Balanced, Diversified, & Growing
The Lehigh Valley’s gross domestic product (GDP) has risen to record levels for 2019, reaching a record-high of $41.2 billion, with impressive growth in manufacturing, which is now the region’s second largest economic sector behind finance, insurance, and real estate.
The Lehigh Valley GDP of $41.2 billion is higher than that of the entire states of Wyoming and Vermont, and if it were it’s own country it would be the 90th largest economy in the world.
Lehigh Valley economic output ranks 66th out of the 384 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 2017 to 2018. The regional economy is far more balanced and diversified than the national GDP, with 5.9 percentage points separating Lehigh Valley’s top four sectors, compared to 13.6 at the national level.
Featured Event
New Executive Virtual Interview Series
The last year has been a period of tremendous change in executive leadership at the Lehigh Valley’ [...]
Related Stories
-
Even Amid a Pandemic, Here Are Five Things to be Grateful for this Thanksgiving
COVID-19, Economic Data, Success Stories - by Nicole Radzievich Mertz on November 24, 2020
Read MoreThe COVID-19 pandemic has upended workplaces, schools, sports, and just about every aspect of our lives as we battle to keep […]
-
Forward Air Corporation Chooses Lehigh Valley for New East Coast Facility
News Releases, Success Stories, Target Sectors - by Colin McEvoy on November 24, 2020
Read MoreA leading asset-light freight and logistics company based in Tennessee has chosen the Lehigh Valley as the location for its n[…]
-
Chamber Highlights COVID-19 Funding Lehigh Valley Businesses Received
COVID-19, Success Stories - by Colin McEvoy on November 23, 2020
Read MoreThe global coronavirus pandemic didn’t stop Tony Iannelli from making a grand entrance. The President & CEO of the Greate[…]
