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Regional Direction
September 21st 2022

Inflation in Greater Philadelphia: The August 2022 Update

This Leading Indicator provides an update on localized inflation rates for Greater Philadelphia after the release of latest August 2022 Consumer Price Index (CPI) estimates by the Bureau of Labor Statistics. As prices slow down for the first time in the last twelve months, we unpack the impact of... Read More
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Regional Direction
September 8th 2022

Rising Renters of Philadelphia

Recent media and research reports have commented on increasing rents across the country [1,2,3]. Many of us are now familiar with how a tight housing market during the initial years of the COVID-19 pandemic slowed the typical churn of the rental market and kept many first-time and middle-income... Read More
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Regional Direction
August 10th 2022

Detroit: The Rise and Fall of a Public Transit System

We continue our Leading Indicator series focused on Detroit as we prepare to convene 150 Philadelphia civic and business leaders for the Greater Philadelphia Leadership Exchange (GPLEX) in the Motor City this October. In this edition, we examine the state of Greater Detroit's public transportation,... Read More
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Regional Direction
July 27th 2022

Detroit: Past and Future of a Shrinking City

We continue our Leading Indicator series focused on Detroit as we prepare to convene 150 Philadelphia civic and business leaders for the Greater Philadelphia Leadership Exchange (GPLEX) in Detroit this October. In this edition, we examine the Motor City’s decline in industrial activity and... Read More
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Regional Direction
July 13th 2022

A Philadelphia-Detroit Comparison: The Economies

We continue our series comparing Philadelphia and Detroit as we prepare to convene 150 Philadelphia leaders in Detroit for the Greater Philadelphia Leadership Exchange (GPLEX) in October 2022. In this Leading Indicator, we examine both the past and present economic conditions of Detroit to better... Read More
July 11th 2022

The Economy League and ImpactPHL Launch PAGE Hurdle Fund with $125,000, Aiming to Eliminate Barriers for Black & Brown Businesses Pursuing Institutional Contracts to Grow Businesses & Build Wealth

According to data from the Economy League of Greater Philadelphia (ELGP), Philadelphia's major educational and healthcare anchor institutions spend approximately $2B+ per year across 19 sectors, yet less than 12% of spending goes to local Black and Brown-owned businesses, creating a significant... Read More
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Regional Direction
June 29th 2022

A Philadelphia-Detroit Comparison: The Populations

As part of our Greater Philadelphia Leadership Exchange (GPLEX) program, the Economy League is convening a diverse cohort of 150 Philadelphia civic and business leaders for a trip to the Motor City this October. To gear up for GPLEX 2022, the next few issues of Leading Indicators will compare... Read More
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Regional Direction
June 15th 2022

Philadelphia’s Employment Gains and Losses Since COVID-19

The Bureau of Labor Statistics’ most recent jobs report continues to note major gains in national employment levels. These gains, however, are unevenly distributed across industries since many food, accommodation, and retail businesses continue to struggle to fill open positions [1]. For this... Read More
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Regional Direction
June 1st 2022

Inflation in Greater Philadelphia: The Spring 2022 Update

Prices are continuing to rise both across the nation and in Greater Philadelphia. With the Bureau of Labor Statistics’ recent release of inflation estimates, we continue to track rising prices in Greater Philadelphia as part of our ongoing efforts to demystify the local impact of inflation.... Read More
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Regional Direction
May 16th 2022

Rising Rents in Greater Philadelphia in 2022: An Update

Even with the Federal Reserve’s recent implementation of measures to curb inflation, including increasing interest rates for mortgages and auto loans [1], rents continue to rise across the country. In this Leading Indicator, we review updated rental data from Zillow to monitor rising rents in both... Read More
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