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From pop-up shops and craft markets to an eclectic mix of contemporary retailers, and independent boutiques found only in Philadelphia; if it’s in, it’s in Center City this holiday season.
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The vitality and economies of U.S. downtowns have steadily improved since 2020. This major new CCD/CPDC report measures the recovery rates of 26 U.S. downtowns since then using various metrics, including employment, hotel occupancy, retail sales, and housing prices and rents.