A crowd of some 500 people clustered around booths at USC's Tutor Campus Center ballroom, flitting between vastly different products. A clothing brand made out of milk waste sat a booth away from a virtual reality clothing store, rideshare scooters were just down the row from massive cargo-hauling drones.

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Los Angeles is in the midst of a once-in-a-generation moment.

Last year, Schroders Global Cities Index ranked Los Angeles as the most economically vibrant city in the world and the best city for investment. Our metropolitan economy is the world's third largest in economic performance. And in six years we have cut the unemployment rate by more than half.

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