All Reports

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 economic indicators. The forecast also deepens beneath those “headline” indicators to understand the key issues, pressing economic concerns, and longer-term trends that...

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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 the LAEDC and the Los Angeles Sports Council (LASC) quantifies the importance of sports to the Greater Los Angeles Region. ...

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A Proposed Minimum Wage For Private Healthcare Facilities In the City of Baldwin Park

This report analyzes the potential economic implications of implementing a healthcare sector minimum wage increase to $25 per hour for covered private healthcare facilities in the City of Baldwin Park. ...

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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 being owned by women. And women-owned businesses are extremely diverse, with almost half of women-owned businesses in the region being minority-owned. Procurement contracting gives businesses, particularly small businesses, an...

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A Proposed Minimum Wage For Private Healthcare Facilities In The City Of Long Beach

This study examines the potential economic implications of implementing a citywide healthcare sector minimum wage increase in the City of Long Beach for private healthcare facilities. Private healthcare facilities are defined as privately-owned hospitals, outpatient clinics, dialysis clinics, psychiatric hospitals/facilities, and facilities that are part of an integrated healthcare delivery system...

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Advanced Alternatives: World Energy Paramount Renewable Fuels Project

The LAEDC's Institute for Applied Economics (IAE)  released a multiregional economic impact analysis of World Energy’s Paramount, Calif. facility. The report describes the economic impact of World Energy’s ongoing operations and its planned Renewable Fuels Project, which will convert the legacy petroleum refinery into the world’s most advanced clean energy hub. The LAEDC estimates that between...

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Foreign Direct Investment in California, 2022

WTCLA's annual Foreign Direct Investment Report was published in the June 20th LA Business Journal’s LA’s Top 500 issue. Curious which country has the most foreign owned enterprises, jobs and wages in LA, SoCal, Bay Area and state-wide? Read the report to learn more! ...

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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. In February...

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Metropolitan Water District: Regional Recycled Water Program, An Economic Impact Study

This report was prepared by the Institute for Applied Economics of the LAEDC for the Metropolitan Water District. ...

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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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