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Upon the publication of this year's State of Center City report, the Inquirer published a column by CCD President & CEO Paul Levy
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.