Southeastern Pennsylvania can enhance its economy through collaborative efforts and strategic partnerships.

The economic potential of Southeastern Pennsylvania remains underexploited, calling for a re-evaluation of its current business practices. A recent report from the Brookings Institution reveals troubling statistics; among the 50 largest metropolitan areas in the United States, Philadelphia ranks lowest in terms of upward mobility for workers, indicating a significant need for strategic change.

Between 2013 and 2023, the Philadelphia region managed to create approximately 382,000 jobs. While this growth represents a departure from the job losses that have historically characterized the area, it falls short when compared to the growth seen in peer metro areas like Boston and Atlanta. Had the Philadelphia region mirrored the job growth of these counterparts, it could have seen an additional 188,000 jobs, including 70,000 high-opportunity roles linked to the national and global economy.

Central to the region’s challenges is its reliance on “non-tradeable” jobs, which primarily serve local markets rather than contributing to the broader economy. As a result, many workers find themselves employed in sectors such as healthcare and hospitality—industries synonymous with local demand rather than global competitiveness. This situation has created an economic landscape that reflects more of a retirement community than the historically industrious “workshop of the world” that Philadelphia once embodied.

Despite these limitations, the Brookings report identifies key areas where Southeastern Pennsylvania can harness economic opportunities. These include enterprise digital solutions, specialized manufacturing, and life sciences—particularly in gene therapy, where the region has a competitive edge. However, capitalizing on these opportunities necessitates a collaborative effort across the region, as no single county or municipality can achieve it in isolation.

Moreover, the report highlights a critical disconnect between the region and state-level decision-makers. Harrisburg often prioritizes agricultural and energy sectors that hold little relevance for Southeastern Pennsylvania, neglecting its urban areas despite their significant contribution to the state’s economy. Notably, urban areas generate substantial revenue from casinos and other sources, but much of this funding is funneled away from local needs.

To overcome these barriers, regional collaboration in both public and private sectors is essential. The Southeastern Pennsylvania Economic Collaborative, established in partnership with Brookings, the Pew Charitable Trusts, and the Chamber of Commerce, aims to develop a comprehensive strategy for economic and workforce development. By fostering unity and aligning efforts, there is potential to revitalize the region’s economy, ultimately creating job opportunities that enable residents to prosper.

With over four million residents in the five-county area, the resources and talent are available. What is required now is the political will and strategic vision to transform Southeastern Pennsylvania into a more economically dynamic and equitable region.