The 10 counties of southwestern Pennsylvania comprise 7,200 square miles.
The region has a population of 2.6 million, which is recognized as one of the most well-educated workforces in America.
Pittsburgh boasts a gross regional product of $119 billion.
“Pittsburgh stands as a bold example of how to create new jobs and industries while transitioning to a 21st century economy. As a city that has transformed itself from the city of steel to a center for high-tech innovation... Pittsburgh will provide both a beautiful backdrop and a powerful example for our work.”President Barack Obama, Pittsburgh (G-20) Summit
June 2014 Regional Indicators
- Unemployment rate: 5.5% (compared to the national rate of 6.3%)
- Average wage: $47,753
- Cost of living index: 87% of national average
- Median home price: $128,500 (national median home price is $209,700)
- Average domestic airfare: $407 (national average is $395)
Recent rankings for the region include:
- Most Livable U.S. City, The Economist
- A Top America’s City of the Future, fDi
- Economically Strongest U.S. Metros, The Brookings Institution
- Best Commercial Real Estate Market, Moody’s
- Best Cities for Recent Graduates, Huffington Post
- Least-Costly Place to Do Business, KPMG
- Top Ten American Comeback Cities, Forbes
- A Top Ten Metro Area for Brain Gain, Wall Street Journal
- U.S. Cities with the Fastest Growing Job Markets, The Atlantic Cities
- No. 1 Best City to Relocate to in the U.S., Sterling’s Best Places
- Best of the World, National Geographic Traveler
- A Top International Destination for 2013, Jetsetter.com
- Top Ten Happiest Cities to Work, CareerBliss.com
- Top 15 Cities for Tech Startup Investments, Mashable
- Top 10 Great Cities for Starting a Business, Kiplinger
The Pittsburgh Region has a Strong Foundation in Five Strategic Sectors
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