Economic Overview

A Large, Influential Market with World-Class Assets and Access

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Generating more than $450 billion in gross regional product, Greater Philadelphia exerts global influence as one of the nation’s biggest markets. Our 11-county region, spread across southeastern Pennsylvania, southern New Jersey, and northern Delaware, is within a day’s drive of 40% of the U.S. population. A short train ride can take you to major metros like New York City or Washington, D.C. This connectivity confers advantages to companies in every industry, from life sciences and financial services to technology and manufacturing. Our 3.3 million-strong workforce features a steady stream of diverse talent at all levels of experience, including highly skilled college graduates from world-class universities. Indeed, Greater Philadelphia’s low cost of living makes it an attractive destination for talent. The incredible diversity of our community also contributes to the one-of-a-kind experience of working and living in our region.

Top: Philadelphia offers many outdoor venues for runners, cyclists, and walkers, including the Schuylkill River Trail, which spans over 75 miles across five counties. Photo by Elevated Angles for VISIT PHILADELPHIA®. Below slideshow images courtesy of, in part: M. Edlow for GPTMC and University of Pennsylvania Flickr.

James Medaglio, Director, Business Attraction & Expansion

James Medaglio, Director, Business Attraction & Expansion

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