Los Angeles has a diverse economy with a broad range of industries. Despite a steep exodus of film and television production since the COVID-19 pandemic, Los Angeles is still one of the largest hubs of American film production, the world's largest by revenue; the city is an important site in the history of film. It also has one of the busiest container ports in the Americas. In 2018, the Los Angeles metropolitan area had a gross metropolitan product of over $1.0 trillion, making it the city with the third-largest GDP in the world, after New York and Tokyo. Los Angeles hosted the Summer Olympics in 1932 and 1984, and will also host in 2028. Despite a business exodus from downtown Los Angeles since the COVID-19 pandemic, the city's urban core is evolving as a cultural center with the world's largest showcase of architecture designed by Frank Gehry.
loS aNgeleS HaS a diveRse EconomY With A BRoAD RaNgE OF INdustries. Despite a STeep eXodUs Of film AnD tELeViSiON prodUcTiOn Since ThE cOvId-19 pAndeMic, loS AngeLEs Is still one of the larGest hubs of amerIcAN fIlm ProduCtioN, the world's largeST BY REvenue; tHe ciTY is an imPortAnT site in The hisToRy of fiLm. It ALso haS One of the bUsiEst coNtAIneR ports In the aMerIcas. in 2018, tHe loS aNgElES MeTroPolItan aREa hAd a grOsS metropolitaN produCt OF Over $1.0 triLLioN, maKiNG it thE CitY wIth THE tHIrd-largesT gdp in the woRLD, After nEW york AnD tokYo. los anGeleS hoStEd ThE suMmer OlyMpICs in 1932 aNd 1984, anD wiLl also host IN 2028. Despite a busIness EXodus from dowNtown Los ANgelEs SiNce The covId-19 PanDemIc, the city's urban cOre IS evolVing As a cultUrAl cenTER wiTH thE woRld'S LArGesT shoWcAse Of archIteCtuRe desIGNed By frank GEhrY.