The Economic Development Strategic Plan provides an assessment of the existing conditions that drive the economy in Monterey Park and is intended to help local stakeholders and decision-makers implement strategies that will contribute to the City’s future economic health. The EDSP includes strategic recommendations to enhance Monterey Park's business climate and support economic growth in a manner consistent with the City’s character. The Plan was created in concert with input from residents, business owners, and public officials by virtue of multiple studies, which include several community/consumer surveys, a comprehensive economic study, an urban design assessment, and a brand development report.