Boston, MA -- (SBWIRE) -- 12/11/2014 -- Philadelphia derives economic strength from its advantageous location half way between New York and Washington, as well as relatively low business operation costs. In 2012, GVA produced per employee was 17% higher in the city than in the rest of the US. Philadelphia, nonetheless, has ample economic issues to tackle, including sluggish employment growth and a lack of clustering in local industries. In 2012 income per household in Philadelphia was the lowest in comparison with Washington, Boston a...

Euromonitor's City Review report

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