Long Beach Industry SnapshotsRelease Date: 2019-03-11
By: Business Journal Staff
A diversity of business sectors drive the Long Beach economy, some with roots dating back to the city’s origins, and others that have blossomed more recently. The city’s economic strength and stability has been bolstered by the variety of its industries; when one slows, another is there to pick up the slack.
Major employers in the City of Long Beach include businesses and organizations in the aviation and aerospace, financial services, health care, hospitality and tourism, oil, technology and trade sectors.
Perhaps the greatest single driver of economic activity in the city and greater region is the Port of Long Beach, which, combined with its neighboring Port of Los Angeles, is responsible for processing about 39% of the country’s maritime international trade. The port supports businesses in the trade, logistics and real estate sectors, including trucking firms, customs brokers and freight forwarders, shipping lines, warehouses and other enterprises.
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