Abstract
With a population of 36.6 million people, California was the most populous state in the United States in 2007. From 2000 to 2007 the state’s population increased by 2.7 million people, and is projected to increase to 44.3 million by 2025. This 1.1% projected annual growth rate compares to the projected national average of 0.8%. From 2006 to 2007 the state’s population grew by 0.3%. The state’s 2007 per capita personal income of $41,580 was higher compared to $39,358 in 2006 and the seventh highest in the United States, some $3,016 above the national average. Per capita income in California grew at a compound annual rate of 3.6% from 2000 to 2007, compared to 3.7% nationally.
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© 2009 Patrick L. Anderson and Scott D. Watkins
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Watkins, S.D., Anderson, P.L. (2009). California. In: Watkins, S.D., Anderson, P.L. (eds) The State Economic Handbook 2010. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230102125_6
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DOI: https://doi.org/10.1057/9780230102125_6
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-38321-4
Online ISBN: 978-0-230-10212-5
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