The Lehigh Valley has the most balanced and diversified economy in the state of Pennsylvania, according to an analysis by the Lehigh Valley Economic Development Corporation (LVEDC).
The region’s gross domestic product (GDP) has risen to a record-high $35.4 billion as of 2014, showing not only strong overall growth, but also growth in every measurable subcategory, LVEDC announced last month.
Most Pennsylvania regions have a high GDP in one or two particular subsectors, then a significant drop-off in the rest. But that’s not the case in the Lehigh Valley, which has an unusually high balance among its top four sectors, demonstrating an extremely diverse and multi-faceted economy not dependent on any one single industry.
(via lehighvalley.org)