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Article: Los Angeles: Economy
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- Cities of the United States
CopyrightCOPYRIGHT 2006 Thomson Gale. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Los Angeles: Economy
Major Industries and Commercial Activity
California has always been known as an "incubator" of new ideas, new products and entrepreneurial spirit. Southern California has led the way in celebrating and nurturing that spirit. The people, institutions of knowledge, great climate and infrastructure have enabled the Los Angeles region to emerge as a leading business, trade and cultural center
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a creative capital for the twenty-first century. The city is the largest manufacturing center in the West, one of the world's busiest ports, a major financial and banking center, and the largest retail market in the United States.
Los Angeles is the largest major ...