $334.31 billion. Total expenditures were $282.52 billion.[10]

The total debt outstanding in 2011 was $149.67 billion[11] (7.47% of GDP[12]).

The total cash and security holdings in 2011 was billion[13].

Revenue by Source $ millions Percent of revenue
Insurance trust revenue 120,379 36.01%
Charges and miscellaneous general revenue 83,006 24.82%
Intergovernmental revenue from Federal Government 64,508 19.30%
Individual income tax 50,508 15.11%
Sales and gross receipts 45,147 13.50%
Utility revenue 25,316 7.57%
Intergovernmental revenue from local governments 3,927 1.17%
Corporate income tax 9,613 2.88%
Other taxes 9,278 2.78%
Property taxes 3,207 0.96%
Motor vehicle license 3,132 0.94%
Liquor store revenue 0 0%
Total 334,311 100%
Expenditure $ millions Percent of expenditure
Intergovernmental expenditure 91,501 32.39%
Public welfare 51,159 19.11%
Insurance trust expenditure 52,116 18.45%
Hospitals 45,298 16.03%
Education 28,960 10.25%
Libraries 18,447 6.53%
Miscellaneous commercial activities 9,378 3.32%
Correction 8,528 3.02%
Interest on general debt 7,302 2.58%
Highways 6,905 2.44%
Other and unallocable 4,551 1.61%
Financial administration 3,532 1.25%
Natural resources 3,206 1.13%
Utility expenditure 3,104 1.10%
Protective inspection and regulation 2,991 1.06%
Parking facilities 2,905 1.03%
Air transport 2,808 0.99%
Police protection 1,598 0.57%
Solid waste management 1,547 0.55%
Health 1,327 0.47%
Employment security administration 554 0.17%
Judicial and legal 4,365 0.15%
Other governmental administration 408 0.14%
Parks and recreation 377 0.13%
Housing and community development 346 0.12%
Sewerage 175 0.06%
General public buildings 53 0.02%
Veterans' services 11 <0.01%
Liquor store expenditure 0 0%
Fire protection 0 0%
Sea and inland port facilities 0 0%
Total 282,524 100%

Financial Institutions[edit]

Top ten banks by assets in California[14]

Rank Bank Assets 3/31/13 $ millions Net income $ millions 2010 Headquarters Employees
1 Wells Fargo 1,436,634 15,869[15] San Francisco 264,200[16]
2 Charles Schwab 133,324 San Francisco
3 Union Banking Corporation 96,959 San Francisco
4 City National Corporation 27,440 Los Angeles
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References[edit]

External links[edit]

https://meta.wikimedia.org/wiki/Global_Economic_Map