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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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Regional Direction
December 15th 2021

A Review of 2021's Leading Indicators

It seems appropriate for the last Leading Indicator of 2021 to reflect on our work this past year and review lessons learned. We also want to hear from you, our readers, about what you think we should cover in 2022; please take our 2022 Topic Poll.   A Review of 2021 Leading Indicators We... Read More
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Regional Direction
December 1st 2021

Inflation in Greater Philadelphia - Part 6: Inflation Inequality

This data brief is the sixth part of our series covering the localized impact of inflation on Greater Philadelphia. In part four of this series, we demonstrated that average wage growth in the region lagged inflation – that is, as the cost of everyday items increased, wages remained relatively... Read More
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Regional Direction
November 17th 2021

Inflation in Greater Philadelphia - Part 5: The October 2021 Update

With the Bureau of Labor Statistics’ recent release of the October 2021 Consumer Price Index (CPI) estimates, many national and local media sources noted that last month’s inflation rate was the highest increase seen in the U.S. since 1990. From our previous analyses of localized inflation, we have... Read More
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Regional Direction
November 3rd 2021

Inflation in Greater Philadelphia – Part 4: Wage Growth and Inflation

This data brief marks the fourth part of our series covering the localized impact of inflation on Greater Philadelphia. In the first three parts of this series, we unpacked how regional inflation is measured, how Greater Philadelphia’s inflation compares with peer metropolitan regions, and... Read More
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Regional Direction
October 20th 2021

Inflation in Greater Philadelphia – Part 3: Looking in the CPI’s Basket of Goods

This data brief is the third part in our series covering the impact of inflation on Greater Philadelphia. In the second part of this series, we compared the inflation rate of Greater Philadelphia with the other top 20 metropolitan regions in the United States from 2011 to 2021 and found there to be... Read More
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Regional Direction
October 6th 2021

Inflation in Greater Philadelphia – Part 2: Comparing Metropolitan Inflation

This data brief is the second part in our series covering the impact of inflation on Greater Philadelphia. In the first part of this series, we described how inflation is measured and its potential impact on the purchasing power of Greater Philadelphia’s residents. For part two of this series, we... Read More
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Regional Direction
September 22nd 2021

Inflation in Greater Philadelphia – Part 1: De-Mystifying Local Inflation

As Greater Philadelphia’s economy slowly emerges from the impact of the COVID-19 pandemic, inflation has become a growing concern. The pandemic-induced economic lockdowns caused major supply chain disruptions across the globe that will have a long-term impact on the price of goods and services.... Read More
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Regional Direction
September 8th 2021

Declining Homeownership in Philadelphia

Philadelphia has long been touted as an affordable big city [1]. As shown in figure 1, it has the highest owner-occupancy rate among its peer Northeast cities, at 53.0 percent.   FIGURE 1 SOURCE: Data were obtained from five-year estimates of the U.S. Census Bureau’s 2019 American Community... Read More
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