Economy of Angeles

In the 2000s, the local government of Angeles rebranded the Fields Avenue tourist belt as a high-end destination with fine restaurants and luxury hotels and casinos The finishing of roads, such as the Subic-Clark-Tarlac Expressway, has improved trade and transport. The project connects the industrial, transport and business hubs of Pampanga, Zambales, Bataan and Tarlac. The project is crucial to bolstering growth in Central Luzon.

The city has cottage industries producing rattan furniture, coconuts, and charcoal briquettes. It also has many thriving export businesses in handicrafts, metal crafts, toys, houseware and garments. Apart from the Clark Freeport Zone, industrial areas include the Angeles Livelihood Village and the Angeles City Industrial Estate.

Call centers present are e-Telecare, CyberCity, Sutherland and IRMC, plus other American IT industries are major employers as well. The establishment of a number of shopping malls also fueled the city's economy, including SM City-Clark, Robinson's Place, Jenra Grand Mall, Nepo Mall, Saver's Mall and the Ayala Marquee Mall, next to the City Hall.

There is also a proposal of constructing a new Formula One quality circuit in a 2,000-hectare lot fronting the North Luzon Expressway between Angeles City and Subic Bay, from which the country may soon play host to prestigious international car-racing events and possibly bid to become one of the venues of the world-renown Formula One series