Exploring Long Beach's Economic Growth and Future Opportunities
Long Beach Economic Partnership Unveils Annual Economic Forum
The Long Beach Economic Partnership (LBEP) has announced its upcoming Annual Economic Forum: Growing Long Beach Impact on the World 2024. This exciting event will take place on a notable Thursday, starting at 8:00 AM and concluding at 12:00 noon, welcoming over 300 civic leaders and industry stakeholders. Set in a new venue, 440 Elm Event Space provides a fresh backdrop for discussions on the economic landscape in the Long Beach region.
Significance of the Economic Forum
This forum is an essential gathering for community and business leaders, offering invaluable access to economic data specific to Long Beach. The lineup will delve into various industry sectors, showcasing both established and emerging areas of growth. With an emphasis this year on the global impact Long Beach radiates through international trade, the forum will also explore the trajectory leading to the 2028 Olympic Games.
Keynote Address by Olympian Ms. LaTanya Sheffield
A highlight of the forum will be the keynote address delivered by Ms. LaTanya Sheffield, who boasts a remarkable career as a former Olympian and American record holder. Currently in her 13th season at Long Beach State, Ms. Sheffield stands out as a guiding figure in collegiate athletics and has been instrumental in Team USA's successes at recent Olympic events, especially at the Paris Games.
Long Beach's Global Brand Visibility
According to LBEP President and CEO Leah Goold-Haws, Long Beach is experiencing an elevation in its global brand presence, especially in anticipation of the upcoming Olympic Games in 2028. The city’s dynamic schedule filled with various international events this year further cements its stature on the world stage, from the inaugural Site Selectors Conference to the Grand Prix Long Beach. The 98th World Trade Week Breakfast, hosted for the first time in Long Beach, marked a remarkable series of events aimed at enhancing the city’s economic portfolio.
Economic Trends and Projections
As we look towards the future, the economic outlook for Long Beach appears optimistic. Robert Kleinhenz, the Director of the CSULB Office of Economic Research, shared insights on the economic scenario, with expectations that the U.S. economy will sustain a growth pace above trends as we approach 2025. This growth is projected to boost job opportunities across key sectors such as healthcare and logistics — both pillars of Long Beach's economy. Additionally, a decrease in interest rates is predicted to invigorate the housing market along with other segments sensitive to interest changes.
Engagement and Involvement Opportunities
To participate in the annual celebration of economic development, interested parties can purchase tickets for the Economic Forum, which also offers exciting sponsorship opportunities for local businesses. This fosters an environment where collaboration and growth can thrive, encouraging an active role in shaping Long Beach's future.
About Long Beach Economic Partnership
The Long Beach Economic Partnership is a dedicated non-profit organization focused on enhancing the city’s economic landscape. LBEP strives to create growth opportunities through collaboratively built partnerships, significant events, and strategic initiatives geared towards sustainable economic advancements. Working hand-in-hand with businesses, LBEP understands and addresses their needs while facilitating a prosperous environment through various services, including site selection and industry-specific programs.
Frequently Asked Questions
What is the Annual Economic Forum?
The Annual Economic Forum is a gathering designed to share economic insights and foster discussions on Long Beach's economic landscape.
Who will be the keynote speaker at the event?
Ms. LaTanya Sheffield, a former Olympian, will deliver the keynote address.
When is the forum scheduled to take place?
The forum will be held on a Thursday, from 8:00 AM to 12:00 noon.
What are the main topics of discussion at the forum?
The forum will discuss Long Beach's economic data, international trade impacts, and preparations for the 2028 Olympic Games.
How can individuals participate in the Forum?
Participants can buy tickets and explore sponsorship opportunities to engage with the economic development activities in Long Beach.
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