LOS ANGELES, CA — Today, the Los Angeles Area Chamber of Commerce and more than 300 business leaders met with Mayor Eric Garcetti and other city elected leaders during ACCESS L.A. City Hall to present the 2013 Los Angeles City Council Districts Economic Report and their agenda of action items that can boost the local economy and create jobs.
“It's time to put the recession behind us. We need a ‘back to basics’ agenda,” said Mayor Eric Garcetti. “I always look forward to ACCESS L.A. City Hall because you help us set the agenda. We are on the move. Our best days are ahead of us.”
The Chamber presented the 2013 Economic Report for the City and individual council districts, which compared key economic indicators for each of L.A.’s 15 Council Districts resulting in a snapshot of each district’s total number of jobs, wages and tax revenue.
The report found that the total employment in the City of L.A. grew by 3.8 percent from 2011-2012, the sharpest increase for the City since before 2005 while the average wage in the city decreased by 2.3 percent. Consumer spending had a second encouraging year with citywide sales tax receipts up by 4.9 percent; following a 9 percent increase a year prior. Business revenue was up in 2012, as well.
After sharing the report findings, the Chamber went on to highlight several action items that can improve our economy during 2014 including; implementing a plan to phase out the gross receipts tax, supporting LAX modernization, providing resources for the port of Los Angeles, improving streets, sidewalks and mass transit, ending chronic homelessness and continuing to invest in tomorrow’s workforce.
“ACCESS L.A. City Hall is about ensuring business growth and job creation is the number one priority for City Hall,” said L.A. Area Chamber President & CEO Gary Toebben. “The Chamber is committed to representing the voices of the business community in Los Angeles and building meaningful partnerships with City Hall to help the economic development of this region.”
Representatives from Southern California Gas Company, Sempra Energy, Chevron, Farmers Insurance, Clear Channel Outdoor, Time Warner Cable and Siemens along with small business owners were among those that joined the Chamber in meetings with the Mayor, City Council Members, City Controller, Ron Galperin and City Attorney, Mike Feuer.
For a complete list of the L.A. Area Chamber’s recommendations to the City, check out the ACCESS L.A. City Hall advocacy agenda.
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The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com.