California economy isn’t as crazy as you think – Orange County Register


Forget about arguing over which state has the best business climate — which one is the most predictable in delivering economic performance?

Considering the many tensions of modern day life, I’m thinking most rational people would prefer a healthy degree of financial predictability with decent performance over the emotional roller coaster of booms and busts.

California’s economy has seen its share of economic upheaval and prosperity over the years as industries like aerospace, real estate, and technology created profitable upswings as wells as painful downfalls.

I fired up my trusty spreadsheet, filled it with curious indexes of state economic performance by the Federal Reserve Bank of Philadelphia, and set out to see how California compares with other states in terms of measurable economic sanity.

I used various parsings of year-over-year percentage changes in each state’s…



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