Retail

As fall begins, Philadelphia has continued its slow, steady but uneven employment recovery. Jobs that can be performed remotely declined less during the pandemic and are rebounding faster. Those jobs that require face-to-face interaction with customers were affected most. So long as other workers remain remote, and so long as the Delta variant remains a challenge, making the unvaccinated and the rest of us vulnerable, recovery will be hampered.

State of Center City 2021: Restoring, Returning, Reanimating, is a comprehensive overview of marketplace conditions in Philadelphia at the end of 2020. It provides detailed profiles of the diverse employment sectors that comprise the downtown economy, highlighting strengths and challenges as we entered 2021. It includes information on housing and transportation trends and serves as a report on CCD operations and their impact in the last year.

With the installation of 14 cameras that measure pedestrian volumes 24 hours a day, the CCD now provides retailers, brokers, and developers with detailed counts and analyses of hourly trends.