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A Strong and Diverse Local Economy
In the past decade, Oakland has ranked among the top cities for business in Forbes and other publications. As part of the ninth largest regional economy in the United States with a Gross Regional Product exceeding $200 billion, Oakland boasts a strong and diverse business environment.
Major firms continue to relocate in Oakland to enjoy the city's affordability, central geographic location, accessibility, climate and cultural amenities. Oakland's corporate community includes Kaiser Permanente, Clorox, Dreyer's Grand Ice Cream, Pandora, Rainin Instruments and many others. Oakland's leading industry sectors include health care, transportation, food processing, light manufacturing, government, tech, arts, culture and entertainment.
Based on U.S. Census data, Oakland is ranked third in the nation in the percentage of women-owned businesses.
Downtown Oakland is home to a vast telecommunications network with hundreds of miles of underground fiber-optic cable. Oakland’s infrastructure is a major attraction in the global information industry.
Of the sixty largest office markets in the United States, Oakland is expected to have the strongest market for the next several years, according to the Landauer Realty Group.
Visit Oakland's Quarterly Economic Dashboard for the most recent data on Oakland's economy.