Architecture and Design Drive LA to the Tune of $14 Billion and 34,300 Jobs
Otis College report says one million direct and indirect jobs make the creative industries the region’s top economic driver
An economic report released this month, commissioned by Otis College and prepared by Jack Kyser, chief economist of the Los Angeles Economic Development Corporation, says that the design industry on all its levels provides a hefty economic contribution to LA and Orange County. In all, the total economic impact of the design industry in 2005 added up to 34,300 jobs and an output of $14.4 billion. The report includes interior and landscape design in the architecture sector. In Los Angeles County for 2005, the industry reported 10,781 direct jobs and revenues of $5.8 billion (with $5.3 billion from architecture). The sector's total economic impact was 21,500 jobs and output of $11.4 billion. The City of Los Angeles had 4,969 persons working directly in this sector during 2005, and revenues totaled $846 million. For a copy of the full report, visit the Otis College Web site. |