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 | 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 | ||
5 | |||||
6 | |||||
7 | |||||
8 | |||||
9 | |||||
10 |
References
[edit]- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/popest/data/state/totals/2012/index.html
- ^ http://bber.unm.edu/econ/st-gdp5.htm
- ^ http://www.california-demographics.com/counties_by_population
- ^ http://www.california-demographics.com/cities_by_population
- ^ http://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1#reqid=70&step=10&isuri=1&7093=Levels&7003=200&7035=-1&7007=2012&7006=51000&7036=-1&7001=1200&7002=1&7090=70&7004=NAICS&7005=-1
- ^ http://www.bls.gov/eag/eag.ca.htm
- ^ http://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html
- ^ http://money.cnn.com/magazines/fortune/global500/2012/snapshots/385.html
- ^ http://www.census.gov/govs/local/
- ^ http://www.census.gov/govs/local/
- ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
- ^ http://www.census.gov/govs/local/
- ^ http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx
- ^ http://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html
- ^ http://money.cnn.com/magazines/fortune/global500/2012/snapshots/385.html