Balanced, Diversified, & Growing
The Lehigh Valley’s gross domestic product reached a record-high $39.1 billion for 2016, growing by more than 4 percent from the previous year.
The Lehigh Valley GDP of $39.1 billion is higher than that of the entire states of Wyoming ($38.5) and Vermont ($31.5 billion) and of 108 other countries in the world.
The Lehigh Valley ranks 65th out of the 382 largest metropolitan statistical areas in the United States. In addition to strong overall growth, the Lehigh Valley’s GDP grew in every measurable sub-category from 2015 to 2016.
The Lehigh Valley is particularly noteworthy for its unusually balanced and multi-faceted economy. Far from depending on a single industry, the top four sub-sectors of the regional GDP are all extremely close to one another, which ultimately means a healthier and more vibrant regional economy.
The Lehigh Valley has the most balanced and diversified economy in the entire state of Pennsylvania.