Business in California Los Angeles Economy Silicon Valley USA

Course Summary:

California: Eighth largest economy in the world. Players. Adobe, AMD, Apple, CISCO, eBay, HP, Oracle, Yahoo, Symantec, Intel, ...

Business in California: Eighth largest economy in the world.

California's economy represents over 13% of the United States' Gross Domestic Product. California’s Gross Domestic Product (GDP) grew 24.2% in five years.96.3% of all businesses have fewer than 50 employees. 8.9% of the state’s population reported as self-employed.

California produces more than $1.6 trillion in goods and services annually, making the state the eighth largest economy in the world. California is the prime hemispheric crossroad for trade and investment in the United States with annual exports totaling over $120 billion.

California continues to be the nation's leading high-tech state. The Golden State boasts nearly 1 million high-tech workers, more than any other state. Over one-sixth of all U.S. high-tech workers reside in California. High-tech goods represent nearly 50% of the state's annual exports.

The Port of Los Angeles is one of the world's largest trade gateways and the scope of its economic contributions to the regional economy is far-reaching. The Port is connected directly and indirectly with tens of billions of dollars in industry sales each year throughout the Southern California region.

Sample of the Course:

California is the most popular US location for international companies and attracts more foreign direct investment than any other state. Top investing countries are Japan, United Kingdom, and the Netherlands.

Los Angeles is the largest city in California and the second largest city in the United States of America. If Los Angeles County were a nation, its economy would be the 19th largest in the world. It is home to more than 244,000 businesses, with more minority- and women-owned businesses than any other in the nation. It is the nation's top international trade center and manufacturing center.

The Los Angeles Region is considered one of the first globally representative communities, including the largest Asian population outside Asia and the largest Latino population outside Latin America.  With a population of over 11 million, there are markets and available labor for every industry.

The region is a leader and a major force in tourism, wholesale trade and logistics, technology and motion picture/TV production with unparalleled direct international trade. The high-tech community houses bio-medical research facilities, digital information technology, environmental technology, and creative resource industries.

As the largest major manufacturing center in the U.S., apparel, computer & electronic products, transportation products, toys, fabricated metal products, food products, and furniture industries thrive.

Regions of California. One of the largest markets in the world, California is home to more than 36.5 million people and has 58 counties and over 470 incorporated cities. California's size and diversity offer a wide range of opportunities for every kind of business venture.

• Upstate California: high technology, food processing, medical equipment, software development, distribution, wood products, and other niche manufacturing fields prosper upstate. The Port of Humboldt Bay boasts deep-water port capabilities.
• Sacramento Region: Trade, Transportation and Utilities, Information, Financial Activities, Professional and Business Services, Education and Health Services, Leisure and Hospitality, Agribusiness and Government. As of 2006, the estimated population was more than 1.4 million by the U.S. Census Bureau.
• Bay Area: knowledge-based industries: Computers and Electronics, Telecommunications, Multimedia, Movie/Television Production, Bioscience, Banking and Finance, Environmental Technology, and Business Services. The Napa Valley is experiencing exponential growth in the winemaking industry. The full economic impact of the wine and vineyard sector in Napa County totals $9.5 billion.
• Central Valley: food processing, chain and logistics industries through a diverse range of agricultural products.
• Central Sierra: The Central Sierra Region offers affordable real estate with an emphasis on promoting small business growth.
• Central Coast: Agriculture and tourism drive the regional economy coupled with expanding investment in information, environmental printing and publishing, electronics, metal and wood fabrication, marine research, business services, and global space communications industries.
• Orange County: Disneyland Resort. Tech-savvy industries like Advertising, Apparel Companies, Architecture, Auto Design, E-Commerce, Professional services, Manufacturing, Medical Devices, Pharmaceutical, Residential Builders, Telecommunications, Venture Capital Firms, and World Trade have proliferated in its environment.
• San Diego. technology companies, Qualcomm, ...

Business, California, Los Angeles, Silicon, Valley, USA, Economy, Eighth, largest, economy, world, Players, Adobe, AMD, Apple, CISCO, eBay, HP, Oracle, Yahoo, Symantec, Intel