Its a chain reaction that has already. A series of policy shifts—from tax changes to curfew legislation and transit adjustments—are reshaping the environment in which entrepreneurs operate. · what we are seeing recently is the loss of will as businesses are abandoning many of our large cities. A lesson on the law of supply. And the total number of full-time jobs in the city is now consistently above emergency levels and still rising for certain sectors. But bold business tax reform could reverse the city’s economic decline and spark growth. · philadelphia ’ s small business community is entering a pivotal moment. · according to the pew charitable trusts’ business and jobs recovery dashboard, bankruptcy filings by philadelphia -based businesses are approaching pre-pandemic levels. · a job exodus is hitting philly between tyson’s two plant closures and the bourse shutdown, over 250+ food-related jobs have disappeared from the city this past year. · about 300 business professionals gather at the kimmel center for performing arts in center city philadelphia in late december to learn about the local, regional, and national economic trends of 2023 and outlook for 2024. Local truckers are losing contracts, packaging companies are seeing a decline in orders, and cafes near the plants are missing their regular customers. · federal funding cuts and a harsh tax climate threaten philadelphia ’s largest job sectors.

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