Gov. Gavin Newsom has announced that travel spending in California hit an all-time high of $150.4 billion in 2023, outdoing the previous record of $144.9 billion spent in 2019.
The state has retained its title as the world’s 5th largest economy and has had a population increase, according to the governor. Both of these are directly tied to California’s tourism and entertainment industries, the governor said in an announcement released at 7:43 a.m. Sunday.
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