Bay Area’s booming economy shows no sign of slowing down, but residents struggle to keep up


If the Bay Area were a country, it would have the 19th largest economy in the world after the Netherlands and ahead of Switzerland, according to a detailed new report from the Bay Area Economic Institute think tank.

By almost any measure, the region’s economy is booming. The Bay Area churned out a whopping of $748 billion gross domestic product in 2017 and hit an annual growth rate of 4.3 percent during the past four years — nearly double the nation’s growth rate.

“Not only is the regional…

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