Economic Overview
A Large, Influential Market with World-Class Assets and Access
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
News
Greater Philadelphia’s Quality of Life Stars in the Chamber’s “Discovery Starts with Me” Video Series
When the shift ends or the weekend arrives, Greater Philadelphia’s top-notch quality of life and favorable cost of living take the spotlight. The Chamber’s “Discovery Starts with Me” video series features life sciences talent who [...]
HHS Secretary Becerra Joins U.S. Senator Casey for Visit with Leaders in Greater Philadelphia’s Life Sciences Ecosystem
Greater Philadelphia has the assets and capacity to accelerate science and patient care in the next biotech revolution, and leaders in the region’s life sciences ecosystem had a chance to show that last week [...]
“Why Greater Philadelphia Ranks #2 As CGT Hub” Featured in Cell & Gene
The Chamber of Commerce for Greater Philadelphia commissioned a study conducted by Econsult Solutions, Inc., titled The State of Cell and Gene Therapy in the Greater Philadelphia Region: A Comparative Analysis, which measured the impact [...]