Los Angeles Stats

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Category: Output & Income (page 1 of 3)

California is the 9th Richest State in America

The U.S. Census Bureau released on Wednesday new data from its 2016 annual population survey — with largely positive findings. Most notable among the survey’s findings is the significant increase in U.S. median household income between 2014 and 2016 — more than in any two-year period on record. Not only did incomes go up nationwide, […]

Los Angeles Among the Most Expensive Cities to Move

From Europeans heading west in the 19th century to immigrants searching for a fresh start, leaving home in pursuit of opportunity has long been a central part of the American dream. Today, cities and local areas across the United States are actually competing for new residents. Just 11.2% of Americans moved in the past year […]

Computers and Electronics Manufacturing is the Largest Industry in California

One of the strengths of the United States is its diverse economy, which comprises many industries that contribute to overall economic development and greater stability. Total U.S. economic output topped $16 trillion in 2015, and each state’s contribution to overall GDP was unique, both in terms of size and industrial composition. For example, California, New […]

Why California’s Economy is Better Than Most States

Is your state a drag on the American economy or a boon? The 50 states — as diverse as they are — each contribute something to the U.S. economy. Because of their diversity, state economies rarely trend in unison. GDP growth is often the default measure for economic strength, but it often fails to tell […]

Gender Pay Gap Not as Large in Los Angeles

The gender pay gap has narrowed substantially since the Equal Pay Act was signed in 1963. Still, the typical woman working full time in the United States earns $40,022 a year — or only about 80% of the median annual income for men working full time of $50,119. A study conducted by the Pew Research […]

California is the Best State for Immigrants

The California State Senate passed a bill in April that provides a number of protections to immigrants in the state in light of recent crackdowns by Immigration and Customs Enforcement. The legislation limits the power of ICE agents to draw upon the resources of local law enforcement. With the law’s passage, California is now being […]

California Among States Least Dependent on Trade From Canada

The United States Department of Commerce imposed on Monday a 20% import tax on softwood lumber from Canada. The measure is the latest indication of mounting economic tensions between the U.S. and its northern ally. In a press release, U.S. Secretary of Commerce Wilbur Ross said, “It has been a bad week for U.S.-Canada trade […]

30.1% of California’s Electricity Produced From Renewables

Climate change is widely viewed as one of the long-term events most threatening to the Earth and human life. Research shows that since the Industrial Revolution in the 1700s, changes in the Earth’s climate are due in part to human activity — specifically, the burning of fossil fuels and the emission of greenhouse gas. Fossil […]

California is Better Than Most States For Business

For 83 straight months, nearly seven years, the U.S. private sector has added jobs. Unemployment has steadily declined and remains close to a 10-year low. And with investors confident about the economy, the Dow Jones Industrial Average broke through the 20,000 mark early this year. By these and other key measures, business in the United […]

California’s Roads Are Among the Worst in the Nation

In its most recent assessment, the American Society of Civil Engineers gave the United States a failing grade for its infrastructure. According to the group, $3.6 trillion would be needed to raise the standard of America’s roads to acceptable levels before 2020. To determine the states with the worst roads, 24/7 Wall St. reviewed statistics […]

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