Editing Long Beach, California (section)

==Economy==

{{More citations needed section|date=May 2007}}

The economic base has changed over the years. Oil extraction created a boom and continues to fund portions of the city budget.<ref>{{Cite news|last=Pignataro|first=Anthony|date=October 25, 2021|title=Long Beach faces substantial oil abandonment costs in next decade |work=Long Beach Post News|url=https://lbpost.com/news/city-faces-substantial-oil-abandonment-costs-in-next-decade|access-date=October 27, 2021}}</ref> Long Beach was a Navy town for many years before the base closed.<ref>{{cite news|url=https://www.latimes.com/local/california/la-me-long-beach-mayor-20150402-story.html#page=1|title=Mayor Robert Garcia wants to transform Long Beach into high-tech hub|author=Los Angeles Times|date=April 2, 2015|work=Los Angeles Times|access-date=April 3, 2015|archive-url=https://web.archive.org/web/20150403024747/http://www.latimes.com/local/california/la-me-long-beach-mayor-20150402-story.html#page=1|archive-date=April 3, 2015|url-status=live}}</ref> The aerospace industry played an important role. [[Douglas Aircraft Company]] (later [[McDonnell Douglas]] and now part of [[Boeing]]) had plants at the Long Beach Airport where they built aircraft for [[World War II]], and later built [[Douglas DC-8|DC-8]]s, [[McDonnell Douglas DC-9|DC-9]]s, [[McDonnell Douglas DC-10|DC-10]]s, and [[McDonnell Douglas MD-11|MD-11]]s. Boeing built the [[Boeing 717]] until 2006 and the [[C-17 Globemaster III]] [[strategic airlift]]er until 2015, the plants were leased by [[Mercedes-Benz]] and [[Relativity Space]].<ref>{{cite news|title=Mercedes-Benz marks the start of construction on Long Beach facility|url=https://www.presstelegram.com/2014/06/04/mercedes-benz-marks-start-of-construction-on-long-beach-facility/|publisher=Press Telegram|date=June 4, 2014|access-date=March 20, 2021}}</ref><ref>{{cite news|title=Mercedes-Benz Leases Huge Southern California Aircraft Plant |url=http://wheels.blogs.nytimes.com/2013/07/11/mercedes-benz-leases-huge-southern-california-aircraft-plant/ |first=Jerry |last=Garrett |work=The New York Times |date=July 11, 2013 |access-date=March 20, 2021}}</ref><ref>{{cite news|title=Relativity Space to take over massive former Boeing C-17 site|url=https://lbpost.com/news/relativity-space-to-take-over-massive-former-boeing-c-17-site |first=Brandon |last=Richardson |work=Long Beach Post |date=June 30, 2021 |access-date=August 6, 2021}}</ref> Even after greatly reducing the number of local employees in recent years, Boeing is still the largest private employer in the city. [[Polar Air Cargo]], an international [[cargo airline]], was formerly based in Long Beach. [[TABC, Inc.]], a part of [[Toyota]], makes a variety of car parts, including steering columns and [[catalytic converters]], in Long Beach.

Epson America, Inc. the U.S. affiliate of Japan-based [[Seiko Epson]] Corporation, is headquartered in Long Beach.<ref>"[http://www.epson.co.jp/e/company/global_network.htm Epson's Global Network] {{webarchive|url=https://web.archive.org/web/20091010194753/http://www.epson.co.jp/e/company/global_network.htm |date=October 10, 2009 }}." ''[[Seiko Epson]]''. Retrieved on January 13, 2009.</ref> Pioneer Electronics, the U.S. affiliate of Japan-based [[Pioneer Corporation]], is also headquartered in Long Beach along with [[SCAN Health Plan]], a [[Non-profit organization|non-profit]] "[[Medicare (United States)|Medicare]] Advantage" [[Health maintenance organization|HMO]] for seniors. [[Molina Healthcare]], Inc., a [[Medicaid]] management healthcare program, is headquartered in Long Beach. The real estate company [[HCP, Inc.|HCP]] is based in Long Beach. [[Jesse James (television personality)|Jesse James]]' [[West Coast Choppers]] custom motorcycle shop was in Long Beach, and much of the ''[[Monster Garage]]'' [[cable television|cable TV]] show was shot in Long Beach. Long Beach Green Business Association is an organization working to create economic growth through the promotion of green business and promoting a buy local program for Long Beach.<ref>"[http://www.lbgba.org/] {{Webarchive|url=https://web.archive.org/web/20120226175947/http://www.lbgba.org/|date=February 26, 2012}}</ref> The North American subsidiary of video game developer and publisher [[Spike Chunsoft]] is headquartered in a building adjacent to the [[Long Beach Airport]].

The Long Beach Accelerator was founded in 2019 as a public-private partnership between the city of Long Beach, Sunstone Management, and California State University, Long Beach, with the aim of growing the presence of diverse technology entrepreneurs in the city.<ref>{{Cite web |title=About the LBA |url=https://www.lbaccelerator.org/about-the-lba/ |access-date=August 5, 2022 |website=Long Beach Accelerator |language=en-US}}</ref>

===Top employers===

{| class="wikitable"
|+ Largest employers
|-
! #
! Employer
! Employees <small>(2022)</small><ref>{{cite web |title=Comprehensive Annual Financial Report: Principal Employers (p. 191) |url=https://www.longbeach.gov/globalassets/finance/media-library/documents/city-budget-and-finances/accounting/comprehensive-annual-financial-report/fiscal-year-2022-annual-report |publisher=City of Long Beach |access-date=May 29, 2023}}</ref>
! [[Industry (economics)|Industry]]
! [[Headquarters|HQ]]
|-
| 1
|[[Long Beach Unified School District]]
|12,049
|[[Education]]
|{{ya}}
|-
| 2
|City of Long Beach
|5,395
|[[Local government|Government]]
|{{ya}}
|-
| 3
|[[Long Beach Memorial Medical Center]]
|4,950
|[[Healthcare industry|Healthcare]]
|{{ya}}
|-
| 4
|[[VA Long Beach Healthcare System]]
|3,524
|[[Healthcare industry|Healthcare]]
|{{ya}}
|-
| 5
|[[California State University, Long Beach]]
|3,336
|[[Education]]
|{{ya}}
|-
| 6
|[[Long Beach City College]]
|3,321
|[[Education]]
|{{ya}}
|-
| 7
|[[Boeing]]
|2,019
|[[Aerospace manufacturer|Aerospace]]
|{{na}}
|-
| 8
|[[St. Mary Medical Center (Long Beach)|St. Mary Medical Center]]
|1,547
|[[Healthcare industry|Healthcare]]
|{{ya}}
|-
| 9
|CSULB Research Foundation
|1,261
|[[Research and development|R&D]]
|{{ya}}
|-
|10
|[[Molina Healthcare]]
|1,119
|[[Healthcare industry|Healthcare]]
|{{ya}}
|}

Trade valued annually at more than $140 billion moves through Long Beach, making it the second busiest seaport in the United States. The Port supports more than 30,000 jobs in Long Beach, 316,000 jobs throughout Southern California and 1.4 million jobs throughout the United States. It generates about $16 billion in annual trade-related wages statewide.<ref>[http://www.polb.com/about/default.asp Port of Long Beach – About Us] {{Webarchive|url=https://web.archive.org/web/20120311192647/http://www.polb.com/about/default.asp |date=March 11, 2012 }}. Polb.com. Retrieved on July 29, 2013.</ref>

===Retail===
[[Los Altos Center]] is the only mall anchored by major department stores within city limits, while [[Lakewood Center]] mall is adjacent to Long Beach. Until the 1950s, Long Beach was the major retail hub between Los Angeles and Santa Ana. [[Buffum's]], [[Fifth Street Store|Walker's]] and [[Robert's]] all had their flagship stores in the city.<ref>[https://www.newspapers.com/image/19087405/ "Economic health of downtown", ''Independent Press-Telegram'' (Long Beach, California) 21 Apr 1974, p.10]</ref> Later the [[Long Beach Plaza]] and [[Marina Pacifica]] malls were built, since repurposed as [[retail power center]]s. The largest shopping center within the city is the [[Long Beach Towne Center]], a power center opened in 1999 on the site of the Long Beach Naval Hospital. The Pike Outlets and 2nd & PCH are new retail centers.