How do Philadelphia company runners feel about the state of the city’s business economy?

Last Friday, the Chamber of Commerce for Greater Philadelphia presented the results of a survey asking its members. Over the course of about a month at the end of last year, the Chamber posed questions about the changes in business conditions between 2018 and 2019, and looking forward to 2020. Ryotaro Tashiro, regional economic advisor at the Federal Reserve Bank of Philadelphia, presented the results of the survey, which was based on responses by 89 members of the Chamber.

Generally, Tashiro said, respondents — which included those working in the education, health, professional and business, retail, leisure and hospitality, finance, manufacturing, transportation, and utilities industries — feel generally good about the state of state of the region and its outlook going into 2020. Fifty-two percent of respondents felt that 2019 was a better year for business than 2018, but 43.2% felt that way going into 2020.

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