Roland Li, July 10, 2018

Were it a country, the Bay Area's economy would be larger than Saudi Arabia's, getting rich from its residents' minds rather than minerals pumped from the ground, according to a new report.

The Bay Area's annual growth rate of 4.3 percent over the past three years was nearly double that of the U.S. as a whole, bringing the region's gross domestic product to $748 billion, behind only 18 countries, according to the Bay Area Council Economic Institute, a think tank backed by the local business group, and consulting firm McKinsey.

“It's impressive. The diversity of the Bay Area economy should hopefully lead to more resilience in the next downturn,” said Micah Weinberg, president of the think tank. Click here to read the full article.