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
Regional Direction
May 4th 2022
Greater Philadelphia’s Tech Workforce: Two Years into the Pandemic
In previous reports and briefs, the Economy League has noted that the region’s technology sector can offer new sustainable career building opportunities as well as anchor future inclusive growth and economic development. Recognizing the growth potential of this influential sector, we continue to... Read More
Regional Direction
April 20th 2022
Income Inequality in Philadelphia – Differences by Race, Ethnicity, and Gender
In this Leading Indicator, we further contextualize Philadelphia’s income inequality with an updated comparison of income and earnings among the city’s residential groups disaggregated by race, ethnicity, and gender. What You Need to Know In 2020, Philadelphia’s median household income... Read More
Regional Direction
April 5th 2022
Income Inequality in Philadelphia – The 2020 Gini Coefficient
With recent discussions of wealth inequality in Philadelphia, as well as a possible wealth tax, it seems timely to measure the city’s levels of income inequality. For this Leading Indicator, we highlight the time-tested Gini coefficient to explore how Philadelphia’s income inequality compares with... Read More
Regional Direction
March 23rd 2022
Inflation in Greater Philadelphia - Part 8: The February 2022 Update
With the recent release of the February 2022 Consumer Price Index (CPI) estimates from the Bureau of Labor Statistics, we continue to analyze the regional inflation rate to see how Greater Philadelphia fares in these unprecedented times. What You Need to Know The February estimates... Read More
Regional Direction
March 9th 2022
Introducing the Economy League’s Historic Neighborhood Data Tool
A common issue faced by researchers interested in longitudinal socioeconomic trends is the limited availability and misalignment of historic neighborhood data. While plenty of lower-level neighborhood data exist, the historic boundary and population changes of various administrative units used as... Read More
Regional Direction
February 23rd 2022
Inside Philadelphia’s Imminent Construction Boom
With increased permitting for new development in Philadelphia, it seems likely that the city will experience a construction boom in the next few years. In this Leading Indicator, we dive deeper into the city’s recent building permit records to analyze and map concentrations of new construction... Read More
Regional Direction
February 9th 2022
Greater Philadelphia’s Employment: Two Years of COVID
The Bureau of Labor Statistics’ January 2022 jobs report noted major gains in national employment levels. While many policymakers and economists lauded the improvement, there are growing signs that these gains show a return to pre-pandemic employment trends – namely, lower-wage service sector... Read More
Regional Direction
January 26th 2022
Rising Rents in Greater Philadelphia
While housing prices are on the rise during this inflationary period, rents are sharply increasing as well. Since renting is often the first step many individuals and families take into the housing market and remains the only option for many low-income residents, steeply rising rents can have a... Read More
Regional Direction
January 12th 2022