The Los Angeles County Economic Development Corporation (LAEDC) and the World
Trade Center Association Los Angeles-Long Beach (WTCA LA-LB) are partnering with
local consulates to prepare the first ever comprehensive report on foreign direct
investment (FDI) in the Los Angeles area. Data will include findings collected for
companies from twenty leading national sources of FDI. The report is expected to be
released in May 2008.
Among the features in the report will be:
• FDI by country of origin and across key industry clusters
• Maps of FDI concentrations throughout Los Angeles County
• An estimated economic impact of FDI in the Los Angeles area
• Testimonials of local companies and cities about the benefit of FDI
• Identification of challenges endangering the local area’s environment for FDI
• Recommendations for local and regional policymakers to maintain and
increase levels of FDI
California is the leading center for FDI in the United States:
#1 in terms of FDI-related employment (2005: 604,200 or 10.9 percent of U.S.
total; increased 6.1 percent from 1997 to 2005)
#1 in terms of FDI-related property, plant, and equipment (2005: $123.5 billion
or 9.5 percent of U.S. total; increased 28.6 percent from 1997 to 2005)
The preliminary report will be released at the International Trade Trends event on May
14, and the final published report will be released at the LAEDC Mid-Year Forecast on
July 16, 2008. Produced by the Jack Kyser Center for Economic Research, the FDI
study along with the annual Trade Trends report is the definitive report on what’s
happening in the international trade industry today.
The FDI study will be posted to the LAEDC and WTCA websites: www.laedc.org and www.wtca.org.