Transportation & warehousing expected to drive the growth of industrial GDP across Greater Philadelphia

  • Transportation and warehousing GDP in comparison to Manufacturing and Wholesale trade, have witnessed the largest amount of growth since 2017 currently up 16.7%, and projected to increase an additional 9.8% by 2027.

 

  • Throughout Greater Philadelphia in 2022, Manufacturing GDP accounted for over 50% of total industrial growth, has increased 8.5% since 2017, and is forecasted to increase an additional 6% by the end of 2027.

 

  • In 2022 Wholesale trade accounted for 33% of the industrial GDP growth across Greater Philadelphia, up 3.2% since 2017. Current forecasts project Wholesale trade to grow an additional 4.2% through the end of 2027.

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["US-PA-PHL"]