California Poised to Overtake Germany as World’s No. 4 Economy - Bloomberg News

Raziel Ungar

Raziel Ungar

February 7th, 2023 - 1 min read

The article California Poised to Overtake Germany as World’s No. 4 Economy was published by Bloomberg News.

"The dichotomy between corporate California and corporate Germany is most pronounced in their top three industries. California technology hardware, media and software saw sales increase 63%, 95% and 115% the past three years, boosting market valuations by 184%, 54% and 58%, data compiled by Bloomberg show. In Germany, health care, consumer discretionary and industrial products were erratic with a 43% increase and declines of 2% and 7% during the same periods. Market values rose a paltry 40%, 8% and 10%."

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