Long recognized as the financial, commercial and industrial capital of Southern California, the sprawling Los Angeles metropolitan area is one of the nations leading urban-industrial hubs. There are 14 Fortune 500 companies headquartered in the county. Tourism, trade, manufacturing, entertainment, healthcare and defense dominate the local economy. There are 14 Fortune 500 companies headquartered in the county. Tourism, trade, manufacturing, entertainment, healthcare and defense dominate the local economy.
Los Angeles is home to two of the busiest ports in the world; The Port of Los Angeles and the Port of Long Beach. If combined, the two ports would be the world’s eighth-busiest facility in term of container volume, generating nearly $10 billion in U.S. Customs revenues and taxes. Together, the ports generate related employment for nearly l.3 million people throughout Southern California.
Aerospace is still a significant employment force. The metro's aerospace employers, including Boeing, Northrop Grumman and Lockheed Martin, have benefited from new defense and homeland security-related contracts.
The motion picture/entertainment industry is one of the most high-profile sectors of the local economy. Los Angeles is known as the entertainment capital of the world, with most of the major motion picture studios located in the county, as well as much of the music recording and production industry.
Los Angeles County covers 4,752 square miles and includes the islands of San Clemente and Santa Catalina.
Los Angeles County is bordered on the east by San Bernardino and Riverside counties, on the north by Kern and Ventura counties, on the west by the Pacific Ocean, and on the south by Orange County. Nearly every type of climate is represented in Los Angeles, ranging from desert and mountain to coastal. The Los Angeles coastline stretches along 81 miles of world-famous beaches. The Santa Monica and San Gabriel mountains are located in the county, with the highest point at Mount San Antonio reaching over 10,000 feet.
The Los Angeles-Long Beach metro is located entirely within Los Angeles County. The metro’s population is one of the largest in the nation at nearly 10 million and is expected to grow at an annual rate of 0.3 percent over the next five years. Approximately 26 percent of California's population lives in Los Angeles County which encompasses 88 incorporated cities, along with numerous unincorporated areas.