← All markets

Philadelphia, PA

Office · primary market · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · population 6,241,882

Asset classIndustrialOfficeRetailMultifamilyLandResidential

Score

+0.08 Flat

Public data alone: +0.08. No firm read has been written for this market, so the score is the public data and nothing else.

Macro economic

+0.16Flat35% of the score

labor force growth (+1.4% YoY) and average hourly earnings growth (+4.3% YoY) lead the read; job growth (+0.1% YoY) pulls against them. 4 of 5 indicators reported; the other 1 is not scored rather than scored as zero.

Show the 5 indicators behind this
IndicatorPublishedScoredAs ofSource
Average hourly earnings growth (YoY)+4.3% YoY+0.442026-07-01fred · SMU42379800500000003
House price index change (YoY)——
Job growth (total nonfarm, YoY)+0.1% YoY−0.142026-07-01fred · PHIL942NA
Labor force growth (YoY)+1.4% YoY+0.482026-06-01fred · PHIL942LFN
Unemployment rate (level and direction)4.3%+0.132026-06-01fred · PHIL942UR

Published is the figure the source released; scored is that figure mapped onto the −1 to +1 scale by market-thresholds.json. Dates differ because the sources publish on different schedules — employment monthly, home prices quarterly, census structure annually.

Office specific

+0.01Flat40% of the score

educational attainment (41.5%) and professional & business services employment growth (+1.2% YoY) lead the read; information sector employment growth (−3.3% YoY) pulls against them. All 4 indicators reported.

Show the 4 indicators behind this
IndicatorPublishedScoredAs ofSource
Educational attainment (bachelor's or higher)41.5%+0.592023-12-31census · S1501_C02_015E
Financial activities employment growth+0.8% YoY+0.122026-07-01fred · PHIL942FIRE
Information sector employment growth−3.3% YoY−0.842026-07-01fred · PHIL942INFO
Professional & business services employment growth+1.2% YoY+0.222026-07-01fred · PHIL942PBSV

Published is the figure the source released; scored is that figure mapped onto the −1 to +1 scale by market-thresholds.json. Dates differ because the sources publish on different schedules — employment monthly, home prices quarterly, census structure annually.

Your read

—25% of the score

Nothing is written for this market yet, so the score above is the public data and nothing else. A read of your own is for the SPECIFIC, CHECKABLE events that move a market before they reach a government series — a fabricator breaking ground, a port expansion, a rail spur, an entitlement that just cleared, a single tenant taking a million feet.

Worth 25% here, and reserved for it: a read of your own changes your firm’s view of this market and nothing else — the public score stays exactly as it is. Writing one is not open yet.

Take this away

Every indicator behind this market, with its published figure, its scored value, its as-of date and the series it came from — as a spreadsheet.

CSV opens directly in Excel, Google Sheets and Numbers. The file carries its own provenance line, because a column of scores in a client email needs to say where it came from.

An automated indicator built from public government data and, where written, a firm’s own read. Not an appraisal, not investment advice, and not a substitute for underwriting a specific property. Every input, weight and source is shown above so the number can be checked.