In 2023, the finance, insurance, real estate, rental, and leasing industry added the most value to California's gross domestic product, adding 577.27 billion chained 2017 U.S. dollars. The information industry added 452.26 billion U.S. dollars to the state GDP in that year.
This graph shows the GDP of the Los Angeles metro area in 2022, by industry. In 2022, its GDP amounted to about 1.06 trillion U.S. dollars. About 99.2 billion U.S. dollars were generated by the manufacturing industry. The overall quarterly GDP growth in the United States can be found here.
Gross domestic product of Los Angeles
With a population of over 3.9 million inhabitants in 2011, Los Angeles is the second largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of USD 1.287 trillion to Los Angeles’ 755 billion USD in 2011. Chicago metro area ranked third with GMP of 547 billion U.S. dollars. Washington metro area ranked fourth with 434 billion U.S. dollars in 2011. Additional detailed statistics about GDP and GMP in the United States is available here.
Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 11th with a median household income of 48,466 U.S. dollars annually in 2013. This was lower than the median household income of the United States in 2013, which came in at 51,939 U.S. dollars annually.
Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 817 films in 2011, many of them produced by Hollywood-based studios. In 2012, movie ticket sales in North America generated over 10.8 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Angelina Jolie, earning 33 million U.S. dollars between June 2012 and June 2013. Second on the list was Jennifer Lawrence with earnings of 26 million U.S. dollars.
In 2021, Apple was the largest publicly traded company in California based on revenue. That year, they had a revenue of 365.82 billion U.S. dollars. Alphabet, Chevron, Wells Fargo and Meta rounded out the top five publicly traded companies in California.
Apple
Apple is a multinational company headquartered in California. It was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Known for their popular iPhones and Mac computers, they have further expanded into other products such as iPods, Apple Watch, Apple TV, Air Pods, and Apple Pay. It is now one of the world’s largest and most valuable companies. Their worldwide revenue has increased dramatically since 2004, with the largest share of their sales since 2012 coming from the Americas. Despite being one of the most successful technology companies, it has faced a lot of criticism from consumers. Some of the criticisms include tax avoidance, sweatshop use, and environmental destruction.
Fortune 500 Companies
In 2021, New York and California had the highest number of Fortune 500 companies, followed by Texas, Illinois, and Ohio. For New York, this can be attributed to its being the financial and cultural hub of the country. Fortune 500 Companies are ranked by Fortune magazine, which ranks the the top 500 companies in the United States based on revenue. Companies on this list are both publicly and privately held. The companies that get listed have changed over the years, for a variety of reasons such as company acquisitions, bankruptcies, and changes in the economy.
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Graph and download economic data for Gross Domestic Product: All Industries in Orange County, CA (GDPALL06059) from 2001 to 2023 about Orange County, CA; Los Angeles; CA; industry; GDP; and USA.
This graph shows the GDP of the San Francisco Bay Area in 2022, by industry. In 2022, the GDP of the San Francisco metro area amounted to about 654.73 billion U.S. dollars. About 68.02 billion U.S. dollars were generated in the manufacturing industries. The overall quarterly GDP growth in the United States can be found here. The San Francisco Bay Area’s GDP The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. The United States Census Bureau considers the Bay Area a Combined Statistical Area (CSA) with approximately 7.4 million people, including the nine counties bordering San Francisco Bay as well as Santa Cruz and San Benito Counties, making it the sixth largest CSA in the United States.
In the ten year period between 2001 and 2011, the Bay Area saw its GDP grow considerably. In 2001, GDP was 239 billion U.S. dollars. This value rose to 347 billion U.S. dollars by 2011. Additionally, California ranked first on a list of U.S. states by GDP, with two trillion U.S. dollars of GDP in 2012. Silicon Valley, located in the Bay Area, is in great part responsible for the Bay Area’s and California’s high GDPs, as it is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there.
Personal Income Tax Statistics for California resident sole proprietorships by major industry.
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Get statistical data on food beverage and tobacco manufacturing sector for Ontario.
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Statistical data are compiled to serve as a source of agriculture and food statistics for the province of Ontario. Data are prepared primarily by Statistics and Economics staff of the Ministry of Agriculture, Food and Rural Affairs, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.
Economics: National Ocean Watch (ENOW) contains annual time-series data for about 400 coastal counties, 30 coastal states, and the nation, derived from the Bureau of Labor Statistics and the Bureau of Economic Analysis. It describes 23 industries in six economic sectors that depend on the oceans and Great Lakes and measures four economic indicators: Establishments, Employment, Wages, and Gross Domestic Product (GDP).
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Graph and download economic data for Gross Domestic Product: All Industries in San Mateo County, CA (GDPALL06081) from 2001 to 2023 about San Mateo County, CA; San Francisco; CA; industry; GDP; and USA.
Percentage of enterprises for which specific long-term strategies were the most important, by North American Industry Classification System (NAICS) code and enterprise size, over the next five years. The most important long-term strategies include main focus on good or service positioning, main focus on low-price and cost leadership, and good or service positioning and low-price and cost leadership are equally important.
This statistic shows the number of business establishments in California in 2022 by industry. In 2022, the professional, scientific, and technical services industry had the greatest number of business establishments, with 142,540 registered in the state that year.
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Get data on Ontario Gross Domestic Product (GDP) for agri-food Sector.
The GDP is a monetary measure of the value of all final goods and services produced in a period.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in California (CARGSP) from 1997 to 2023 about GSP, CA, real, industry, GDP, and USA.
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Main market of the business by North American Industry Classification System (NAICS) code and enterprise size. Main market is the geographic region from which the business derived the highest percentage of total sales revenue.
Annual Provincial and Territorial Gross Domestic Product (GDP) at basic prices, by North American Industry Classification aggregates, in chained and current dollars, growth rate.
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Get data on the Ontario gross domestic product (GDP) by Goods-Producing Industries and Services Industries.
The GDP is a monetary measure of the value of all the goods and services produced in a period.
Percentage of enterprises for which the main geographical market was local markets in Canada, the rest of Canada, the United States of America or the rest of the world, by North American Industry Classification System (NAICS) code and enterprise size, based on a one-year observation period. Estimates refer to fiscal year 2017 (end date falling after January 1, 2017 and on or before December 31, 2017).
In 2023, around 3.11 million people were working in the trade, transportation, and utilities industry in California -- the most out of any industry. The education and health services industry employed the second most people in the state, at 3.1 million.
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The Northern California Data Center Market Data Center Market is segmented by DC Size (Small, Medium, Large, Massive, Mega), by Tier Type (Tier 1&2, Tier 3, Tier 4), by Absorption (Utilized (Colocation Type (Retail, Wholesale, Hyperscale), End-User ( Cloud & IT, Telecom, Media & Entertainment, Government, BFSI, Manufacturing, E-Commerce)), Non-Utilized). The market sizes and forecasts are provided in terms of value (MW) for all the above segments.
Gross Domestic Product (GDP) at basic prices, by various North American Industry Classification System (NAICS) aggregates, by Industry, volume measures, (dollars x 1,000,000), monthly, 5 most recent time periods.
In 2023, the finance, insurance, real estate, rental, and leasing industry added the most value to California's gross domestic product, adding 577.27 billion chained 2017 U.S. dollars. The information industry added 452.26 billion U.S. dollars to the state GDP in that year.