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:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)