New Report: Monitoring Philadelphia’s Economic Recovery, June 2021
Posted by Center City District on June 22, 2021
The pandemic has dramatically highlighted the interdependence of the diverse components of the Center City economy. Downtown offices drive demand for retail and restaurants and attract business travelers. Colleges and universities create demand for apartments, retail and restaurants, and supply graduates who replenish the workforce. Arts and cultural institutions draw regional visitors and tourists, and convention attendees book hotels and restaurants. Remove any of these interconnected components and vitality is challenged, while revenues that support citywide services are curtailed.
For graphics, charts and a narrative of trends, download- Monitoring Philadelphia’s Economic Recovery, June 2021.
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