Updated over 10 years ago on . Most recent reply
California Bounces Back - Now 7th largest Economy in the World
California just took over Brazil for the world's 7th largest economy and just behind the UK. 2.2 trillion GDP is not too shabby. It took awhile to come back as the GFC knocked Cali down to 9th overall. There are still issues of course but as far as REI things are looking for positive for the near and mid term...let's say til 2019ish.
Some stats for the LA area.
18 million residents
42 million annual visitors
Spending 18 billion dollars annually.
Your thoughts are always welcome on BP.
Good luck!