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Sports in the Los Angeles Basin

The Los Angeles Basin (comprised of Los Angeles and Orange counties) is one of the two largest markets for collegiate and professional sports in the United States. The economic impact … Continued

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2023 Economic Forecast

As Los Angeles County’s principal economic development organization, the Los Angeles County Economic Development Corporation (LAEDC) produces an annual forecast to assess and predict key national, state, regional, and local … Continued

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Sports in the Los Angeles Basin

The Los Angeles Basin (comprised of Los Angeles and Orange counties) is one of the two largest markets for collegiate and professional sports in the United States. The partnership between … Continued

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The Power of Procurement

Women-owned small businesses make up a significant proportion of all firms in t he Los Angeles region with just over 20 percent of all businesses in the Los Angeles region … Continued

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CA Film & TV Tax Credit Program 2.0

CA Film & TV Tax Credit Program 2.0

The California Film and Television Tax Credit 2.0, enacted in July 2015 and sunsetting June 2020, has contributed almost $21.9 billion in economic output over five years, supporting more than 110,000 total jobs (includes direct, indirect, and induced) in California. This increase in economic activity has returned to state and local governments an estimated $961.5 million in tax revenue.

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United Kingdom Foreign Direct Investment in California

2021 United Kingdom Foreign Direct Investment in California

WTCLA has partnered with the Consulate General of the United Kingdom in Los Angeles and LAEDC’s Institute for Applied Economics to better detail the economic ties between the UK and the Golden State. The 2021 United Kingdom Foreign Direct Investment in California report details how the 2nd largest investor in California has made a significant impact in our state and local counties.

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2022 Economic Forecast

LAEDC’s 2022 Economic Forecast

The LAEDC Economic Forecast includes in-depth research from our team of economists. This report is created for thought leaders and industry experts to highlight items that may impact the United States, California and Los Angeles regional economies.

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The circular economy and the built environment in the LA region: opportunities for Dutch companies

The Circular Economy and the Built Environment in the Los Angeles Region: Opportunities for Dutch Companies

This market study, commissioned by the Dutch Ministry of Foreign Affairs, maps the circular economy in California, specifically focusing on the Los Angeles region. The circular economy is the concept of systematically rebuilding the economy to encourage the continued use of resources and reduce negative impacts on the environment. Core elements of circularity are embedded within each key urban system including water, housing, infrastructure, waste management, and food. State and local public policy aimed at supporting the circular economy is reviewed in the report and the region’s circular industries are studied. Potential public and private partners for circular companies are identified, and past circular project successes and upcoming projects of interest are highlighted.

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Middle-skill occupations and related career education programs through the lens of race and ethnicity

Middle-Skill Occupations through the Lens of Race & Ethnicity

Center for a Competitive Workforce (CCW), powered by LAEDC, has released a new report, Middle-Skill Occupations and Related Career Education Programs through the Lens of Race and Ethnicity in the LA Basin.  The report provides data and analysis of several industries and occupations with opportunities for greater diversity to better represent the diversity of the region’s people.  LAEDC’s Institute for Applied Economics partnered with the Center of Excellence for Labor Market Research to publish this report.  The goal of the report is to highlight well-paying jobs with strong hiring demand, to support decisions that lead to more widely shared prosperity.  More specifically it identifies pathways into well-paying jobs that will support a more equitable recovery and better diversity and inclusion in LA’s economy.

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2021 FDI Report - Foreign Direct Investment in CA - World Trade Center LA

2021 FDI Report – Foreign Direct Investment in CA – World Trade Center LA

The 2021 report on foreign direct investment in California, presented by the World Trade Center Los Angeles (WTCLA) and Los Angeles County Economic Development Corporation (LAEDC), represents the sixth edition of our annual outlook. In keeping with our previous edition, we estimate FDI across the entirety of California’s regions alongside our focus on Los Angeles County.  This year, comparison to New York and Texas FDI (the second and third largest states for FDI behind California) are included for comparison.

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WTCLA report: United Kingdom investment in California supports 111,430 jobs in California

WTCLA report: United Kingdom investment in California supports 111,430 jobs in California

According to this report from World Trade Center Los Angeles, UK foreign direct investment supports 111,430 jobs in the state of California across 2,433 establishments, which paid $9.4 million to Californian workers. Though this economic impact takes place across all major industries, UK FDI is particularly concentrated in professional and business services, manufacturing and retail trade. To further highlight the depth of this relationship, the value of bilateral goods trade between California
and the UK was valued at $11.5 billion in 2019. As a testament to the special relationship between the United Kingdom and California, WTCLA has partnered with the Consulate General of the United Kingdom in Los Angeles to better detail the economic ties between the UK and the Golden State. This report represents a culmination of this effort and highlights the UK’s FDI footprint across California, its regions and its industries.

Opportunities in Global Commerce: Middle-skill jobs at LA's Air and Sea Ports

Opportunities in Global Commerce: Middle-skill jobs at LA’s Air and Sea Ports

This report studies the changing labor market at the airports and seaports of the Los Angeles County region, the supply of talent for these jobs, and the outlook for the industry including forecasts of job openings in well-paying occupations.  This report is designed to help college faculty, job-seekers, students, employers at the ports, and our region’s workforce development systems. 

This report was is 17th in a series prepared by LAEDC’s Institute of Applied Economics in partnership with the LA/OC regional community college system and its Center for Labor Market Excellence, as part of Center for a Competitive Workforce.

Please check out the graphical presentation of this report at our sister website, CompetitiveWorkforce.LA
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Pathways to Economic Resiliency LA County: Executive Summary (part 1)

Pathways to Economic Resiliency LA County: Executive Summary (part 1)

County of Los Angeles has released a report prepared by LAEDC, with data and analysis of the economic crisis caused by COVID-19, and recommendations for steps the public and private sector can take to improve the recovery and create more widely shared equity.  The report, Pathways to Economic Resiliency, is a product of LAEDC’s Institute for Applied Economics which is committed to LAEDC’s vision of a growing, equitable, environmentally sustainable and resilient economy, that provides a healthy and high standard of living for all in LA County.

THIS IS ONE OF THREE FILES.  Please note the following files are available:

Executive Summary, Main Report, Appendix

Please see the full announcement and explanation of this work at: https://laedc.org/2021/02/09/pathways-report/ 

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Pathways to Economic Resiliency LA County: MAIN REPORT (part 2)

Pathways to Economic Resiliency LA County: MAIN REPORT (part 2)

County of Los Angeles has released a report prepared by LAEDC, with data and analysis of the economic crisis caused by COVID-19, and recommendations for steps the public and private sector can take to improve the recovery and create more widely shared equity.  The report, Pathways to Economic Resiliency, is a product of LAEDC’s Institute for Applied Economics which is committed to LAEDC’s vision of a growing, equitable, environmentally sustainable and resilient economy, that provides a healthy and high standard of living for all in LA County.

THIS IS ONE OF THREE FILES.  Please note the following files are available:

Executive Summary, Main Report, Appendix

Please see the full announcement and explanation of this work at: https://laedc.org/2021/02/09/pathways-report/ 

Download