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Today at CPDC’s quarterly meeting, Center City District (CCD) released its annual State of Center City 2019, a data-driven compendium, organized by employment sector, that examines the latest trends in both in Center City and in the broader Philadelphia economy.
A timeline of the Center City District's first 25 years.
Join us at the Trestle Inn the first Wednesday of each month from 5-8pm for a happy hour to support the Rail Park
Recovery is progressing by nearly all measures: employment, hotel occupancy, retail and restaurant sales, transit ridership, pedestrian volumes and city tax collections are all up. Job recovery is slow but steady and most significantly, Philadelphia’s unemployment rate fell in October, to the lowest point since 1990.
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.