Office & Employment

This CCD and CPDC monthly report on the Philadelphia economy and the vitality of Center City describes the transitional moment we are in as the logistical challenges of achieving sufficient vaccine supply and distribution are limiting the opportunities for economic recovery. However, the prospects for another federal relief package and expectations that, after initial stumbles, vaccine distribution will ramp up, point to a strong economic rebound by the end of 2021.

This CCD, CPDC report examines business density and the disparities between the number of Black-owned and white-owned businesses in Philadelphia and compares them to four other East Coast cities.

The 2019 Developments Report includes a map and full-color photos or renderings and project descriptions of all 62 major developments in Center City, categorized by type. New for 2019, an interactive map that features all of the information found within the publication.

After decades of job loss, Philadelphia has enjoyed nine straight years of job growth that accelerated in 2014. Despite the recent upturn however, the city has rebounded more slowly than most peer cities.

This report highlights the direct relationship between Philadelphia’s antiquated tax policy, slow job growth and high poverty rate and suggests a path to more robust, citywide growth.

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