28. Our vision is of a diverse Lehigh Valley
economy that provides economic growth
and opportunity for people of all skills and
education and strengthens all our cities,
boroughs and townships
29.
30.
31. $1.6B
Retail Trade
Transportation
& Warehousing
Information
Arts, Accommodation
& Food Service
$5.3B
Education & Health Care
$5.3B
Professional & Business
Services
$2.3B
$1.9B
$7.9B
Finance, Insurance
& Real Estate
$6.9B
Manufacturing
$1.9B
Lehigh Valley GDP by Industry Sector:
Source: U.S. Bureau of Economic Analysis (BEA). The numbers above do not include government spending or other private industry subsectors for which data was unavailable or not disclosed by the BEA.
$39.1 Billion Regional GDP
32.
33.
34.
35.
36.
37. Source: CoStar, LVEDC Research
Industrial Market
19.8 MILLION SF ADDED
IN THE LAST 5 YEARS
116.4 Million
Total Inventory (SF)
2.8 Million
2017 Deliveries (SF)
5.5 Million
Total Under Construction
4.7%
Vacancy Rate
LV RANKS 2ND GLOBALLY
in industrial growth, w/ 10% annual percent change in prime logistic rents
1,800+
INDUSTRIAL BUILDINGS
66. Outgoing Members – LVEDC Board of Directors
Joel Fagerstrom
Executive Vice President
and Chief Operating Officer
Andrew Hines
Director of Facilities
67. Outgoing Members – LVEDC Board of Directors
John Brown
former Northampton County Executive
Seth Vaughn
Northampton County Council
Tom Muller
former Lehigh County Executive
Brad Osborne
Lehigh County
Board of Commissioners
68. Cindy Feinberg
Partner
Lauren Goff
Executive Director of
Corporate Social Responsibility
Patricia Johnson
VP of Finance & Administration
Elected to second term – LVEDC Board of Directors
69. Incoming Members – LVEDC Board of Directors
Paul Anthony
Business Manager
Carol Kuplen
President, St. Luke’s University
Hospital Bethlehem, and Chief
Nursing Officer
70. Incoming Members – LVEDC Board of Directors
Lamont McClure
Northampton County Executive
William McGee
Northampton County Council
Phillips Armstrong
Lehigh County Executive
Marty Nothstein
Lehigh County
Board of Commissioners