California's nominal GDP in 2024 was $4.10 trillion ... secrets go public — unfiltered in your inbox weekly. Sign up An icon in the shape of an angle pointing down.

The Golden State’s nominal gross domestic product (GDP) reached $4.1 trillion in 2024, according to preliminary data from the US Bureau of Economic Analysis, edging past Japan’s $4.02 trillion ...

Under a nominal GDP target, the Fed would be concerned only with keeping nominal GDP on a stable path. If nominal GDP rose above the target, the Fed would tighten policy. If nominal GDP fell below the ...