Economy
The Greater Los Angeles Area has the third largest metropolitan economy in the world, behind Greater Tokyo Area and New York Metropolitan Area. A 2010 Greyhill Advisors study indicated that the Los Angeles metropolitan area had a gross metropolitan product of $736 billion. Greater Los Angeles (including Inland Empire and Ventura county) had a $770.6 billion economy.
Greater Los Angeles Area is the home of the US National headquarters of almost all Asian car manufacturers except Nissan and Subaru (Nissan moved to Tennessee); Toyota, Honda, Mazda, Mitsubishi, Suzuki, Hyundai and Kia have set up their National headquarters here.
Read more about this topic: Greater Los Angeles Area
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)