Growing Greater Philadelphia, the Comprehensive Economic Development Strategy (CEDS) is the region's current strategy-driven framework to increase economic productivity, diversify local wealth, improve the culture for underrepresented businesses, and increase individual prosperity for the region's residents.
The CEDS covers a nine-county region—Bucks, Chester, Delaware, Montgomery, and Philadelphia in Pennsylvania, and Burlington, Camden, Gloucester, and Mercer in New Jersey. The CEDS was developed through guidance and support of the Economic Development Committee made up of public-and private-sector representatives.
FY 2024-2028 Growing Greater Philadelphia (PDF)
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Key Regional Economic Development Projects
EDA encourages that the CEDS identify regional projects, programs, and activities designed to implement the goals and objectives of the CEDS. Potential projects should address the greatest needs for the region’s businesses and residents and/or will increase the region’s overall economic competitiveness upon completion. Stakeholders are always invited to submit project ideas. Economic Development Project Submission
Measuring Economic Performance: CEDS Indicators
Disclaimer: charts and figures updated daily
Geographies
Metropolitan Statistical Area (MSA): An MSA is an area with at least one urban core and 50,000 total inhabitants. Each MSA is made up of one or more counties. The Philadelphia-Camden-Wilmington MSA (Philadelphia MSA) is comprised of Bucks, Chester, Delaware, Montgomery, and Philadelphia County in Pennsylvania; Burlington, Camden, Gloucester, and Salem County in New Jersey; New Castle County in Delaware; and Cecil County in Maryland. The Trenton-Princeton MSA is comprised of Mercer County in New Jersey.
Use of MSA instead of counties in region: depending on the data source and its variables, some data is not available at the county level. When this is the case, we use the MSA-level data as a proxy for the DVRPC region. Additionally, since the Trenton-Princeton MSA is relatively small, there are times where data is not available for this geography, and in those cases we only show the Philadelphia MSA data.
Terms
Over-the-year: change from one year to the other. For example, the change in industry employment from October 2020 to October 2021.
New Housing Units Authorized: these are development projects that have received permits but have not yet been built.