Balanced, Diversified, & Growing
The Lehigh Valley’s gross domestic product (GDP) reached $42.9 billion* for 2020. *This figure excludes government spending
The private sector input of Lehigh Valley GDP of $42.9 billion is higher than that of the entire states of Alaska, Wyoming and Vermont, and if the Lehigh Valley were a country, it’s economy would be larger than 100 countries in the world.
The Lehigh Valley ranks 65th out of the 384 largest metropolitan statistical areas in the United States.
Manufacturing makes up $7.9 billion – or 18.5 percent – of the Lehigh Valley’s overall economic output. That’s a much higher percentage than its share of the national economy. Manufacturing is 12.5% of the U.S. economy, according to the BEA.
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.