An Overview of the State's Economy and Demographics
Transcript of An Overview of the State's Economy and Demographics
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An Overview of the State’s Economy and Demographics
Legislative Analyst’s Office
www.lao.ca.gov
Presented to:
Assembly Committee on Jobs,
Economic Development, and the Economy
February 5, 2013
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California’s Economy Is Ninth-Largest in the World
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Gross Domestic Product in 2011 (In Trillions)
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California’s Mix of Jobs by Industry Is Similar to the U.S.
Percentage of Nonfarm Employment, August 2012
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Changes in California’s Job Mix Since 1990
Percent Change in Jobs, 1990 to 2012
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Jobs Since the Recession: Some Sectors Are Struggling
Change in California Employment (In Thousands)
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Unemployment Varies Significantly Throughout California
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Jobs in California Recovering Much More Slowly Than in Prior Recoveries
Job Loss and Years to Return to Pre-Recession Employment Peak
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Trade Is an Important Source of California Economic Activity
2011 International Exports (In Billions)
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Trade Is an Important Source of California Economic Activity
2011 International Exports (In Billions)
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Most State Infrastructure Spending Is for Transportation and Education
Infrastructure Spending, 2006-07 to 2010-11
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How Does the State Pay for Infrastructure?
2000-01 Through 2009-10 (Dollars in Billions)
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Population Density By Census Tract
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Population Growth By County
(2000 Through 2010)
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Population Centers Rely Heavily on Imported Water
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California’s Elderly Population Will Grow Rapidly in the Next Decade
LAO Projected Growth by Age Group, 2010 Through 2020
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California’s Racial and Ethnic Makeup Has Changed Since 1980
Share of Population in Each Group
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