Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC The Ports of Los Angeles and Long Beach: Links in a Chain 22 nd Annual.

Slides:

Advertisements

Similar presentations

Wrap-up Los Angeles County Board of Supervisors Manufacturing Summit Jack Kyser LAEDC Chief Economist February 27, 2004.

Advertisements

Economic Outlook 21 st Annual Southern California Visitor Industry Outlook Conference Jack Kyser Sr. VP & Founding Economist, The Kyser Center for Economic.

India Trade Conference Trade and Logistics Panel Sea & Air Cargo Trends  Air Cargo  Ocean Freight  Logistics Challenges & Solutions.

India Trade Conference Trade and Logistics Panel Sea & Air Cargo Trends  Air Cargo Trends  Ocean Freight Trends  Logistics Challenges & Solutions.

Emerging Growth: Mid- Decade Economic Trends University of North Texas Center for Economic Development and Research December 2014.

Center for Business and Economic Research. 2 Not Seasonally Adjusted Seasonally Adjusted Civilian Labor Force2,108,6022,109,059 Percent Change from Year.

1 WELCOME WELCOME Inland Empire Regional Economic Vitality Conversation November 4, 2004 Made possible through generous support from Bank of America.

Transportation and the Economy

Harris County: Recipient of Global Trends in Manufacturing and Transportation By: Curtis D. Spencer, President IMS Worldwide, Inc.

November 2010 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including.

FOCUS ON LOS ANGELES COUNTY Southland Regional Economic Recovery Conversation Jack Kyser LAEDC Chief Economist March 4, 2004.

Economic and Market Outlook Sacramento Association of REALTORS® November 2, 2010 Robert A. Kleinhenz, Ph.D. Deputy Chief Economist California Association.

20 Indicators Everyone Should Know C2ER’s 52 nd Annual Conference Oklahoma City June 7, 2012 Jenny Hsu Manager of Economic Research 20 Indicators Everyone.

British Columbia Economic Outlook Carol Frketich, BC Regional Economist.

23 rd Annual Southern California Visitor Industry Outlook Conference Economic Outlook Kimberly Ritter-Martinez Associate Economist The Kyser Center for.

Jack Kyser Chief Economic Advisor October 29, nd Annual Visitor Outlook Conference.

MODULE 0. Real Estate Markets & The Economy: An Empirical View.

1 The Great Recession and its Lasting Impacts Mark A. Berreth, Regional Economist, LMEA Sept. 28, 2011.

Prince William Chamber of Commerce October 13, 2011 What Kind of Recovery Has It Been and the Outlook for the Economy’s Future Stephen S. Fuller, PhD Dwight.

TRI-COUNTY ECONOMIC FORECAST CONFERENCE California Economic Outlook Nancy D. Sidhu, Ph.D. VP & Senior Economist January 11, 2007.

Orange County World Trade Week Breakfast and Forum May 14, 2015 Jim Mayfield, Director U.S. Export Assistance Center Irvine, CA.

1 For: Greater Yakima Chamber of Commerce Donald W. Meseck Regional Labor Economist February 9, 2015 Yakima County Economy – 2014 in Review.

GLOBAL RESEARCH AND CONSULTING THE ECONOMY AND REAL ESTATE GARY BARAGONA DIRECTOR, RESEARCH & ANALYSIS JANUARY 2014.

Jobs 1 st PA: Building a Stronger Pennsylvania. Data Geek.

March 2008 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including facsimile.

California Energy Commission California’s Economic and Demographic Outlook Electricity and Natural Gas Model Inputs and Assumptions IEPR Lead Commissioner.

The Great Economic Unraveling of : Impacts on the U.S. and Texas Bernard L. Weinstein, Ph.D. Cox School of Business Southern Methodist University.

2013 Industry Panel: Job Growth... fact or fiction? Thanks to sponsor Alex Hayden ’95 CEO, Cushman and Wakefield and Chair of Career and Industry Partnerships,

Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC The Economy and Poverty in Los Angeles County MENDing Poverty Conference.

“In the Heart of the Storm” Cerritos College 11 th Annual Advisory Committee Member Recognition Breakfast Jack Kyser Sr. VP & Founding Economist, The Kyser.

What’s Happening on Main Street Montana Main Street Montana Project Presentation Given at the League of Cities and Towns Conference at the Red Lion Helena,

Economic Impact Workshop Overview of Porter & La Porte County Economies October 6, 2011 Dr. Derek Bjonback, Associate Professor College of Business.

GLOBAL Competition: Who, What and Where are California’s Biggest Threats? FuturePorts Annual Conference 2014 June 23, 2014 Darin Chidsey Director of Strategy,

What’s Happening on Main Street Montana Main Street Montana Project Roundtable Great Falls, Montana June 12, 2013.

DBIA-MAR Luncheon February 19, 2013 The U.S. and Washington Area Economies’ Current Economic Performance and Near-Term Outlook Stephen S. Fuller, Ph.D.

Center for Business and Economic Research Serving Alabama Since 1930 Ahmad Ijaz Center for Business and Economic Research The University of Alabama Alabama.

Economic Impacts of the KORUS-FTA Progressive Caucus Briefing Robert E. Scott, Ph.D. Economic Policy Institute February 23, 2011.

Chapter 6: The Economic Contribution of Hospitals.

West Alabama Real Estate Summit Tuscaloosa, AlabamaAugust 24, 2012 Ahmad Ijaz Center for Business and Economic Research Culverhouse College of Commerce.

Southern California Job Growth Trends Southern California Total San Diego County Orange County Riverside/San Bernardino Counties (The Inland Empire) Los.

Southeast Florida Regional Vision & Blueprint for Economic Prosperity Economic Development Briefing John Kaliski Cambridge Systematics, Inc. February 15,

Seattle Catherine & Tristin. Map Seattle, Wash. - the largest city in Washington and the seat of King County. - the region's commercial and transportation.

Michael R. Christensen, P.E. Deputy Executive Director October 23, 2009 AASHTO Special Committee on Intermodal Transportation and Economic Expansion: Freight.

Foreign Trade Zone Workshop. Gina Barro Business Development Manager Trade Development.

1 California’s Global Gateways: Trends and Issues Jon Haveman Public Policy Institute of California.

Washington Area Compensation and Benefits Association February 21, 2013 Uncertain Economic Times: Impacts on Local DC, MD and VA Employers and Employees.

Economic Outlook: Continued Growth: How Much Longer? San Rafael, CAOctober 29, 2015 Robert Eyler, Ph.D. CEO and Chief Economist Marin Economic Forum

© Global Foresight 2010 all rights reserved   California’s People Weaving a Multicultural Web for.

1 For: South Central WDC – Full Board Meeting Donald W. Meseck Regional Labor Economist February 9, 2016 Yakima County Economy – 2015 in Review.

Chartbook 2005 Trends in the Overall Health Care Market Chapter 6: The Economic Contribution of Hospitals.

Presented for “The 12th Taiwan-Peru Joint Business Councils Meeting” Organized by Chinese International Economic Cooperation Association (CIECA) Date:

1 For: Economic Leadership Roundtable, Port of Douglas County Donald W. Meseck, Regional Labor Economist January 21, 2016 Wenatchee MSA Economy: 2015 in.

Inland SoCal iHub In March 2010, the State of California launched its Innovation Hub (iHub) program to harness California’s creative and entrepreneurial.

1 For: Leadership Kittitas County Donald W. Meseck Regional Labor Economist April 18, 2014 Kittitas County Economic Update.

Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC LAEDC Economic Forecast & Industry Outlook Office of the City Controller,

Ahmad Ijaz Center for Business and Economic Research The University of Alabama 28 th Annual Economic Outlook Conference January 14, 2016.

October 25, 2012 John Coleman, Executive Director Bay Planning Coalition.

Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC Economic Forecast & Industry Outlook Lakewood Chamber of.

King Fahd University of Petroleum and Minerals

Houston’s Labor Market

2017 Economic Outlook IREM Los Angeles

East Bay / San Francisco Economic Forecast:

South Bay Economic Forecast & Industry Outlook,

Economic Update & Outlook Arizona State Board of Equalization

Why Atlanta For Business

The State of Our Manufacturing Economy

Regional Overview and Outlook 2018

30th Annual Visitors Industry Outlook Conference ECONOMIC OUTLOOK

John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP

John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP

Presentation transcript:

Robert A. Kleinhenz, Ph.D. Chief Economist, Kyser Center for Economic Research, LAEDC The Ports of Los Angeles and Long Beach: Links in a Chain 22 nd Annual Policy Conference Pat Brown Institute for Public Affairs November 13, 2015

Kyser Center for Economic Research U.S. & CA Economies Los Angeles County/So Cal Trade Trends Conclusion Kyser Center for Economic Research Outline

Kyser Center for Economic Research U.S. & California Economies

U.S. Adding Jobs At Steady Pace Source: US BLS, CA EDD Kyser Center for Economic Research YTY % change in nonfarm jobs, seasonally adjusted

U.S. In Full Employment Range Source: US BLS, CA EDD Unemployment Rate, Seasonally Adjusted Kyser Center for Economic Research

Forecast Source: LAEDC (September 2015) Kyser Center for Economic Research U.S. Economic Forecast

Kyser Center for Economic Research Total U.S. Goods Trade Source: BEA Exports, Imports of Goods $ in Trillions (Nominal)

Kyser Center for Economic Research Exports and Imports as % of GDP Source: BEA % of GDP

Los Angeles County Goods Movement/Trade Trends Kyser Center for Economic Research

Major Industries in Los Angeles County TRADED INDUSTRIES (Generate New Income) International Trade Entertainment Business Services Aerospace Fashion & Apparel Tourism Knowledge Creation LOCAL INDUSTRIES (Circulate Income) Retail Sales Leisure & Hospitality Health Care/Social Assistance Kyser Center for Economic Research

Job Trends by Industry – Los Angeles YTY % change in nonfarm employment by industry, not seasonally adjusted Source: CA EDD, Labor Market Information Division Sept. 2015: +85,000 jobs, +2.0% YTY; u-rate: 6.2% Kyser Center for Economic Research

Millions of TEUs Container Throughput San Pedro Bay Ports Sources: Ports of Los Angeles and Long Beach; forecast by LAEDC Kyser Center for Economic Research Sept YTD: +0.7% Year-to- Date

Kyser Center for Economic Research International Container Traffic at Nation’s Major Ports Millions of TEUs Source: Port Statistical Releases

Kyser Center for Economic Research San Pedro Ports Dominate Top 10 Source: Port Statistical Releases, Compiled by LAEDC POLA/POLB Containers as a Share of Top Ten Total

Kyser Center for Economic Research L.A. County Trans/Warehousing & Wholesale Employment Sept YTY: Trans/Warehousing +4,000 jobs, +2.6% Wholesaling +7,100 jobs, +3.2% Source: CA EDD, Labor Market Information Division

Kyser Center for Economic Research Trade-related Employment with employment shares by county Source: California EDD, LMID Employment, thousands

Kyser Center for Economic Research Value of International Trade at Nation’s Leading Customs Districts Billions USD Source: U.S. Dept. of Commerce, U.S. Bureau of the Census

LACD Top 5 Import Sources, 2014 Source: USA Trade Online – *China includes Hong Kong Kyser Center for Economic Research Billions of U.S.$

LACD Top 5 Export Destinations, 2014 Source: USA Trade Online -- *China includes Hong Kong Kyser Center for Economic Research Billions of U.S.$

 Computers & Electronics ( Computers and Semiconductors )  Transportation Equipment ( Autos and Auto Parts )  Apparel ( Women’s Clothing )  Miscellaneous Manufacturing ( Toys, Jewelry and Medical Equipment )  Electrical Equipment ( Appliances ) Kyser Center for Economic Research LACD Top Imports Ranked by Value, 2014 Source: USA Trade Online

 Computers & Electronics ( Measuring Instruments and Semiconductors )  Transportation Equipment ( Aerospace Products – Aircraft Engines and Parts )  Chemicals ( Organic & Inorganic and Resins )  Machinery ( Ag & Construction related and Pumps )  Food ( Meat – Frozen Beef ) Kyser Center for Economic Research LACD Top Exports Ranked by Value, 2014 Source: USA Trade Online

 Transportation equipment (aircraft products/parts)  Royalties (from film and music)  Petroleum Products  Precision Instruments  Semiconductors Kyser Center for Economic Research Los Angeles Metro Area Exports Ranked by Value, 2012 Source: Brookings Institution Export Nation

Kyser Center for Economic Research Los Angeles County - Gateway to America’s Largest Consumer Market California Population: 37.7 Million Southern California Los Angeles Metro Area + San Diego County Population: 21.2 Million * If LA County were a state, it would be larger than 43 other states in US. Source: CA Department of Finance, Demographic Research Unit Los Angeles Metropolitan Area Los Angeles County* Orange County Riverside County San Bernardino County Ventura County Population: Million

Challenges & Opportunities CHALLENGES Port Competition Limited Industrial Space Labor-Automation Tradeoff Freeway Congestion Port-Related Pollution OPPORTUNTIES  Big Ship Ready, Efficient  Think Regional – IE  Alameda Corridor  Global Leaders in Adoption of Pollution Mitigation Efforts & Technology  Growth of Trade – US & Global!!! Kyser Center for Economic Research THANK YOU