Larry Rillera from the CEC LAEDC’s Jessica Ku Kim spoke at the California Energy Commission (CEC) Workshop meeting (webinar) on August 19th on the topic of economic recovery related to the California clean transportation industry. You wouldn’t be faulted for being too busy to join another zoom meeting, so here is a recap of the key points from the meeting. Coincidentally, during this webinar, news was spreading of two LA-based EV companies making big funding and expansion an
LAEDC CEO Bill Allen highlighted at-risk jobs and industries, and the need to help lower income people of color who have been disproportionately impacted by the economic crisis caused by COVID-19, when he addressed the business task force being established by LA County and the Board of Supervisors. In a report to the LA County Board of Supervisors, Bill Allen thanked the Board and the task force, and he presented facts about the economic crisis, stating more than 1 million un
LAEDC’s Institute for Applied Economics has published this analysis of general revenues of the 88 cities in Los Angeles County, assessing the level to which the cities are vulnerable to fiscal shocks as a result of the global COVID-19 pandemic. Awareness of these challenges and prudent planning will be critical for all 88 Cities in Los Angeles County. Collectively, these data serve to highlight which cities may be most in need of state and federal aid in order to maintain es
On April 21, 2020, the LAEDC Institute for Applied Economics has published estimates for the Southern California economic conditions in May 2020, estimating a potential unemployment rate of 31.7% for LA County and 31.4% for the broader Southern California region. This report provides county-level data for each of the 10-counties in Southern California, including San Diego, Imperial, Riverside, Orange, San Bernardino, Los Angeles, Ventura, Kern, Santa Barbara, San Luis Obispo.