Silicon Valley and Wall Street are well-known for producing some of the nation’s most successful businesses, but it’s actually Los Angeles County, the home of Hollywood, that crowns the American economy.
Los Angeles County contributed $656 billion in gross domestic product, or 27 per cent of California’s economic output, in 2015, according to a Bloomberg analysis of the most recent data available from the Bureau of Economic Analysis. That’s the largest amount of goods and services produced among 3,000-plus counties in the US and equal to the economic might of Saudi Arabia.
The BEA and the U.S. Census Bureau released