Calif. No Longer 6th Largest Economy
California's economy no longer ranks No. 6, but rather is the eighth-largest economy in the world.
The state, with about 37 million residents, ranks behind the U.S., Japan, Germany, China, the United Kingdom, France and Italy, according to U.S. Commerce Department and World Bank figures. Spain and Canada complete the top 10.
No California official has bothered to correct the figure's public use. Schwarzenegger, it turns out, has never even governed the sixth-largest economy.
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