The third-largest metropolitan economy in the world and second-largest city in the U.S., Los Angeles is a vibrant and dynamic center for global business.
The economy of Los Angeles is driven by international trade, entertainment, aerospace, technology, science, and tourism. Known as the "Entertainment Capital of the World," Los Angeles is the epicenter of the motion picture industry and world leader in television and recorded music production. Other industries of Los Angeles include media production, finance, telecommunications, healthcare, agriculture, and transportation. Los Angeles is also the largest manufacturing center in the western United States.
Sports, Recreation, and Arts
With an average annual daytime temperature of 75 degrees and 329 days of sun per year, Los Angeles is a coveted climate to pursue a diverse array of sports, recreation, and cultural opportunities.
For those seeking to enjoy Southern California’s great outdoors, the area offers famous beaches, a range of recreational sports, and mountainous hiking trails. Professional sports teams including basketball’s Lakers, baseball’s Dodgers, hockey’s Kings, and football’s nearby San Diego Chargers offer top sports venues for any enthusiast.
Renowned arts centers including the Los Angeles Music Center, the Kodak Theater, and the Walt Disney Concert Hall consistently host acclaimed music and dance performances. And with more than 841 museums, Los Angeles County has more museums per capita than any other city in the world.
After dark, top restaurants, lounges, comedy clubs, and bars offer a diverse array of culinary experiences and a robust nightlife. The Wiltern Theater, Roxy, House of Blues, Laugh Factory, and Santa Monica Pier are popular destinations. And celebrity chefs offer adventurous and innovative cuisine across the area.
Source: University of Michigan’s Ross School of Business