What’s Happening to Small Businesses in LA?
What are the business closure rates in Los Angeles County? This LEEAF research report provides a deep dive into the survival rates of small businesses across Los Angeles County. Drawing from a database of over 10,000 businesses and 7,700+ site visits, we compare local industry health, specifically Retail and Food Services, against national benchmarks. This data-driven look at District 1 and District 4 reveals the unique challenges facing micro-businesses and the importance of hyper-local economic support.