Market Weekly: May 7 May 11 2018


California’s gross domestic product grew 3.4% in 2017, surpassing $2.7T, boosted by a thriving Silicon Valley, Hollywood and the nation’s “salad bowl” in the Central Valley agricultural heartland.

The Golden State’s big leap would oust the U.K. as the world’s fifth largest economy, which had a GDP of $2.625T, according to data published by the IMF.