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Report: Los Angeles, San Diego Among Top Startup Markets

Los Angeles and San Diego are among the metro areas with the highest startup activity, based on a new report from the Ewing Marion Kauffman Foundation. The foundation ranked Los Angeles as number 3, and San Diego as number 4 in terms of the highest startup activity in the United States, based on the rate of new entrepreneurs, startup density, and other factors. Miami was ranked number on in the nation. The Kauffman Foundation says its 2017 Startup Activity Index is an index measure of a broad range of startup activity in the United States across national, state, and metropolitan-area levels. The index uses the rate of new entrepreneurs in the economy, "opportunity share" for new entrepreneurs, and startup density to rank companies in different metro areas for its rankings.