Hollywood sign
The Hollywood Sign.
  • Hollywood seems to be boosting the US economy, but its home state of California is being left out.
  • The "Barbenheimer" craze has lit up the box office and driven consumer spending in the economy. 
  • But Hollywood strikes over the last 100 days have likely dealt a $3 billion blow to California. 

Hollywood has started filling movie theaters again with box-office hits like "Barbie" and "Oppenheimer," but ongoing strikes in its home state are limiting the benefits for its home state of California.

Crowds have flocked to see the highly anticipated blockbuster films, with some people returning for multiple viewings. The excitement has been a boon for struggling movie chains, still reeling from the impact of COVID-19 lockdowns.