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January 26
1990 - "Duplicates" premieres at L.A. Phil; concerto by CalArts Music School dean Mel Powell wins Pulitzer Prize [story]
Mel Powell


California’s Gross Domestic Product (GDP) has grown consistently faster than the nation’s as a whole for four straight years. In 2015, the California GDP rose 5.6 percent, while the U.S. GDP increased 3.7 percent (unadjusted for inflation). Also called “economic output,” GDP measures the market value of goods, services, and structures that are produced within a particular period, and tends to be related to population, income, spending, employment, housing permits, and other measures of economic activity.

According to the U.S. Bureau of Economic Analysis, the New York-Newark-Jersey City metropolitan area led the nation with an economic output of about $1.603 trillion in 2015. California was represented by two of the top 10 areas: Los Angeles-Long Beach-Anaheim ($930.8 billion), and San Francisco-Oakland-Hayward ($431.7 billion). The Los Angeles metropolitan area accounts for 37.9 percent of California’s GDP, while the San Francisco Bay Area comprises 17.6 percent. The Sacramento-Roseville region accounts for 4.8 percent ($118.8 billion).

San Jose has been the fastest growing metropolitan area within California – and the second fastest in the U.S. – with stronger economic growth than 380 of the nation’s 382 metropolitan areas in 2015. With growth rates that ranged from 5.0 percent to 10.4 percent over the past five years, the San Jose area had the largest increase in that time frame – 37.6 percent – more than 60 percent higher than the California average gain of 23.1 percent, for a total GDP of more than $235 billion. The state’s second-largest increase was in the Visalia-Porterville area – 32.4 percent – followed by Merced (30.2 percent), Napa (29.6 percent) and Madera (28.1 percent). The Hanford-Corcoran area also finished above the state average (24.2 percent). Both the Chico and Sacramento-Roseville areas had strong showings in 2015, ranking fourth and fifth in the state respectively in GDP growth.

One way to compare economic wellbeing among regions is to calculate inflation-adjusted GDP per capita. Real economic output per capita in the San Jose area was close to twice that of the California average in 2015. Other areas with higher than average per capita real GDP include San Diego, and Napa.

For more on this, view the Board of Equalization’s Economic Perspective for March 2017.

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    LOS ANGELES COUNTY HEADLINES
    Tuesday, Jan 25, 2022
    Henry Mayo Newhall Hospital reported Tuesday one additional death from COVID-19 Monday, bringing the total number to 205 since the onset of the pandemic, confirmed spokesman Patrick Moody. Meanwhile, the Los Angeles County Department of Public Health confirmed 36 additional deaths and 18,822 new cases of COVID-19 countywide, with 65,938 total cases in the Santa Clarita Valley.
    Tuesday, Jan 25, 2022
    Supervisor Kathryn Barger has voiced her strong opposition to a motion passed by the L.A. County Board of Supervisors to extend and expand emergency renter eviction protections through 2023.
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    The Los Angeles County Sheriff Civilian Oversight Commission is looking for qualified applicants to fill the community represented role of Commissioner. Deadline for applications is Feb. 1.
    Monday, Jan 24, 2022
    Henry Mayo Newhall Hospital reported two additional deaths from COVID-19 Monday, bringing the total number to 204 since the onset of the pandemic, confirmed spokesman Patrick Moody. (One of those deaths was recorded Sunday).
    Saturday, Jan 22, 2022
    Los Angeles County Assessor Jeff Prang announced a corroborative effort with County Public Health officials that will include free COVID-19 vaccinations, booster shots, and PCR testing at three District Offices on Monday Jan. 24, Wednesday Jan. 26 and Sunday Jan. 30.

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