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LVEDC Releases 2019 Annual Report in Print, Digital Formats

By Colin McEvoy on March 17, 2020

Lehigh Valley experienced another excellent year in economic development in 2019.

The regional GDP reached a record-high $41.2 billion, the exciting new Made Possible in Lehigh Valley initiative was launched, and the Lehigh Valley Economic Development Corporation (LVEDC) tracked 50 business attraction or expansion projects.

All of these stories and more are highlighted in the new LVEDC 2019 Annual Report, which can be read above or downloaded here. Hard copies can be made available upon request.

The 36-page report details LVEDC’s education and talent supply efforts, Lehigh Valley’s steady millennial population growth, and information about the region’s national recognition in such publications as The New York Times and the Delta Air Lines in-flight magazine.

The annual report includes details about each of Lehigh Valley’s 50 major business attraction and expansion stories from 2019, as well as a map showing where each is located. Those combined projects created about 5,500 jobs in the region, and retained nearly 3,700 more.

Among the featured 2019 projects highlighted in the report are ADP, Air Products, Continental Cup, Freshpet, Keurig Dr Pepper, Stuffed Puffs, and Tyber Medical.

The report also highlights LVEDC’s 25th anniversary, awards the organization received, events it hosted throughout 2019, and a year-end report of commercial real estate activity in Lehigh Valley.

The LVEDC 2019 Annual Report was designed by Michelle Chrin, who has designed the organization’s annual report for the last five years, as well as its Commercial Real Estate Reports, Investment Opportunities brochure, and other marketing materials.

For the last two consecutive years, LVEDC Annual Report has won an International Economic Development Council Excellence in Economic Development award for Best Annual Report (Population Greater Than 500,000).

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Lehigh ValleyQuick Facts

By the Numbers
$41.2 Billion

2018 Gross Domestic Product

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City Center Lehigh Valley
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10.6% of Labor Force
Employed in Manufacturing

By the Numbers
$3.8 Billion

Exports in 2019

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Air Products
By the Numbers
$65,119

Median Household Income

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PPL Electric Utilities
By the Numbers
672,907

Population

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Olympus
By the Numbers
358,000

Labor Force

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Lutron Electronics
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26.1% of Labor Force
Employed in "Eds & Meds" sectors

By the Numbers
5,073

Technology Patents

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Mack Trucks
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UGI
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NFI
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14% of the total community college degrees awarded in PA

By the Numbers
$7.3 Billion

Manufacturing Contribution to GDP

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BB&T
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69th largest metropolitan area in the U.S. by population

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Seedcopa
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10,754 degrees awarded by Lehigh Valley colleges (2017-18 academic year)

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Fuling
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85,000 employed in "Eds & Meds" sectors

By the Numbers
149,000

Population between ages 18 and 34

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