Jobs and Southern California’s economic recovery are the impetus for local leaders to come together with business and labor leaders in the development of the below draft Southern California Economic Recovery & Job Creation Strategy. The Strategy addresses the issues that must be solved for our region’s economy to create jobs and energize economic activity today, in the next five years, and over the long term. The approach aims to maximize local control and regional coordination.
SCAG’s Monthly Economic Reports are available for review and download in this section. Each report shows the SCAG region’s economic performance over the past 12 months for a number of important indicators.
CA Film and Television Tax Credit Program
As part of the Regional Council-adopted Southern California Economic Recovery and Job Creation Strategy, one of the objectives was to preserve current key economic industries and encourage their continued economic viability. To further this objective, SCAG commissioned the Los Angeles Economic Development Corporation to prepare a study to analyze the economic impact of the State’s current Film and Television Tax Credit Program and assess the economic and fiscal impact of lost big-budget productions, not eligible under the current program.