Economic Development

New Payroll Jobs
149,531 MAR 2017
Source | Since Taking Office
GOAL: 120,000 by JUN 2017
Total Payroll Jobs in Los Angeles
1,686,808 MAR 2017
Source | +1.9% YOY
GOAL: 1,672,130 by JUN 2017
Total Employment for Angelenos
1,980,472 MAR 2017
Source | +2.4% YOY
GOAL: 1,840,590
Unemployment Rate (Seasonally Adj)
4.6% MAR 2017
Source | -0.8% MOM
GOAL: 4.8% by JUN 2017
New Business Registrations Since 7/1/2013
189,534 APR 2017
Source |
GOAL: N/A
Mean Hourly Wage (LA Metro)
$26.75 MAY 2016
Source |
GOAL: N/A
Median Household Income (Los Angeles City)
$50,205 CY15
Source |
GOAL: N/A
Dollars Leveraged for Manufacturing Sector
$73.9M Q4 FY16
| Since IMCP Designation
GOAL: $45M
Film Production Days
29,435 Q3 CY16
| +6.6 YOY
GOAL: Increase YOY
Passengers through LAX (CYTD)
18,828,259 MAR 2017
Source | +4.5% YOY
GOAL: N/A
Visitors to Los Angeles
47.3M CY16
| +4.0% YOY
GOAL: 50M by CY20
TEU Cargo Containers Through POLA (CYTD)
2,955,299 APR 2017
Source | +10.0% YOY
GOAL: 8.8M by CY16
POLA Market Share (US)
17.1% CY15
| -1.5% YOY
GOAL: N/A
POLA Market Share (West Coast)
38.6% CY15
| -1.2% YOY
GOAL: N/A
POLA Market Share (San Pedro Bay Ports)
52.7% CY15
| -1.7% YOY
GOAL: N/A
Housing Permits Issued
55,817 APR 2017
Source |
GOAL: 100,000 by FY21
Construction Valuation (FYTD)
$5.7B Q3 FY17
Source | +16.3% YOY
GOAL: $6.9B by JUN 2016