Los Angeles County Regional Center

Economic Potential
for Los Angeles

Los Angeles County leads the nation as manufacturing center and next to New York, Los Angeles and Long Beach are the largest customs districts in the U.S. Within the Five-County area of Los Angeles, business and management sectors hold the majority of employment opportunities.

During the 1990s, industrial trade was the trend in the area however, now there are several key wholesale industries where growth in occurring including furniture, apparel and textiles, jewelry, and toys.

International trade, investment and the health service sector are also areas of economic growth within the Los Angeles area. Recently, due to an increase in federal defense spending, the aerospace industry has also seen a increase in growth in the area.

LOS ANGELES' COMPETITIVE ADVANTAGES

Several competitive advantages make Los Angeles an ideal site for business investment and growth.

It’s physical location on the west coast, relative affordability, cultural advantages, and growing strength in the entertainment and knowledge industries all make Los Angeles a advantageous place to live, work and grow in.

California is also home of several significant economic regions such as Hollywood (entertainment), the California Central Valley (agriculture), the Silicon Valley and Tech Coast (computers and high tech), and wine producing regions, such as the Napa Valley, Sonoma Valley and Southern California's Santa Barbara and Paso Robles areas.

The predominant industry is agriculture (including fruit, vegetables, dairy, and wine). This is followed by aerospace; entertainment; music production and recording studios; light manufacturing, including computer hardware and software; and the mining of borax. Oil drilling has played a significant role in the development of the state.

Visit LA

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