Economic Development
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Economic Growth in Kennett Square Reaches New Heights
Economic growth in Kennett Square has reached new heights in recent years, bringing new residents and businesses to the area, writes Fran Maye for the Kennett Paper. These days, the town is bustling with activity with nearly no empty storefronts and an increasing number of festivals that draw people from all over the world. One…
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A Discussion on H.R. 2353: Strengthening Career and Technical Education for the 21st Century Act
Congressman Ryan Costello held a roundtable discussion with employers and educators from Chester County on Friday, September 15. Hosted by the Chester County Economic Development Council, the discussion focused on the educational and skill requirements employers have for new hires as well the various pathways available to prepare workers. Costello updated the group on status…
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Bureau of Labor Statistics: Chester County Pays Philly’s Second-Highest Wage
While job counts are inching up in the Philadelphia area, paychecks are putting on some heft. Chester County’s workforce grew 1.1 percent over the past year, and those 246,400 workers saw their average weekly wage rise to $1,408, according to the U.S. Bureau of Labor Statistics’ first quarter numbers. [uam_ad id=”58459″] Advertisement Within the metro…
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Gov. Wolf Makes Surprise Visit to Coatesville
Once thought unlikely, the renaissance that’s now in the works at the center of Coatesville is impressing even Gov. Tom Wolf, who recently paid a surprise visit to the city, according to a report from The Times of Chester County by Lauren Parker. “All eyes are on Coatesville to see what you’re doing here because…
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Southern Chester County Chamber of Commerce to Host Job Fair for Mushroom Industry
The Southern Chester County Chamber of Commerce is hosting the first job fair of its kind in the region on Sept. 29 from 9 AM-3 PM at its headquarters in West Grove. The goal is to fill a diverse range of jobs in the mushroom industry, including machine operators, supervisors, packers, and administrative roles. Employers…
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Wall Street Journal: Today’s Jobs Offer More Flexibility, Fewer Benefits
Work expectations and job security have shifted significantly over the last two generations, giving today’s workers more flexibility and control over their jobs but fewer benefits, write Lauren Weber and Stephanie Stamm for The Wall Street Journal. In 1973, six percent of Americans complained about working excessive hours, compared to 26 percent in 2016 who…
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Traveling Musician Sings Phoenixville’s Revitalization Praises
She’s seen a thousand towns give revitalization a shot, but Phoenixville was one of the few that caught her eye. After 25 years of touring the nation, singer and songwriter Dar Williams is offering her perspective of what makes a small town thrive. In “What I Found in a Thousand Towns: A Traveling Musician’s Guide…
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Take the Pulse: Is Your Company Expanding?
Are you looking to grow your business in the next 12 months? Please select all that apply.
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Berwyn-Based Analytics Firm Predicts $15 Billion Washed Away in Hurricane Harvey
It’s impossible to know yet the extent of the losses soaked up by Houston in the aftermath of Hurricane Harvey, but Berwyn-based weather intelligence firm Planalytics has an educated guess. Long after the hurricane has spun out, it’s likely to have wrung $15 billion out of the Houston economy, according to a Convenience Store News…
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New Study Suggests Millennials Are Different, but Not Necessarily Worse Employees
Millennials have a bad reputation when it comes to their work habits, but the facts show they aren’t much different than previous generations, writes Joel Naroff for the Philadelphia Inquirer. While often labeled as job-hoppers, a study by the Pew Foundation has found that more than 63 percent of millennials, or those between 18 and…
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Chester County Places 13 Companies on Philadelphia Business Journal’s Soaring 76
The Philadelphia Business Journal has launched a new initiative in 2017 – entitled Soaring 76 – to identify the fastest-growing companies in Greater Philadelphia, writes Clara Lefton. “Greater Philadelphia’s economy is increasingly diverse and dynamic,” said PBJ Publisher Sandy Smith. “We consider it a crucial part of our mission to identify and recognize the companies…
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Getting to Know CCEDC’s Leslie Rylke
Leslie Rylke, Marketing and Creative Services Manager at the Chester County Economic Development Council (CCEDC) has a few reasons to celebrate this summer. Not only did she just mark her four-year anniversary with the organization on August 23 but also was promoted to her new role on July 1st. CCEDC’s President and CEO, Gary W.…
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Exton Experiencing a Development Renaissance
Exton is seeing a renewed interest from developers, resulting in a growing number of diverse projects being constructed in the area, writes Brian McCullough for the Daily Local News. “There’s a lot happening now,” said Mimi Gleason, West Whiteland’s township manager. “A lot of it is because of the economy, the pent-up demand, and a…
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Businesses Flock to Suburbs in Search of Affordable Office Space, and Millennials Are Loving It
Businesses are leaving urban centers and opting for the suburbs, as they provide the work-life balance that many millennials strive for, writes Lara O’Keefe for Bisnow Media. This shift has led to some suburban office space markets outpacing downtown centers. According to the CBRE, the main reason is that people want to work near stores…
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Philadelphia Area Among Nation’s Top Five Most Improved Economies for Job Growth
Federal employment data puts the Philadelphia area among the nation’s Top Five most improved large metropolitan economies for job growth from 2015 to 2016, according to a report in the Philadelphia Business Journal. The study published by Headlight Data shows that Philadelphia posted the fourth most improved economy for the 12-month period. The study used…
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We’ve Updated our Profile – 2017 Take the Pulse Survey Results Released
On social media and dating sites, it is a best practice to keep your profile up to date. Chester County feels the same way about its business climate profile so for a second year they conducted a Take the Pulse survey. Launched this past February, area business were asked by the Chester County Board of…
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Coatesville Ready for a Resurgence Akin to West Chester’s, Phoenixville’s
A wrecking ball looms at the gateway to downtown Coatesville, but “the poorest city in the state’s richest county” is finally ready for a resurgence akin to West Chester’s and Phoenixville’s, according to a Philadelphia Inquirer report by Michaelle Bond. The $21 million “Coatesville Gateway” project by DEPG of Legend Properties at the intersection of…
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Elaborate Plan for West Chester’s Mosteller Building Reintroduced to Borough Council
Two years after his original development plan for the former site of the Mosteller Building was rejected, Eli Kahn of Downingtown’s D-Town Associates has reintroduced it to West Chester Borough Council, writes Bill Rettew for the Daily Local News. Kahn wants to construct a 45,000-square-foot, four-story building with the upper floors containing offices and the…
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