More than half, 56%, of chamber of commerce members say they saw an increase in business activity from 2023 to 2024, according to an annual survey by the federal reserve bank of philadelphia. · trends and how those trends are playing out here in philadelphia. Philadelphia budget director marisa waxman said that the expected economic downturn is “really front and center in our minds” as the city ramps up budget negotiations. · federal funding cuts and a harsh tax climate threaten philadelphia ’s largest job sectors. · as philadelphia emerged from the economic slump of the pandemic, job growth in the city boomed compared other large urban centers across the country, according to a new analysis of federal. · philadelphia ’s business leaders are preparing for challenges and opportunities as the economy faces uncertainty under the trump administration. · philly ’s business community expects business conditions to be mixed in 2025. · philadelphia — philadelphia has been making strides toward preparing for an economic downturn many experts agree is fast approaching. I’ll also share some findings from a recent survey that our team did to identify barriers to employment for philadelphia residents. · economists forecast that the philly region will see a “soft landing” instead of an abrupt halt to business in the new year. I hope this will provide good background for the panel discussion But bold business tax reform could reverse the city’s economic decline and spark growth. Local experts discussed what might happen next at the chamber of commerce’s state of the economy event.

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