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Among many other effects, COVID has scrambled the enrollment and experience of non-domestic students at U.S. universities. Two-plus years into the pandemic, we continue to monitor the consequence of lockdowns, travel bans, and geopolitics on what had previously been a socially dynamic (and, particularly for some schools, financially lucrative) facet of on-campus life. While we […]
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For this month’s Philadelphia Housing Index (PHI) blog post, we took a look at new construction permit data from Philadelphia’s Department of Licenses and Inspection to see how Philadelphia’s development pipeline performed during the COVID-19 pandemic and which neighborhoods showed the most construction permitting activity in the past year. We filtered the data to examine […]
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The shadow economy, sometimes called the informal or underground economy, comprises economic activity that takes place outside of formal channels—generally to avoid governmental scrutiny and taxation—and is not included in the officially calculated gross national product (GNP). It results in significant social, economic, cultural, and political challenges. To better understand the impact of the show economy […]
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Artificial intelligence (AI) is spurring the next wave of the digital revolution. As we enter the cognitive age, forward-looking companies are using AI to transform every aspect of their business—from customer engagement and R&D to cybersecurity and back-office operations. For these firms, AI is more than a technology, it is a new way of doing […]
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The last time we featured the Philadelphia Housing Index (PHI) in a Present Value blog post, we were in simpler times—back in February and talking about the future trajectory of the Far Northeast. It is not news to point out the substantial slowdown in home sales on account of COVID-19’s disruption or the slower pace […]
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As far as Philadelphia neighborhoods go, the Far Northeast often goes unmentioned when talking about economic development or real estate activity. But as an urban planner (and someone who spent their formative years living there), I thought it would be worth focusing an edition of our Philadelphia Housing Index (PHI) Present Value blog on some […]
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