Greater Philadelphia ranked 4th most improved economy in U.S.

Data from the U.S. Bureau of Labor revealed that Greater Philadelphia is ranked 4th in the nation for most improved economies from 2015 to 2016.

According to Headlight Data, a comprehensive data company that collected the national growth percentages, total U.S. employment grew 1.7% in 2016.

The overall economic improvement of the U.S. economy was .40%; Philadelphia had a .45% improvement rate, falling just behind Tucson, AZ at .71%, Grand Rapids, MI at .86%, and Nashville, TN at 1.84%.

A .45% improvement rate translates to more than 45,000 Philadelphians who became employed last year.

This improvement in employment in Greater Philadelphia will continue to stimulate economic growth throughout the 11-county region.