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California overtakes Brazil as world's 7th largest economy amid diverse businesses

Monday, January 19, 2015 - 05:50
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The Disney Parks in Anaheim, California. The state-based companies from Apple to Walt Disney handed investors a total return of 119 per cent since January 2011.

Sacramento

CALIFORNIA is overtaking Brazil as the world's seventh-largest economy, bolstered by rising employment, home values and personal and corporate income, a year after the most-populous state surpassed Russia and Italy.

The Golden State, with an equivalent gross domestic

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