Tag Archives: LAEDC

New 2015 Business Incentives Guide available! Learn about tax credits, programs | Los Angeles County Economic Development Corporation

LAEDC is pleased to provide an all-new and updated edition of our LA County Business Incentives Guide, published June 30, 2015!  It provides details on all 88 cities and the county, and has the potential to help your business bottom line tremendously!

Get Guide.

Weekly Economic Update | LAEDC

LAEDC BANNERv.19 n. 09 – Released February 24, 2015

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e-Edge Newsletter | Laedc.org

v.18 n. 34 – Released August 25, 2014

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e-Edge Newsletter v.18 n. 30 – Released July 28, 2014 | Los Angeles County Economic Development Corporation

This Week’s Headlines:

  • California Home Sales and Median Prices in June

Events of Interest

  • August 7, 2014: How to Do Business with the Asian Development Bank Forum
  • October 8, 2014: LAEDC Economic Forecast

California Home Sales and Median Prices in June

The California Association of Realtors released their report on California existing home sales and median prices in June. After increasing by double-digit rates for 23 months, the statewide median price rose over the 12 months ending in June by just 6.6% to $457,160. This may be in indication that median home prices are beginning to stabilize – a positive development for the housing market recovery.

California home sales fell for the eleventh consecutive month, declining by 4.8% to 394,930 units in June seasonally adjusted, annualized rate compared with the same period last year. June also marked eight straight months of home sales below 400,000 units. This might not be all bad: If monthly sales during the previous boom period 2003-2005 are removed from the calculation, the long run average sales figure is 392,000 compared to 413,500 for the entire 1990-present period, slightly lower than the recent sales pace. On a more positive note, the rate of decline in home sales is slowing, possible the result of lower interest rates and more inventory moving on to the market.

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e-Edge Newsletter v.18 n. 29| Los Angeles County Economic Development Corporation

This Week’s Headlines:

  • June State and Local Employment Report
  • U.S. Trade Deficit Narrows in May Due to Record High Exports
  • SoCal Home Sales and Median Prices in June
  • U.S. Retail Sales in June

Events of Interest

  • August 7, 2014: How to Do Business with the Asian Development Bank Forum
  • October 8, 2014: LAEDC Economic Forecast

Read More.

Weekly Business Update | LAEDC

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Weekly Economic Update | LAEDC

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