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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.

Center City’s transformation into a 24-hour downtown is reflected in its burgeoning retail scene, with residential, convention and tourism growth expanding beyond the historic customer base of office, education and health care employees and students.