Despite a slower pace of job creation in 2016, the South Bay has remained an “engine of growth in Los Angeles County” with employment at a record high, and many industries adding jobs and offering higher wages. That positive, yet reserved, description of the South Bay's economy was derived from California State University, Dominguez Hills' (CSUDH) report “A Region in Transition: Changes and Trends in Consumer Behavior,” which was released and analyzed on Oct. 5 during the university's 2017-18 South Bay Economic Forecast. Hosted by Frank Mottek, anchor for KNX 1070 NEWSRADIO, the economic conference provided a comprehensive, data-driven report on the current state of the South Bay and ... Read More
Business
‘A Region in Transition’: Wages on the rise as South Bay economy blooms, report says
The South Bay's economy is bursting at the seams with full employment and a labor market that's tighter than Los Angeles County as a whole, according to a new local economic report released Thursday by Cal State Dominguez Hills. Business at the Port of Los Angeles, in the South Bay's southern Harbor Area, is doing better than ever as the U.S. economy enters into its ninth year of expansion and both imports and exports are on the rise, the report said. Workers in the local transportation and warehousing industry made 12.5 percent more last year than the prior year, and that continues to trend upward. Strong aerospace, technology, and energy sectors also paint a lucrative portrait of the ... Read More
Furthering Economic Opportunity in Los Angeles’ 2nd District
Los Angeles County Board of Supervisors Chairman Mark Ridley-Thomas convened an economic development gathering within the 2nd District on September 22, at California State University, Dominguez Hills. Co-conveners were Dr. Willie Hagan, president CSUDH, Councilmember Curren Price, and Benny Tran, senior vice president of Development and Strategy, Los Angeles Football Club. Leading economic development officials, policy makers, practitioners, and business organizations met to discuss economic development priorities, address challenges, identify solutions, and encourage greater intra-regional collaboration amongst key-economic development stakeholders. “Furthering Economic Opportunity ... Read More
3rd Annual South Bay Economic Forecast
From the economic implications of marijuana legalization, to delivering gourmet meals to your front door, California State University, Dominguez Hills' (CSUDH) 2017-18 South Bay Economic Forecast conference on Oct. 5 will showcase some of the most innovative local business models and thinkers, and provide a broad analytical report of the current economic drivers in the region. Titled “A Region in Transition: Changes and Trends in Consumer Behavior,” the morning conference will be hosted by Frank Mottek, anchor for KNX 1070 NEWSRADIO, and will provide a comprehensive, data-driven report on the current state of the South Bay and Los Angeles County economies, as well as the outlook for ... Read More
Economics Institute Creates Unique Research Opportunities for Faculty, Students
From the arts and education to public administration and economics, California State University, Dominguez Hills (CSUDH) students from several disciplines painstakingly made one cold call after another until nearly every foreign-owned enterprise in Southern California was surveyed to examine their economic impact in the region. The time-intensive survey that the 15 CSUDH students conducted served as the statistical foundation for the research report “Foreign Direct Investment in SoCal, 2017 Edition," which was developed by the new South Bay Economics Institute at CSUDH for the World Trade Center Los Angeles. The report updated and provided a comparative analysis to a 2016 report of the ... Read More
