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California drops behind in world economies

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California's economy fell to the 9th largest in the world. (Brian Wilkins/Flickr)

California’s economy isn’t what it used to be.

Okay, that’s a slight exaggeration.┬áBut it’s also true.

According to the latest World Bank economic rankings, California has fallen from the 8th largest economy in the world to 9th.

Shocking, I know.

Brazil is the lucky contender that slipped past California, sporting a healthy $2.1 trillion economy.

California’s $1.9 trillion economy is still by far the largest of all 50 United States. Texas and all of its black gold sits comfortably at $1.2 trillion, only $700 billion behind the Golden State.

California may not be able to beat Texas in football, but we’re clobbering them on the economic front.

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