The Los Angeles-Orange County region leads the nation in business startups, according to a report released Wednesday from the Economic Innovation Group.
Between 2010 and 2014, the Los Angeles-Long Beach-Anaheim metropolitan area generated an annual average of 21,870 business startups, by far the largest number of any metropolitan region in the nation, according to the report from the Washington D.C. think tank.
That was offset by an annual average of 19,430 firm deaths, yielding a net positive birth over death margin of 2,440. That placed the Los Angeles-Anaheim region at No. 20 for the margin of business startups over business failures.
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By: Howard Fine, Los Angeles Business Journal
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