Southern California’s tech/med-tech ecosystem is rich with talent and innovation, offering both cost and lifestyle advantages over markets north along the West Coast. Beyond beaches and movie sets, the region boasts some of the best engineering talent, top-ranked medical research facilities, and a community of… Read More
There are currently 14 projects totaling 2.4 million square feet of office space under construction in the greater Los Angeles market.
The bulk of these projects are expected to deliver in 2017, with one project spilling over to 2018.
Despite the large amount of square… Read More
Coming off a historically high quarter for venture capital funding, the Los Angeles area saw an 86.0 percent drop in capital, down to $231.5 million.
Despite the quarter over-quarter decline, Los Angeles still ranked 6th in the nation for total funding amounts in Q3.
25… Read More
Between August 2015 and August 2016, total nonfarm employment in Los Angeles County grew by 73,900 jobs, or 1.7%.
Educational and health services reported the largest year-over payroll increase, adding 22,800 jobs. This growth was divided between health care and social assistance (up 21,500) and educational services (up… Read More
JLL recently released its Summer 2016 U.S Technology Office Outlook, an innovative report looking at the dynamics shaping the technology industry across 45 markets. Los Angeles continues to rank well in a number of key high-tech market metrics.
The Los Angeles technology sector has seen extensive growth in recent years, and continues to be the catalyst for economic expansion. While the market is still seeing the southward migration of Silicon Valley giants, home-grown technology startups have flourished and are contributing to the industry’s local expansion. As media and technology… Read More
Between July 2015 and July 2016, total nonfarm employment in Los Angeles County increased by 75,900 jobs, or 1.8 percent.
Health care and social assistance expanded payrolls by 21,800 and helped drive up employment in educational and
health services (up 30,800) for the largest year-over increase.
Professional and business services added 15,300 jobs.… Read More
The Los Angeles tech sector continues to expand, ranking on multiple national growth indices, including ranking 7th in employment count, 10th in technology wages, and 2nd for venture capital investment in the most recent quarter.
While VC funding is slowing in some key tech markets across the country,… Read More
Based on the second quarter of 2016, Los Angeles currently accounts for 15.9 percent of the nation’s quarterly VC funding, placing it 2nd in the country, behind San Francisco and ahead of Silicon Valley.
The US as a whole saw a steep rise in VC funding; on the surface it… Read More
Between May 2015 and May 2016, Los Angeles County nonfarm employment increased by 101,000 or 2.4 percent.
- Educational and health services led the year-over gains adding 37,200 jobs. More than three-quarters of the employment expansion was concentrated in health care and social assistance (up 28,300). Educational services contributed 8,900 jobs to the … Read More