|
|
|
Central Los Angeles - Economic Overview |
|
|
|
|
|
1992 |
|
|
|
|
|
Business |
Sales Rev. |
|
|
% of Total |
Sector |
|
SIC |
|
Count |
($Mil) |
Emp. |
|
Estab. |
|
Emp. |
|
Services |
|
SV |
|
14,678 |
24,584 |
194,271 |
|
45 |
|
51 |
Retail Trade |
|
RT |
|
7,068 |
5,130 |
48,378 |
|
21 |
|
13 |
Construction |
|
CN |
|
726 |
700 |
5,587 |
|
2 |
|
1 |
Finance, Insurance & Real Estate |
|
FI |
|
2,649 |
24,315 |
41,110 |
|
8 |
|
11 |
Transp, Commun & Public Utilities |
|
TU |
|
916 |
6,149 |
27,241 |
|
3 |
|
7 |
Wholesale Trade |
|
WT |
|
4,336 |
10,675 |
28,656 |
|
13 |
|
7 |
Mining |
|
ML |
|
22 |
4 |
194 |
|
0 |
|
0 |
Agriculture, Forestry & Fishing |
|
AF |
|
87 |
46 |
557 |
|
0 |
|
0 |
Manufacturing |
|
MF |
|
2,447 |
4,819 |
38,558 |
|
7 |
|
10 |
|
Total |
|
|
|
32,929 |
76,468 |
384,552 |
|
100 |
|
100 |
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Economic Overview |
|
|
|
|
|
2002 |
|
|
|
|
|
Business |
Sales Rev. |
|
|
% of Total |
Sector |
|
SIC |
|
Count |
($Mil) |
Emp. |
|
Estab. |
|
Emp. |
|
Services |
|
SV |
|
17,723 |
21,851 |
198,648 |
|
46 |
|
51 |
Retail Trade |
|
RT |
|
8,449 |
5,108 |
54,558 |
|
22 |
|
14 |
Construction |
|
CN |
|
806 |
637 |
4,980 |
|
2 |
|
1 |
Finance, Insurance & Real Estate |
|
FI |
|
2,887 |
16,505 |
36,160 |
|
7 |
|
9 |
Transp, Commun & Public Utilities |
|
TU |
|
1,126 |
6,236 |
29,857 |
|
3 |
|
8 |
Wholesale Trade |
|
WT |
|
5,146 |
11,065 |
31,044 |
|
13 |
|
8 |
Mining |
|
ML |
|
11 |
2,846 |
2,236 |
|
0 |
|
1 |
Agriculture, Forestry & Fishing |
|
AF |
|
120 |
22 |
639 |
|
0 |
|
0 |
Manufacturing |
|
MF |
|
2,614 |
4,749 |
32,443 |
|
7 |
|
8 |
|
Total |
|
|
|
38,882 |
69,019 |
390,565 |
|
100 |
|
100 |
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Economic Overview |
|
|
|
|
|
1992 - 2002 |
|
|
|
|
|
% Growth |
Sector |
|
SIC |
|
Business |
|
Emp. |
|
Services |
|
SV |
|
21 |
|
2 |
Retail Trade |
|
RT |
|
20 |
|
13 |
Construction |
|
CN |
|
11 |
|
-11 |
Finance, Insurance & Real Estate |
|
FI |
|
9 |
|
-12 |
Transp, Commun & Public Utilities |
|
TU |
|
23 |
|
10 |
Wholesale Trade |
|
WT |
|
19 |
|
8 |
Mining |
|
ML |
|
-50 |
|
1.053 |
Agriculture, Forestry & Fishing |
|
AF |
|
38 |
|
15 |
Manufacturing |
|
MF |
|
7 |
|
-16 |
|
Total |
|
|
|
18 |
|
2 |
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 10 Growing & Declining Industries Ranked by Change in Business Count, 1992 - 2002 |
|
|
|
|
|
1992 |
|
|
|
|
|
Business |
Sales Rev. |
|
Industry |
|
SIC |
|
Count |
($ Mil.) |
Emp. |
|
Miscellaneous Business Services |
|
7389 |
|
1,205 |
686 |
10,595 |
Legal Services |
|
8111 |
|
1,469 |
2,546 |
19,528 |
Women's and Children's Clothing |
|
5137 |
|
660 |
852 |
3,111 |
Miscellaneous Retail Stores |
|
5999 |
|
353 |
138 |
1,570 |
Eating Places |
|
5812 |
|
1,565 |
493 |
16,568 |
Nondurable Goods |
|
5199 |
|
265 |
240 |
1,223 |
Business Consulting Miscellaneous |
|
8748 |
|
154 |
129 |
2,514 |
Jewelry Stores |
|
5944 |
|
411 |
159 |
1,224 |
Entertainers & Entertainment Groups |
|
7929 |
|
65 |
86 |
491 |
Religious Organizations |
|
8661 |
|
322 |
268 |
2,980 |
|
Advertising Agencies |
|
7311 |
|
242 |
448 |
1,998 |
Developers |
|
6552 |
|
160 |
260 |
875 |
Travel Agencies |
|
4724 |
|
372 |
885 |
2,109 |
Nonresidential Building Operators |
|
6512 |
|
288 |
634 |
2,195 |
Commercial Printing, Lithographic |
|
2752 |
|
202 |
295 |
3,082 |
Women's Juniors' & Misses' Dresses |
|
2335 |
|
152 |
212 |
1,995 |
National Commercial Banks |
|
6021 |
|
105 |
449 |
3,111 |
Women's & Misses' Outerwear |
|
6021 |
|
264 |
612 |
4,417 |
Typesetting |
|
2791 |
|
47 |
8 |
202 |
Women's & Misses' Blouses & Shirts |
|
2331 |
|
86 |
76 |
1,034 |
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 10 Growing & Declining Industries Ranked by Change in Business Count, 1992 - 2002 |
|
|
|
|
|
2002 |
|
|
|
|
|
Business |
Sales Rev. |
|
Industry |
|
SIC |
|
Count |
($ Mil.) |
Emp. |
|
Miscellaneous Business Services |
|
7389 |
|
1,678 |
878 |
9,334 |
Legal Services |
|
8111 |
|
1,792 |
2,495 |
21,945 |
Women's and Children's Clothing |
|
5137 |
|
927 |
1,126 |
4,332 |
Miscellaneous Retail Stores |
|
5999 |
|
618 |
251 |
2,431 |
Eating Places |
|
5812 |
|
1,800 |
557 |
19,231 |
Nondurable Goods |
|
5199 |
|
492 |
357 |
2,097 |
Business Consulting Miscellaneous |
|
8748 |
|
337 |
208 |
3,610 |
Jewelry Stores |
|
5944 |
|
591 |
188 |
1,569 |
Entertainers & Entertainment Groups |
|
7929 |
|
227 |
176 |
921 |
Religious Organizations |
|
8661 |
|
483 |
243 |
3,456 |
|
Advertising Agencies |
|
7311 |
|
159 |
285 |
1,546 |
Developers |
|
6552 |
|
78 |
208 |
505 |
Travel Agencies |
|
4724 |
|
300 |
394 |
1,432 |
Nonresidential Building Operators |
|
6512 |
|
219 |
204 |
1,906 |
Commercial Printing, Lithographic |
|
2752 |
|
140 |
105 |
1,242 |
Women's Juniors' & Misses' Dresses |
|
2335 |
|
94 |
116 |
924 |
National Commercial Banks |
|
6021 |
|
62 |
567 |
1,369 |
Women's & Misses' Outerwear |
|
6021 |
|
227 |
460 |
2,319 |
Typesetting |
|
2791 |
|
11 |
1 |
31 |
Women's & Misses' Blouses & Shirts |
|
2331 |
|
56 |
179 |
653 |
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 10 Growing & Declining Industries Ranked by Change in Business Count, 1992 - 2002 |
|
|
|
|
|
1992 - 2002 |
|
|
|
|
|
|
|
|
Change in |
|
% Growth |
|
|
|
|
|
|
|
|
|
|
Business |
|
Business |
|
Sales |
|
Industry |
|
SIC |
|
Count |
|
Count |
|
Rev. |
|
Emp. |
|
Miscellaneous Business Services |
|
7389 |
|
473 |
|
39 |
|
28 |
|
-12 |
Legal Services |
|
8111 |
|
323 |
|
22 |
|
-2 |
|
12 |
Women's and Children's Clothing |
|
5137 |
|
267 |
|
40 |
|
32 |
|
39 |
Miscellaneous Retail Stores |
|
5999 |
|
265 |
|
75 |
|
83 |
|
55 |
Eating Places |
|
5812 |
|
235 |
|
15 |
|
13 |
|
16 |
Nondurable Goods |
|
5199 |
|
227 |
|
86 |
|
49 |
|
71 |
Business Consulting Miscellaneous |
|
8748 |
|
183 |
|
119 |
|
62 |
|
44 |
Jewelry Stores |
|
5944 |
|
180 |
|
44 |
|
18 |
|
28 |
Entertainers & Entertainment Groups |
|
7929 |
|
162 |
|
249 |
|
106 |
|
88 |
Religious Organizations |
|
8661 |
|
161 |
|
50 |
|
-9 |
|
16 |
|
Advertising Agencies |
|
7311 |
|
-83 |
|
-34 |
|
-36 |
|
-23 |
Developers |
|
6552 |
|
-82 |
|
-51 |
|
-20 |
|
-42 |
Travel Agencies |
|
4724 |
|
-72 |
|
-19 |
|
-55 |
|
-32 |
Nonresidential Building Operators |
|
6512 |
|
-69 |
|
-24 |
|
-68 |
|
-13 |
Commercial Printing, Lithographic |
|
2752 |
|
-62 |
|
-31 |
|
-64 |
|
-60 |
Women's Juniors' & Misses' Dresses |
|
2335 |
|
-58 |
|
-38 |
|
-45 |
|
-54 |
National Commercial Banks |
|
6021 |
|
-43 |
|
-41 |
|
26 |
|
-56 |
Women's & Misses' Outerwear |
|
6021 |
|
-37 |
|
-14 |
|
-25 |
|
-47 |
Typesetting |
|
2791 |
|
-36 |
|
-77 |
|
-83 |
|
-85 |
Women's & Misses' Blouses & Shirts |
|
2331 |
|
-30 |
|
-35 |
|
137 |
|
-37 |
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 5 Business Startups, 2002 |
|
Industry |
|
SIC |
|
Business Count |
|
Sales Rev. ($Mil) |
|
Emp. |
|
% Share of Total Business Startups |
|
Miscellaneous Business Services |
|
7389 |
|
70 |
|
19 |
|
239 |
|
7% |
Eating Places |
|
5812 |
|
39 |
|
19 |
|
744 |
|
4% |
Motion Picture & Video Production |
|
7812 |
|
37 |
|
77 |
|
448 |
|
4% |
Women's and Children's Clothing |
|
5137 |
|
30 |
|
33 |
|
110 |
|
3% |
Miscellaneous Retail Stores |
|
5999 |
|
25 |
|
6 |
|
62 |
|
2% |
|
Total Business Startups |
|
|
|
1,011 |
|
|
|
|
|
|
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 20 Industries Ranked by Employment, 2002 |
|
Industry |
|
SIC |
|
Business Count |
Sales Rev. ($Mil.) |
Emp. |
|
Legal Services |
|
8111 |
|
1,792 |
2,495 |
21,945 |
Eating Places |
|
5812 |
|
1,800 |
557 |
19,231 |
Colleges, Universities & Prof. Schools |
|
8221 |
|
94 |
1,035 |
19,136 |
General Medical & Surgical Hospitals |
|
8062 |
|
29 |
1,547 |
11,717 |
Miscellaneous Business Services |
|
7389 |
|
1,678 |
878 |
9,334 |
Motion Picture & Video Production |
|
7812 |
|
855 |
6,169 |
8,645 |
Management Consulting Services |
|
8742 |
|
505 |
475 |
8,304 |
Offices, Clinics of MDs |
|
8011 |
|
1,165 |
635 |
8,040 |
Hotels & Motels |
|
7011 |
|
207 |
163 |
7,224 |
Insurance Agents, Brokers & Services |
|
6411 |
|
420 |
3,388 |
6,640 |
US Postal Service |
|
4311 |
|
20 |
N.A* |
6,355 |
Newspapers |
|
2711 |
|
81 |
423 |
5,978 |
Services Allied to Motion Pictures |
|
7819 |
|
317 |
710 |
5,216 |
Real Estate Agents & Managers |
|
6531 |
|
679 |
767 |
5,211 |
Individual Family Services |
|
8322 |
|
321 |
380 |
4,538 |
Grocery Stores |
|
5411 |
|
374 |
324 |
4,441 |
Detective & Armored Car Services |
|
7381 |
|
94 |
43 |
4,385 |
Women's and Children's Clothing |
|
5137 |
|
927 |
1,126 |
4,332 |
Jewelry & Precious Stones |
|
5094 |
|
963 |
1,146 |
4,133 |
Accounting, Auditing & Bookkeeping |
|
8721 |
|
418 |
85 |
3,805 |
|
Sources: D&B, Milken Institute *Note: Data not available |
|
Central Los Angeles - Top 10 Industries Ranked by Job Creation, 1992-2002 |
|
|
|
|
|
|
|
Job |
% Emp. |
|
% Share of |
|
|
|
|
Emp. |
|
Creation |
Growth |
|
Total Job |
|
Industry |
|
SIC |
|
1992 |
2002 |
|
1992-2002 |
|
Creation |
General Medical & Surgical Hospitals |
|
8062 |
|
5,622 |
11,717 |
|
6,095 |
108 |
|
9 |
Electric Services |
|
4911 |
|
22 |
3,632 |
|
3,610 |
16,409 |
|
5 |
Eating Places |
|
5812 |
|
16,568 |
19,231 |
|
2,663 |
16 |
|
4 |
Cable / Pay TV Services |
|
4841 |
|
1,200 |
3,741 |
|
2,541 |
212 |
|
4 |
Legal Services |
|
8111 |
|
19,528 |
21,945 |
|
2,417 |
12 |
|
3 |
Crude Petroleum & Natural Gas |
|
1311 |
|
166 |
2,215 |
|
2,049 |
1,234 |
|
3 |
Insurance Agents, Brokers & Services |
|
6411 |
|
4,891 |
6,640 |
|
1,749 |
36 |
|
2 |
Individual Family Services |
|
8322 |
|
2,901 |
4,538 |
|
1,637 |
56 |
|
2 |
Computer Related Services |
|
7379 |
|
295 |
1,583 |
|
1,288 |
437 |
|
2 |
Information Retrieval Services |
|
7375 |
|
107 |
1,375 |
|
1,268 |
1,185 |
|
2 |
|
Total Job Creation |
|
|
|
|
|
70,404 |
|
|
|
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 10 Industries
Ranked by Job Loss, 1992-2002 |
|
|
|
|
|
|
|
Job |
% Emp. |
|
% Share of |
|
|
|
|
Emp. |
|
Creation |
Growth |
|
Total Job |
Industry |
|
SIC |
|
1992 |
2002 |
|
1992-2002 |
|
Creation |
|
Fire, Marine & Casualty Insurance |
|
6331 |
|
5,913 |
377 |
|
-5,536 |
-94 |
|
10 |
Data Processing & Preparation |
|
7374 |
|
5,706 |
2,247 |
|
-3,459 |
-61 |
|
6 |
Specialty Hospitals, Except Psychiatric |
|
8069 |
|
4,461 |
1,004 |
|
-3,457 |
-77 |
|
6 |
Telephone Communications, Except Radio |
|
4813 |
|
5,446 |
3,035 |
|
-2,411 |
-44 |
|
5 |
Women's & Misses' Outerwear |
|
2339 |
|
4,417 |
2,319 |
|
-2,098 |
-47 |
|
4 |
Commercial Printing, Lithographic |
|
2752 |
|
3,082 |
1,242 |
|
-1,840 |
-60 |
|
3 |
National Commercial Banks |
|
6021 |
|
3,111 |
1,369 |
|
-1,742 |
-56 |
|
3 |
Savings Institutions, Fed Chartered |
|
6035 |
|
2,034 |
428 |
|
-1,606 |
-79 |
|
3 |
Department Stores |
|
5311 |
|
2,400 |
894 |
|
-1,506 |
-63 |
|
3 |
Accounting, Auditing & Bookkeeping |
|
8721 |
|
5,152 |
3,805 |
|
-1,347 |
-26 |
|
3 |
|
Total Job Loss |
|
|
|
|
|
-53,499 |
|
|
|
|
Sources: D&B, Milken Institute |
|
Central Los Angeles - Top 20 Industries
Ranked by Total Sales Revenues, 2002 |
|
Industry |
|
SIC |
|
Business Count |
Sales Rev. ($Mil.) |
Emp. |
|
Motion Picture & Video Production |
|
7812 |
|
855 |
6,169 |
8,645 |
Life Insurance |
|
6311 |
|
16 |
3,629 |
2,570 |
Insurance Agents, Brokers & Services |
|
6411 |
|
420 |
3,388 |
6,640 |
Natural Gas Distribution |
|
4924 |
|
4 |
2,858 |
2,524 |
Crude Petroleum & Natural Gas |
|
1311 |
|
6 |
2,845 |
2,215 |
Legal Services |
|
8111 |
|
1,792 |
2,495 |
21,945 |
Metals Service Centers & Offices |
|
5051 |
|
20 |
2,020 |
173 |
Fire, Marine & Casualty Insurance |
|
6331 |
|
19 |
1,834 |
377 |
General Medical & Surgical Hospitals |
|
8062 |
|
29 |
1,547 |
11,717 |
State Commercial Banks |
|
6022 |
|
61 |
1,469 |
3,029 |
Accident & Health Insurance |
|
6321 |
|
12 |
1,468 |
488 |
Fresh Fruits & Vegetables |
|
5148 |
|
162 |
1,452 |
2,956 |
Cable Pay TV Services |
|
4841 |
|
18 |
1,169 |
3,741 |
Jewelry & Precious Stones |
|
5094 |
|
963 |
1,146 |
4,133 |
Women's and Children's Clothing |
|
5137 |
|
927 |
1,126 |
4,332 |
Colleges, Universities & Prof. Services |
|
8221 |
|
94 |
1,035 |
19,136 |
Bottled & Canned Soft Drinks |
|
2086 |
|
3 |
980 |
300 |
Hospital & Medical Service Plans |
|
6324 |
|
4 |
941 |
370 |
Miscellaneous Business Services |
|
7389 |
|
1,678 |
878 |
9,334 |
Local & Suburban Transit |
|
4111 |
|
11 |
807 |
1,551 |
|
Sources: D&B, Milken Institute |
|
|
Central Los Angeles - Establishments by Ownership (EmpHere = EmpTotal), 2002 |
|
|
|
Business Count |
|
Emp. |
|
Sales Rev. ($Mil.) |
|
% of Total Establ. |
|
Total |
|
36,314 |
|
319,016 |
|
25,693 |
|
100 |
|
Minority-Owned |
|
4,152 |
|
28,793 |
|
2,507 |
|
11 |
Women-Owned |
|
5,140 |
|
22,608 |
|
2,054 |
|
14 |
|
Sources: D&B, Milken Institute |
|
|
Central Los Angeles - Establishments by Employment Class Size (EmpHere = EmpTotal), 2002 |
|
|
|
Emp. > 100 |
|
Emp. 10 to 99 |
|
Emp. 1 to 9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Business Count |
|
% of Total |
|
Business Count |
|
% of Total |
|
Business Count |
|
% of Total |
|
Total # of Establ. |
|
Total |
|
379 |
|
1.0 |
|
5,393 |
|
14.9 |
|
30,542 |
|
84.1 |
|
36,314 |
|
Minority-Owned |
|
13 |
|
0.0 |
|
548 |
|
1.5 |
|
3,591 |
|
9.9 |
|
4,152 |
Women-Owned |
|
9 |
|
0.0 |
|
453 |
|
1.2 |
|
4,678 |
|
12.9 |
|
5,140 |
|
Sources: D&B, Milken Institute |
|
|