Lehigh Valley Economic Development Corporation

A study by the Brookings Institute, which looked at changes in employment and GDP per capita, show the Lehigh Valley is one of the 38 out of 80 major metropolitan areas in the U.S. to fully recover from the Great Recession.

Lehigh Valley One of Few U.S. Metros Fully Recovered from Recession

According to a new study by the Brookings Institution, the Lehigh Valley is one of only 32 out of 80 major metropolitan areas in the United States with equal or higher GDP per capita and unemployment in comparison to 2007. That puts the region one step ahead of metros the study describes as not recovered, such as Chicago, Memphis, Sacramento, Los Angeles, St. Louis and Philadelphia. For this and other LVEDC news stories, click here.

Lehigh Valley – Come here. Grow here. Start here.

Lehigh Valley is a two-county region in eastern Pennsylvania consisting of 62 distinct municipalities and three cities; Allentown, Bethlehem, and Easton. Located one hour north of Philadelphia and 90 minutes west of New York City, Lehigh Valley is the 68th largest metropolitan region in the United States, with a $32 billion GDP that is larger than that of 104 nations.

There are more than 15,000 businesses located within the beautiful Lehigh Valley, of all sizes and in virtually every industry, from global leaders to small start-ups. The region is the fastest growing and third most populous area in the state of Pennsylvania with a population of more than 820,000 residents.

Lehigh Valley was recognized by Site Selection Magazine’s as the second best performing region for economic development in the United States in its prestigious Governor’s Cup Awards rankings for 2013. This marks the sixth consecutive year Lehigh Valley has been ranked in the Top 10. A total of 46 new and expanded corporate facility projects were completed in the Lehigh Valley in 2013.

If you’re interested in learning more about doing business here, Lehigh Valley Economic Development Corporation is the best place to start. Call us today at (610) 266-6775.

 

Newsletter Sign-Up

Receive LVEDC news, submit your info below:

LVEDC Loans & Interest Rates

Details Here

Type Rate Date
PIDA 2.25% 1/14/15
SBA 504 4.60% (20 years) 1/14/15
SBFF 3.25% 1/14/15
MELF 3.25% 1/14/15