Credits of the Subject “Business, Trade and Transport in California”: 2
If Los Angeles County were a nation, would be the 19th biggest in the World.
The economy of California represents 13% of the GDP of the United States (America) (grew 24.2% in five years).
96% of all companies have less than fifty employees
9% of the population of California reported as self-employed
California produces annually 1.6 trillion dollars in products and services, making California the eighth
largest economy in the World
California is the prime crossroad for Foreign Trade in the United States (annual Exports: 120 billion dollars)
California is the leading high-tech state in the United States
The Golden State boasts 1 million high-tech workers (more than any other U.S. state). 1/6 of all the United States high-tech workers reside in California
Los Angeles is the largest city in the State of California and the second in the United States
The Port of Los Angeles is one of the largest International Trade gateways in the World
California is the most popular United States location for international companies and attracts more Foreign direct investment (FDI) than any other U.S. state
Top investing countries in California are Japan, the UK, and the Netherlands