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The total number of workers, residents and visitors in Center City continued to rise in October 2023 to 82% of October 2019 levels, with the largest increases among workers and residents. Overall, the upward trend in pedestrian volumes for the last three and a half years is showing no signs of having reached any plateau.
CCD, CPDC report suggests that Philadelphia should increase its commitment to quality of life investments and resume its prior commitments to tax reduction, in order to retain and attract residents and businesses and spur widespread and inclusive private-sector job growth.
Conditions prior to the current crisis. Philadelphia will rebound; underlying fundamentals remain strong. When recovery comes, we have strengths to build on, challenges to address.
On December 18, 2018, CPDC hosted a panel discussion with business leaders and asked them to highlight both the opportunities for more dynamic job growth in 2019 and the challenges and hurdles that Philadelphia needs to overcome to capitalize on these opportunities.
The return to shopping and dining will be slow and gradual, influenced by how well and consistently businesses address public concerns about public health and safety, as well as the City of Philadelphia’s flexibility in encouraging the expanded use of public space to accommodate seating and waiting lines, according to results of a new CCD survey of Philadelphia residents.