Watch Out Boston! September 20, 2007Posted by megan in Select Greater Philadelphia.
When compared to the Top 25 Metropolitan Statistical Areas (MSAs), the Greater Philadelphia region was ranked 2nd only to Boston on the number of Bachelor’s and First Professional degrees awarded, per capita. These stats and more are available in a new, first-of-its kind research study recently released by Select Greater Philadelphia. An affiliate of the Chamber, Select is the non-profit, economic development marketing organization that promotes the region as a top-tier location for businesses. The in-depth research study demonstrates, in specific terms, the strength of this region’s higher education sector and its direct effects on the region’s economy. For example, the study found that colleges in the region are expecting to spend $3.7 billion on capital projects over the next 5 years, excluding the Penn Connect project. This means 5,500 more construction jobs and total increase of 9,800 jobs. To view the full study, please click here.