October 2019

Philadelphia in Transition: Advancing an Equitable Economy in a Regional Shift from Industry to Innovation

philadelphia-downtown

Overview

Regional economies play an important role in shaping opportunities and outcomes for low-income residents and people of color. Broad trends in the U.S. economy—such as the decline of traditional manufacturing, the growth of high-tech industries, and the rapid expansion of low-wage service jobs—occur unevenly across the nation’s largest metro areas. To better understand the implications of these trends for advancing regional equity and shared prosperity, this report presents a typology that classifies the 150 largest U.S. regions based on (1) the growth of advanced industries; (2) the decline of manufacturing jobs; and (3) the quality of service-sector jobs that generally do not require a BA degree. Understanding the connections between these factors can help local leaders identify and develop tailored strategies to grow good jobs, create accessible career pathways for people of color, nurture equitable entrepreneurial ecosystems, and improve job quality for all workers. Download the report, methodology, and summary.

To illustrate how these interrelated dynamics manifest at the local level, the report is accompanied by three case studies of diverse metropolitan areas representing different regional types: Charlotte, North Carolina metro; Philadelphia, Pennsylvania metro; and Stockton, California metro.