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Just out now- the 2018 edition of our annual report, which distills and analyzes a wealth of data to examine Philadelphia’s current successes and challenges; candidly highlight our shortcomings; and make policy recommendations to address those deficiencies.
The CCD's quarterly newsletter. In this issue: Two-Handed Solutions; Meet Emrah Ulcay; Thank You for Your Support; Homeless Outreach Continues in Center City; and more.
The CCD's quarterly newsletter. In this issue- Center City Developments: Sustaining Momentum; Meet CCD's New Police Captain; Plant Center City Continues this Fall; and more.
Commentary by Paul R. Levy, CCD President and CEO: Philadelphia was beginning its 11th year of growth when we started researching and writing our annual State of Center City report. Then everything changed. We considered not publishing, but decided only to adjust tense in the text, reflecting current realities.
Center City continued to show promising signs of recovery throughout the summer months, buoyed by returning conventions and office workers and increasing numbers of pedestrians who are contributing to rising retail and restaurant sales, local tax revenue, new business openings and increases in convention travel and hotel occupancy.
The just-updated Monitoring Philadelphia’s Economic Recovery monthly report from Center City District/Central Philadelphia Development Corporation provides a snapshot of current conditions and an overview of 2021 based on key economic indicators, commercial office and housing market trends, local tax revenues, transit ridership, parking volumes and pedestrian activity in Center City.
After decades of economic contraction, Philadelphia has added jobs for nine straight years, an unbroken growth streak not seen since the boom years of World War II.