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New LVstartup Issue Touts Lehigh Valley’s Record-Breaking Economic Growth

By Colin McEvoy on October 5, 2017

LVstartup is a monthly e-newsletter about the Lehigh Valley entrepreneurial scene.

LVstartup is a monthly e-newsletter about the Lehigh Valley entrepreneurial scene.

The Lehigh Valley economy is now larger than that of the entire states of Vermont and Wyoming. And you can read all about it in the latest issue of LVstartup.

The October issue of the monthly e-newsletter about Lehigh Valley entrepreneurs and startups was released today, and included such stories as the regional gross domestic product (GDP) reaching a record-high $39 billion.

Click here to see a full version of the new issue, and click here if you’d like to subscribe to the e-newsletter.

Other featured stories include, among others:

The issue also spotlights several upcoming events, including the Lehigh Valley Meet the Buyers Expo, the Pennsylvania Economic Development Association’s (PEDA) 2017 Fall Conference, and the Lehigh Valley March of Dimes Commercial and Industrial Real Estate Awards.

Additionally, LVstartup features a Lehigh Valley startup each month. This issue, the company is Amorphic Tech, an Allentown-based multifaceted engineering solutions company whose mission is to deliver high quality, sophisticated prototypes and design solutions for industrial mechanical systems.

Visit here for a full archive of past LVstartup issues. To see issues from the past six months, click on the links below:

LVEDC’s Entrepreneurship Council of the Lehigh Valley aims to improve the entrepreneurial environment of the region by listening to its entrepreneurs, identifying their unmet needs, communicating regional entrepreneurship initiatives between council members, and connecting local resources to continue the development of new entrepreneurial support initiatives.

LVstartup receives input from various organizations that serves the local entrepreneurial community, including LVEDC, the Baker Institute for Entrepreneurship, Creativity and Innovation at Lehigh University, Lehigh Valley Tech, the Allentown Economic Development Corporation (AEDC), the Bethlehem Department of Community and Economic Development, Ben Franklin Technology Partners, Penn State Lehigh Valley, and others.

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Lehigh ValleyQuick Facts

Industry Spotlight

9.1% of Labor Force
Employed in Professional, Technical, Financial & Business Services
Q2 2017

By the Numbers
$39.1 Billion

Gross Domestic Product
2016

Investor Spotlight
City Center Lehigh Valley
Industry Spotlight

10.5% of Labor Force
Employed in Manufacturing
Q2 2017

By the Numbers
$3.44 Billion

Exports
2015

Investor Spotlight
Air Products
By the Numbers
$59,989

Median Household Income

Investor Spotlight
PPL Electric Utilities
By the Numbers
24,246

New Jobs Created Over Past 5 Years

Investor Spotlight
National Penn
By the Numbers
659,312

Population

Investor Spotlight
Olympus
By the Numbers
344,623

Labor Force

Investor Spotlight
Lutron Electronics
Industry Spotlight

33% of Labor Force
Employed in Health Care, Social Assistance & Education

By the Numbers
4,399

Technology Patents from 2000-2015

Investor Spotlight
Mack Trucks
Industry Spotlight

10.7% of Labor Force
Employed in Accomodation, Food Services, Arts, Entertainment & Recreation

Investor Spotlight
UGI
Investor Spotlight
NFI
By the Numbers
$6.9 Billion

Manufactuing Contribution to GDP
2016

By the Numbers
$7.98 Billion

Finance, Insurance & Real Estate
Contribution to GDP
2016

By the Numbers
$5.3 Billion

Professional & Business Services
Contribution to GDP
2016

By the Numbers
21.7%

Population between ages 18 and 34