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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The economy of an American state surpasses Britain and becomes the fifth in the world

    Rocky
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    • Post n°1

    The economy of an American state surpasses Britain and becomes the fifth in the world Empty The economy of an American state surpasses Britain and becomes the fifth in the world

    Post by Rocky Sun 06 May 2018, 1:47 am

    [ltr]The economy of an American state surpasses Britain and becomes the fifth in the world[/ltr]
    [ltr]Economie[/ltr]
     Since 2018-05-05 at 16:31 (Baghdad time)
    [ltr]The economy of an American state surpasses Britain and becomes the fifth in the world 19[/ltr]
    [ltr]Follow - Mawazine News 
    California's economy outperforms Britain's economy, making it the world's fifth-largest economy, according to the latest federal US data published on Friday. 
    California's GDP rose by $ 127 billion in the period from 2016 to 2017, exceeding $ 2.7 trillion. 
    In the same period, Britain's economic output contracted slightly, partly as a result of currency fluctuations, according to data from the US Department of Commerce's Bureau of Economic Analysis. 
    The data showed how large California's economy, home to nearly 40 million people, has a thriving technology sector in the Silicon Valley and is the entertainment capital of Hollywood. 
    All economic sectors, with the exception of agriculture, contributed to California's gross domestic product (GDP), said Irina Edmundson, chief economist at the California Department of Finance. 
    Financial and real estate services led the country's growth by $ 26 billion, followed by the information sector, which includes many technology companies worth $ 20 billion, while manufacturing rose to $ 10 billion. 
    Last year, California was ranked fifth in the world's top economy in 2002, before its economy slumped to its lowest level in 2010 after the country's massive recession following the global financial crisis. 
    Since then, the largest US state has added 2 million jobs, and its GDP has increased by $ 700 billion. 
    Economic output in California alone exceeds the GDP of the United States, China, Japan and Germany. 
    The state is home to 12 percent of the US population and contributed 16 percent of job growth in the country between 2012 and 2017. 
    Its share in the national economy grew from 12.8 percent to 14.2 percent over the five years, according to state economists.[/ltr]


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