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Industry Cluster and Sector-Based Research

IAE assesses regional competitiveness, workforce needs, supply chain capacity, export potential, and regulatory hurdles. This in-depth research helps guide economic development efforts towards the region’s strengths and more promising opportunities, while also highlighting weaknesses where intervention may be usefully deployed.

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.

Industry Clusters of Los Angeles County (2020)

Industry Clusters of Los Angeles County (2020)

LAEDC examines industry clusters in Los Angeles County to understand our regional strengths and weaknesses, and use this insight to build more informed economic development strategies while comparing our performance against that of other regions. This report presents a description of our private sector economy through the lens of clusters and regional competitiveness.

The report provides details on employment, occupations, wages, trends and forecasts in industries such as Aerospace, Entertainment, Trade & Logistics, Hospitality and Tourism, Finance, Fashion, Bioscience and more.

EV Industry Report: Energizing an Ecosystem, The Electric Mobility Revolution in SoCal

EV Industry Report: Energizing an Ecosystem, The Electric Mobility Revolution in SoCal

The Electric Vehicle (EV) industry growth in California has positioned the state as a globally leading researcher, designer, manufacturer and exporter of transportation-related products, services and technologies, creating 275,600 direct EV industry jobs statewide.  Read LAEDC’s analysis of the industry in California, Southern California, as well as insights on the importance of EV adoption to environmental goals.

Ocean Economy in LA County

Ocean Economy in LA County

Today in LA County, 117,000 workers are directly employed in the region’s “Blue” or “Ocean” economy, with an additional 82,500 jobs sustained by the industry, according to a report: The Ocean Economy in Los Angeles County, which was sponsored by LA County Supervisor Janice Hahn’s office and released by the Los Angeles County Economic Development Corporation (LAEDC) and prepared in collaboration with AltaSea at the Port of Los Angeles. Based on the industry’s significant regional economic contribution, the LAEDC took the rare step, upon the report’s release, to add the “Ocean Economy” as a Southern California-based industry cluster that it will formally monitor, benchmark and track going forward.

Professional Services Industry in the LA Basin: Occupations and Forecast

Professional Services Industry in the LA Basin: Occupations and Forecast

In a continuing series of industry deep-dive reports, the Center for a Competitive Workforce, which LAEDC co-founded, has released Professional Services Industry in the Los Angeles Basin, which forecasts job opportunities, analyzes changing skills requirements, and illuminates career education pathways for the for the professional and business services industries in the greater LA Basin.  The report, accompanied by a 8-page overview, was funded by the Strong Workforce Program, an initiative of the California Community Colleges Chancellor’s Office.  More details and highlights HERE.

Healthcare Services Industry in LA Basin: Occupations & Talent

Healthcare Services Industry in LA Basin: Occupations & Talent

In a continuing series of industry deep-dive reports, the Center for a Competitive Workforce, which LAEDC co-founded, has released Health Care Services in the Los Angeles Basin, which forecasts job opportunities, analyzes changing skills requirements, and illuminates career education pathways for the local-serving health care industry in the greater LA Basin.  The report, accompanied by a 12-page overview, was funded by the Strong Workforce Program, an initiative of the California Community Colleges Chancellor’s Office.  More details and highlights HERE.

Center for a Competitive Workforce: Entertainment and the Rise of Digital Media

Center for a Competitive Workforce: Entertainment and the Rise of Digital Media

The Center for a Competitive Workforce (CCW), of which LAEDC is a partner, has published a report analyzing the Entertainment & Digital Media Industry in the Los Angeles Basin.  The report is the first to define the rapidly growing “Digital Media” industry and its occupations in Los Angeles, and it analyzes the overlap with the traditional Entertainment industry, and the describes the changing skills needs of both industries.  The report takes a deep-dive into occupations in the industry, with occupational forecasts, analysis of the skills needed, and workforce training available through the region’s community college system.  Read the original press release and highlights HERE.

The Oil and Gas Industry in California: Its Economic Contribution and Workforce

The Oil and Gas Industry in California: Its Economic Contribution and Workforce

The LAEDC’s Institute for Applied Economics (IAE) has published a study titled The Oil and Gas Industry in California: Its Economic Contribution and Workforce.

California’s O&G industry continues to be a significant driver of the state economy, supporting 456,000 direct, indirect and induced jobs with $38 billion in overall labor income, and accounting for 3.4 percent of the state GDP. The industry also generates more than $21 billion in state and local tax revenues and provides high-paying jobs for workers across the educational attainment spectrum.

The report was commissioned by the Western States Petroleum Association.

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Tourism & Hospitality in LA County 2015

Tourism & Hospitality in LA County 2015

The LAEDC Institute for Applied Economics has published a study on occupations and economic impact of the hospitality and tourism industry in L.A. County, the first in a series of … Continued

Industry Clusters in Los Angeles County 2010

Industry Clusters in Los Angeles County 2010

By all measures, Los Angeles County is large. It is the most populous county in the nation, with 10 million residents in a land area of over 4,000 square miles. It is home to a diverse and dynamic workforce of almost 4 million, producing a gross regional product estimated to be $544 billion—larger than Switzerland, Saudi Arabia or Taiwan.

As the second decade of the 21st Century unfolds, we face challenges in preparing an educated and skilled workforce that is able to compete in the global marketplace, in allocating sufficient resources to maintain or deliver critically-needed infrastructure projects under strained budgets, in fostering a climate of technological innovation and product development, and in pursuing sustainable growth in the face of economic realities.

To sharpen our knowledge and better focus and tailor our policy and economic development efforts, we look towards new research in how industries compete, succeed and prosper, and new methods that will allow comparison of our performance against that of other regions.

Professor Michael E. Porter’s enduring work on the competitiveness of businesses and more recently of
regions brings into focus how economic prosperity can be driven. Through ground-breaking work done at the
Institute for Strategy and Competitiveness at Harvard Business School, and supported by the Economic
Development Administration of the U.S. Department of Commerce, Professor Porter’s Cluster Mapping Project has defined industry clusters based on locational correlation of employment.

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Oil and Gas in California: The Industry and Its Economic Contribution in 2012

Oil and Gas in California: The Industry and Its Economic Contribution in 2012

The Western States Petroleum Association (WSPA) commissioned the Los Angeles County Economic Development Corporation (LAEDC) to study the economic contribution of the oil and gas industry in California for the year of 2012.  This report, published in April 2014, is one of the many objective, custom economic reports that are produced by LAEDC’s Economic and Policy Analysis team.  The report describes the economic impact of oil and gas industry operations in their entirely for the state of California, and estimates that the industry generated more than $220 billion in direct economic activity, contributing 5.4 percent of the state’s GDP, and supported 468,000 jobs in 2012, or 2.3 percent of California’s employment. Additionally, the petroleum industry generated $21.6 billion in state and local tax revenues and $14.7 billion in sales and excise taxes.

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Industry Clusters of Southern California in 2011

Industry Clusters of Southern California in 2011

The six counties of Southern California including Los Angeles, Orange, San Bernardino, Riverside, Ventura and Imperial encompass 191 cities and more than 18 million residents in an area of more than 38,000 square
miles. This large geographic area is home to a wide breadth of industry and economic activity.

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