II.

Economy

Los Angeles is one of the leading manufacturing, commercial, transport, financial, and international trade centres in the United States. Manufactured goods include electronic equipment, clothing, processed foods, metal goods, chemicals, building supplies, and printed materials. The Los Angeles metropolitan area is a leading hub of the US aerospace industry, as well as a centre for film, radio and television (notably Hollywood film-making), and for the recording industry. The city contains the headquarters of many large corporations, research and development facilities, and financial institutions, with tourism an increasingly important part of the city's economy. The port of Los Angeles-Long Beach, which is situated on San Pedro Bay, handles more cargo than any other US port on the Pacific Coast.