Philadelphia Stats

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Month: June 2017

Why Pennsylvania’s Economy is Worse Than Most States

Is your state a drag on the American economy or a boon? The 50 states — as diverse as they are — each contribute something to the U.S. economy. Because of their diversity, state economies rarely trend in unison. GDP growth is often the default measure for economic strength, but it often fails to tell […]

AmerisourceBergen is the Largest Company in Pennsylvania

The United States is home to some of the largest global companies. Of the world’s 50 largest public companies by revenue, 21 are based in the United States, including five of the top 10. Many of the largest American companies are headquartered in the country’s major economic capitals, including New York, Los Angeles, Detroit, Dallas, […]

Pennsylvania Among the States Profiting the Most From Sin

Smoking, drinking alcohol, and gambling are all — when done in excess — widely recognized as bad for your health. Yet millions of people enjoy such vices on a daily basis in the United States. To encourage healthier lifestyles, cover the eventual social costs, or help generate revenue some states tax these behaviors. All told, […]

Gender Pay Gap Not as Pronounced in Philadelphia

The gender pay gap has narrowed substantially since the Equal Pay Act was signed in 1963. Still, the typical woman working full time in the United States earns $40,022 a year — or only about 80% of the median annual income for men working full time of $50,119. A study conducted by the Pew Research […]

Philadelphia Unemployment Rate Higher Than Nation

Nationwide, 4.4% of the American labor force is unemployed, a large improvement from the recessionary unemployment peak of 9.9% in 2010. In the Philadelphia-Camden-Wilmington metro area, the unemployment rate of 4.7% is higher than the national figure and far lower than the city’s recessionary peak unemployment rate of 9.0%. The industry composition within a city […]

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