Los Angeles - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Summary
“City Profile - Los Angeles” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Los Angeles.
Los Angeles-Long Beach-Anaheim, CA (MSA) or Los Angeles metropolitan area is one of the 384 metropolitan statistical areas (MSAs) in the US. The area’s population was 13.26 million in 2021, accounting for 4% of the country’s population in 2021. The area has witnessed immense growth, with advancement of industries such as high-tech, creative economy, aerospace, advanced transportation, manufacturing, international trade, and rapid pace of venture capital investment in startups. In 2021, the area contributed 5.1% to the country’s GDP.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The service sector remains the key contributor to the regional economy - and the major employer.
- LA metropolitan area is an entertainment capital, lined with world famous attractions, historic and cultural buildings, and theme parks. In 2020, the pandemic impeded the growth of the sector. The recovery of the area’s tourism sector in 2022 is expected to be complemented by growth of the travel industry. In 2021, the area's construction sector added 3.5% to the GVA.
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
- City Snapshot
- PEST Analysis
- Political
- Economic
- Social
- Technology and Infrastructure
- Communications
- Internal Transport Networks
- Connectivity
- Airports
- Ports
- Business Environment Analysis
- Travel and Tourism
- Tourism Flows
- Hotels
- Attractions
- Events
- Construction and Real Estate
- Investment
- Real Estate Market
- Retail
- Retail Market
- Consumption, Income and Prices
- Appendix
- Sources
- Further Reading
- Ask the Analyst
- About MarketLine
- Disclaimer
- List of Tables
- Table 1: Los Angeles metropolitan area - key facts (estimates), 2021
- Table 2: Los Angeles metropolitan area - real GDP and real GDP growth, 2000-25
- Table 3: Los Angeles metropolitan area - economic growth comparison (Index 2010=100), 2000-25
- Table 4: Los Angeles metropolitan area - GDP per capita comparison, 2000-25 ($)
- Table 5: Los Angeles metropolitan area - employment structure, 2000-25 (% of total)
- Table 6: Los Angeles metropolitan area - main universities, 2021
- Table 7: Los Angeles metropolitan area - population comparison, 2000-25 (million)
- Table 8: Los Angeles metropolitan area - population by age, 2000-25 (% of total)
- Table 9: Los Angeles metropolitan area - mass transit network indicators, 2021 (number)
- Table 10: Los Angeles metropolitan area - unlinked passenger trips (UPTs), 209-21 (number)
- Table 11: Los Angeles metropolitan area - Los Angeles International Airport (LAX) - total passengers, 2017-21 (number)
- Table 12: Los Angeles metropolitan area - Los Angeles International Airport (LAX) - key airport indicators, 2017-21
- Table 13: Los Angeles metropolitan area - office rents, Q4 2021
- Table 14: Los Angeles County - total visitors, 2017-19 (million)
- Table 15: Los Angeles County - international arrivals by country of residence, 2017-19 (number)
- Table 16: Los Angeles County - hotel KPIs, 21018-20*
- Table 17: Los Angeles metropolitan area - MICE and other events
- List of Figures
- Figure 1: Los Angeles metropolitan area - real GDP and real GDP growth, 2000-25
- Figure 2: Los Angeles metropolitan area - economic growth comparison (Index 2010=100), 2000-25
- Figure 3: Los Angeles metropolitan area - GDP per capita comparison, 2000-25
- Figure 4: Los Angeles metropolitan area - employment structure, 2000-25 (% of total)
- Figure 5: Los Angeles metropolitan area - population comparison, 2000-25
- Figure 6: Los Angeles metropolitan area - population by age, 2000-25 (% of total)
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