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Don't know about New York but California has lost plenty of firms over decades. Aerospace used to be all in California, for example. But California's GDP rises
by thrashh 3y ago
Don't know about New York but California has lost plenty of firms over decades. Aerospace used to be all in California, for example.
But California's GDP rises faster than most states and countries in the world so it's probably good the rest of the world gets our hand-me-downs...
- nocoiner 3y agoLots of aerospace is still in California. It’s just not as dominant a component of the Southern California economy since the end of the Cold War.