16 mind-blowing facts about California's economy

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16 mind-blowing facts about California's economy
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California has the largest economy of any US state. If it were its own nation, it would have the fifth-largest economy in the world.

Ben Horton/Getty Images for Madame Tussauds HollywoodAccording to the National Endowment for the Arts, the film and video industry contributed more than $49 billion to California's economy in 2015.

New York finishes a distant second, with its film industry contributing just over $28 billion to its economy that year.Ninety percent of workers in Silicon Valley are making less than their equivalents were 20 years agoAdjusting for inflation, 90% of employees in Silicon Valley are making less than their equivalents were 20 years ago.

Despite sliding wages, Silicon Valley's economic output per capita has jumped by 74% from 2001 to 2017.

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