Full Citation

Title: Philadelphia, A Regional Economic Analysis

Citation Type: Miscellaneous

Publication Year: 2005

ISBN:

ISSN:

DOI:

NSFID:

PMCID:

PMID:

Abstract: Philadelphia is a big city with big city challenges and big city opportunities. It declined badly in the 1970s in population, in production, in measures of prosperity and wealth, possibly in social cohesion as well, but has stabilized or rebounded since then. Racial tension, poverty, and inequality are severe challenges within the citys economy and social structures. Increasing disparity between the city and suburbs is a disturbing trend, though it is also the norm among US metro areas. The economy is diverse, with important industrial concentrations in management, finance & insurance, and professional services. The shift-share analysis suggests these same industries have been fairly steady within the regional economy in recent years. Occupational clusters are also present in several high-paying occupational groupings, including community and social services; life, physical, and social sciences; healthcare; management; and computer and mathematics occupations. Economic development professionals would do well to guard those industries and occupational categories in the region and build on them as opportunities arise. Philadelphias industrial base in manufacturing continues to erode, with no end in sight to this trend.

User Submitted?: No

Authors: Buss, Jamie M.

Publisher:

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Poverty and Welfare, Race and Ethnicity

Countries: