Blogs of the LA Area Chamber

There is no doubt that the Los Angeles economy, and the nation’s, is powered by small businesses. Ensuring the small business ecosystem is strong and policies work to help support the creation, development, and growth of small businesses is critical for any city’s economic development plans.

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The Los Angeles Area Chamber of Commerce announced the formation of the Alliance for Economic Fairness, a multiple-sector coalition, to protect and support hospitality jobs and small businesses in the region and by opposing the City of Los Angeles' proposal to raise the minimum wage for hospitality workers to an unprecedented $30 per hour.

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The Los Angeles Area Chamber of Commerce released a new study this week, titled, “California’s Competitiveness: A Regional Approach.” The report, published in cooperation with the Inland Empire Economic Partnership and through a grant provided by Bank of America, sheds light on why California should be optimistic about the future and alert to changes in business dynamics.

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The nation’s debt ceiling showdown concluded in Washington, D.C. with a compromise. Avoiding an economic crisis is important not only here in the U.S., but in international markets as well.

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The Los Angeles region is America's gateway to the world and much of that is due to the San Pedro Bay Port Complex. The Complex, consisting of our Port of Long Beach and Port of Los Angeles, is essential to goods movement throughout the U.S. The complex managed 29% of the nation’s imported or exported waterborne containers and 75% of the West Coast’s market share.

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The Los Angeles Area Chamber of Commerce represents the interests of the business community with a broad spectrum of members focused on job creation and innovation. Members include private, non-profit, academic, and public agencies.

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Los Angeles business, education and community leaders descended upon the state capital this week for our annual delegation trip, ACCESS Sacramento. Statewide administration officials, legislators, and public policy experts met with our delegation to provide briefings on a variety of statewide topics, including the state budget, housing, apprenticeship and workforce, energy transition readiness, and small business support.

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Global trade offers job creation, growth opportunities for companies, and contributes to the economy while fostering relationships between nations, all benefiting the Los Angeles region.

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The Los Angeles Area Chamber of Commerce and its members are deeply vested in the Los Angeles region, and believe collaboration with government is essential for a thriving region. We were pleased to welcome Los Angeles Mayor Karen Bass to a meeting with the Chamber Board of Governors. The Mayor was accompanied by Deputy Mayor for Business and Economic Development Rachel Freeman.

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In March, we celebrate Women’s History Month, highlighting the successes of women. While in Washington, D.C. I was pleased to be invited to the White House for the Small Business Administration’s 2nd annual Women’s Business Summit. I was proud to join the Small Business Administration’s Administrator Isabella Casillas Guzman and President Joe Biden to celebrate women entrepreneurs and business owners from across the country.

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