How Philadelphia’s Economy Is Recovering
February 23, 2023
In June 2022, The Pew Charitable Trusts assessed the status of Philadelphia’s economic recovery two years into the pandemic, identifying five key questions likely to determine the city’s future performance. Those questions concerned jobs, the level of remote work, the size of the workforce, the strength of the housing market, and the implications for an equitable recovery.
This brief, part of a series on Philadelphia’s fiscal and economic future, provides updated answers to those questions, while also evaluating city government revenue. The results show progress in some areas—such as the amount of city revenue—and continuing concerns in others, including overall employment.
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