State Resources


California Business Resources

California leads the United States in economic activity, with a GDP of over $1.7 trillion.
The strength of the Californian economy resides not only in its sheer size, but also in its diversity of industries such as agriculture, manufacturing, biotechnology, aerospace-defense, and tourism. This eclectic range of industries is supported by California’s endowment of natural resources including timber, petroleum, and natural gas. One industry that has continued to be one of the major contributors to California’s economy is agriculture. With 88,000 farms and ranches, agriculture provides 1 in 10 jobs and generates $32 billion annually, with $100 billion in related economic activity. One important developing issue to the industry is the availability of water. As California is greatly dependent on irrigation, water shortages will become a challenge for the sustainability of agriculture in the state.

Business Data

Per Capita Real GDP$41,663 Rank: 9/50 (2006)
Population33,871,600 Rank: 1/50 (2000)
Per Capita Personal Income$38,956 Rank: 11/50 (2006)
Unemployment Rate5.90% Rank: 46/50 (2008)
Business Tax Climate IndexRank: 47/50 (2008)
Corporate Tax Rate1% - 8.84%
Individual Tax Rate 1% - 10.3%
Sales Tax Rate 7.25%

Business Tax Climate Index

Individual Income Tax Index Rank50
Sales Tax Index Rank42
Unemployment Insurance Tax Index Rank15
Property Tax Index Rank5
Business Tax Climate Index47
Corporate Tax Index Rank40

State Information

AbbreviationCA
CapitalSacramento
Nick NameGolden State
State Web Sitehttp://www.state.ca.us
MottoI have found it

Top 5 Export Partner Countries

Mexico, Canada, Japan, China, Korea, South

Top 5 Export Merchandise

Transportation Equipment Sales Computers and Electronic Products Sales Computers and Electronic Products Manufacturing Transportation Equipment Manufacturing Fabricated Metal Products Manufacturing

Major Cities

Los Angeles, San Diego, San Jose

GDP

Total Gross Domestic Product (USD Millions) $1,812,968.00 (2007)
Per Capita Real GDP (USD)$42,376.00 Rank: 8 (2007)

Population Stats

Population 36,756,666 Rank: 1 (2008)

Age Distribution

Under 18 Population9,249,830
Under 18 Percent of Total Population27%
65 and older Population3,595,660
65 and older Percent of Total Population11%

Gender Distribution

Male Population49.8%
Female Population50.2%
Non-English Speaker (at home)9,522,060
Net International Immigration1,415,880
Birth Rate15.2%
Percent of People Under Poverty Level13.3%
Rank20

Expenditure

Per Capita State Spending$203,697
Rank20
Energy Expenditures per Person$3,200
Expenditures of State and Local Government Employee-Retirement Systems$25,939,125

Revenue

Personal Income$35,770
Rank11
State Internal Revenue Collection$313,998,874
Rank1
Cash and Deposits by State Government$14,592,600 (2005)
Per Capita State Tax Collection$3,083
Rank8

Education

High School Graduation Rate65.8%
Rank38
Percent of Population with a Bachelor's Degree18.7%
Rank14
Percent of Population with an Advanced Degree10.4%
Rank15

Largest Universities

California State University, Fullerton California State University, Fullerton University of California, Los Angeles
High School Graduation Rate65.8%

Logistics

Public Road Length (Mile)170,290
Gas Tax Rate (%)18%
Highway Planning and Construction (USD Thousands)3,156,772
Number of Public Airports258

Main Airports

FAT: Fresno LAX: Los Angeles MHR: Sacramento OAK: Oakland ONT: Ontario RIV: Riverside SAN: San Diego SCK: Stockton SFO: San Francisco SJC: San Jose SMF: Sacramento

Ports

Humboldt Long Beach Los Angeles Oakland Port Hueneme Redwood City Richmond San Diego San Francisco Stockton

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State Business Links

Los Angeles Times
http://www.latimes.com

Secretary of State

California Secretary of State
http://www.sos.ca.gov
California Secretary of State Debra Bowen's website where you can find information on Elections, Campaign Finance, Business Programs, Notaries Public

Small Business Administration

California Small Business Administration
http://www.sba.gov/localresources/district/ca/
Small Business Planner, Services, Tools, Local Resources.

Top 10 Business Links

California Chamber of Commerce
http://www.calchamber.com/Pages/Default.aspx
This site provides news updates on economic matters, along with information on government-business relations.
California Labor & Workforce Development Agency
http://www.labor.ca.gov/
The Labor and Workforce section of the official California website is worth highlighting, as it provides information on many specific labor-related initiatives. Programs on workforce development are provided, as well as labor law information.
California Secretary of State Business Portal
http://www.sos.ca.gov/business/
This business resource is focused more on informing on and providing official paperwork required for specific kinds of business entities. Information on legislation, tax codes, and fees is provided, along with e-file, international business relations, and other online services. Additionally, the site provides many non-business services.
California Trade Network
http://www.caltrade.com/
The California Trade Network is a service that provides online networking opportunities to its members. Members are professionals in California’s International Business community and can be found by searching by within a specific industry or country of interest. Opportunities for trade are also available and are emailed to members based on their business profiles.
Counting California
http://countingcalifornia.cdlib.org/
This site provides California statistics on a wide variety of topics, including demographic, health-related, geographic, labor-related, economic, judicial, business, and finance data.
Employment Development Department
http://www.labormarketinfo.edd.ca.gov/
This department puts out various publications about the California labor market, industries, and economy in general. Data is also provided on various topics, industry employment and unemployment rates, for example.
San Diego Business Journal
http://www.sdbj.com/
SDBJ provides in-depth coverage on a variety of business areas in California, such as biotechnology, manufacturing, or labor/workforce. There are also other non-business areas of the site that could be of specific interest to businesspeople such as urban living or investment properties.

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