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| What You
Absolutely Must Know About |
| The Famous
"60 Mile Circle"
Surrounding Los Angeles. |
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The
famous "60 Mile
Circle" surrounding
Los Angeles has only 5%
of the land area of California,
yet contains: 45% of the
population; 46% of its personal
income; 56% of its manufacturing
employment; 67% of its total
international trade; 58% of the
headquarters of the 100 largest
industrial companies based in
California. It's no
secret that the Los Angeles area
has one of the world's largest,
richest and most diverse
economies. A Security Pacific
Bank study details just how big
and varied the regional economy
is: "The area within a
radius of 60 miles of downtown
Los Angeles has the
second-largest concentration of
population, employment, business,
industry and finance in the
United States, exceeded only by
the New York metropolis."
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Los
Angeles-area personal income exceeds that
of Chicago by nearly 50%. In total sales
of goods and services, the 60 Mile Circle
ranks 12th in the world, behind Canada,
China, and Brazil but ahead of India,
Spain and Mexico.
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