Some of the state’s major industries are broadcasting and telecommunications, administrative and support services, health care services and construction. Pennsylvania also has its fair share of independent artists, writers and performers.
What is Pennsylvania’s biggest industry?
Agriculture and its associated industries contribute more than $135 billion, or about 18%, of Pennsylvania’s economy. The industry involves more than a half-million workers, including 280,500 direct jobs. “Agriculture is our No. 1 industry,” said state Rep.
What makes up Pennsylvania’s economy?
In 2021, the finance, insurance, real estate, rental, and leasing industry contributed a real value of 126.41 billion chained 2012 U.S. dollars to the Gross Domestic Product (GDP) of Pennsylvania.
What are the top 5 industries in Pennsylvania?
Some of the leading sectors in the manufacturing industry in 2017 were chemicals, food processing, fabricated metal products, machinery, and electronic products and computers. The manufacturing industry exported over $35.84billion worth of goods in 2018.
What type of industry is Pennsylvania known for?
Pennsylvania has been one of the nation’s most important industrial centers for coal, steel and railroads, especially before War World II. The state is also famous for its leading mushroom production, which reaches 425 million pounds annually with a value of more than $330 million.
What are the top 3 major industries in Pennsylvania?
Some of the state’s major industries are broadcasting and telecommunications, administrative and support services, health care services and construction.
Who is the largest employer in Pennsylvania?
With 136 retail stores in Pennsylvania, Wal-Mart was the number one non-governmental employer in the commonwealth. Hospitals UPMC Presbyterian Shadyside, Children’s Hospital of Pennsylvania, Milton S Hershey Medical Center, and Thomas Jefferson University Hospital are also among the top 30.
Is Pennsylvania rich or poor?
Pennsylvania has the twenty-fourth highest per capita income in the United States of America, at $20,880 (2000). Its personal per capita income is $31,998 (2003), the sixteenth highest in the country.
Where does Pennsylvania get gas?
Pennsylvania State Energy Profile
Pennsylvania’s marketed natural gas production, primarily from the Marcellus Shale, reached a record 7.1 trillion cubic feet in 2020, and the state is the nation’s second-largest natural gas producer after Texas.
Which state has the number one economy?
Washington topped the list of best state economies, ranking third on economic activity, seventh on economic health, and second on innovation potential. Utah and California rounded out the top three state economies.
What Does Pennsylvania make the most of?
Pennsylvania is a major producer of milk, eggs, and poultry; fruits, including peaches, grapes, cherries, and apples; hay; corn (maize); mushrooms; and Christmas trees. Ice cream and sausages are important processed food products.
What is PA’s fastest growing industry?
In 2021, the fastest growing private company in Pennsylvania was Keystone Sports Construction. The company grew 3,587 percent that year. Following Keystone Sports Construction was Crumdale Partners, which grew 3,424 percent.
Does PA have a good economy?
Economic Outlook Rank
Pennsylvania is currently ranked 37th in the United States for its economic outlook.
Does PA still have oil?
Crude oil. Pennsylvania oil producers operated more than 7,100 oil wells in 2017 to produce over approximately 6.5 million barrels of Pennsylvania Grade crude oil.
What are the major exports of Pennsylvania?
The state’s largest manufacturing export category is chemicals, which accounted for $8.9 billion of Pennsylvania’s total goods exports in 2018.
Agriculture in Pennsylvania depends on Exports.
| 2017 Value | 2017 State Rank | |
|---|---|---|
| other plant products | $746 million | 6 |
| dairy products | $287 million | 6 |
| soybeans | $130 million | 19 |
Where is it cheapest to live in Pennsylvania?
10 Most Affordable Places to Live in Pennsylvania
- Republic. With only 1,000 residents, Republic has one of the lowest populations and cost of living in Pennsylvania.
- Oil City. Oil City sits less than an hour from Cleveland, with a population of 10,000.
- Pottsville.
- Greenville.
- Vandergrift.
- West Mifflin.
- Warren.
- New Brighton.
What is the richest company in Pennsylvania?
In 2021, the leading publicly traded company with headquarters in Pennsylvania was drug wholesale company AmerisourceBergen. That year, AmerisourceBergen topped the list with a revenue of about 189.89 billion U.S. dollars.
Are any Fortune 500 companies headquartered in PA?
(The Center Square) – Twenty-two companies with headquarters located in Pennsylvania earned a place on Fortune magazine’s 2020 list ranking enterprises with the 500 highest fiscal-year revenues in the nation.
What is the richest town in PA?
Fox Chapel Borough, Pennsylvania is being credited as the richest town in the Keystone State. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Fox Chapel Borough as having a median household income of $205,987 (199.8% more than the U.S. median income).
How many billionaires are in Pennsylvania?
17 billionaires
Here’s a look at the Keystone State’s 17 billionaires. Pennsylvania’s richest people made their fortunes in different ways: food, drink, sports, finances and more. Forbes’ annual ranking of the world’s billionaires lists 2,668 people with a collective worth of $12.7 trillion in 2022.
How many millionaires are in PA?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 3 | New York | 570,456 |
| 4 | Florida | 496,971 |
| 5 | Illinois | 346,873 |
| 6 | Pennsylvania | 328,859 |