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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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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
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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
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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
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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
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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
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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
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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
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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
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Regional Direction
January 12th 2022

Inflation in Greater Philadelphia - Part 7: The December 2021 Update

The January 12, 2022 release of the December 2021 Consumer Price Index (CPI) estimates from the Bureau of Labor Statistics shows that inflation is continuing to climb to historic levels both across the U.S. and in Greater Philadelphia. In part seven of our ongoing series covering the local impact... Read More
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