Lehigh Valley GDP Outpacing Other PA Regions

“Since the national recession ended, the Lehigh Valley has been on an unprecedented burst of growth,” said Don Cunningham, LVEDC president and CEO. “No other metropolitan area of Pennsylvania has grown at the rate of the Lehigh Valley.”

 

LEHIGH VALLEY, PA—Lehigh Valley GDP Grows to $35.4B, Continues Pattern of Growth

The Lehigh Valley’s GDP has risen to $35.4 billion, a roughly $1.1 billion-increase from the gross domestic product announced earlier this year, not only showing strong overall growth, but also growth in every measurable subcategory.

The regional economy for 2014 ranks 75th out of the 381 largest metropolitan statistical areas in the United States, according to an analysis by the Lehigh Valley Economic Development Corporation (LVEDC).

Having shown consistent growth nearly every year for more than a decade, the Lehigh Valley’s GDP is larger than that of the entire state of Vermont ($30.7 billion) and of 94 other countries in the world.

“Since the national recession ended, the Lehigh Valley has been on an unprecedented burst of growth,” said Don Cunningham, LVEDC president and CEO. “No other metropolitan area of Pennsylvania has grown at the rate of the Lehigh Valley.”

Story continued at lehighvalley.org

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