User:Mcnabber091/sandbox/Economic summary of Pennslyvania

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Economic Summary of Pennsylvania[edit]

The GDP for Pennsylvania was $600 billion in 2012[1]. Pennsylvania had an estimated population of 12.763 million in 2012[2]. The GDP per capita of Pennsylvania was $40,063 in 2012[3].

Counties[edit]

There are 67 counties in Pennsylvania[4]. Below are the top ten localities ranked by population 2010

Rank Locality Population 2010
1 Philadephia 1,526,006
2 Allegheny 1,223,348
3 Montgomery 799,874
4 Bucks 625,249
5 Delaware 558,979
6 Lancaster 519,445
7 Chester 498,886
8 York 434,972
9 Berks 411,442
10 Westmorland 365,169

Cities[edit]

Top 10 cities in Pennsylvania by estimated city proper population in 2010[5]

Rank City Locality Population 2010
1 Philadelphia 1,526,006
2 Pittsburgh 305,704
3 Allentown 118,032
4 Erie 101,786
5 Reading 88,082
6 Scranton 76,089
7 Bethlehem 74,982
8 Lancaster 59,322
9 Levittown 52,983
10 Harrisburg 49,528

Industries[edit]

Pennsylvania industries by GDP 2012.[6]

Industry GDP value added $ billions 2012 % of total GDP
Real estate and rental leasing 72.05 11.99%
Health care and social assistance 60.66 10.09%
Government 57.69 9.60%
Finance and insurance 46.01 7.66%
Professional, scientific, and technical services 47.68 7.93
Durable manufacturing 38.48 6.40%
Wholesale trade 35.96 5.98%
Retail trade 34.39 5.82%
Non-durable manufacturing 32.16 5.35%
Information 24.38 4.06%
Construction 21.02 3.50%
Management of companies and enterprises 20.50 3.41%
Transportation and warehousing 18.43 3.07%
Administrative and waste support services 15.35 2.55%
Mining 9.28 2.54%
Accommodation and food services 15.05 2.50%
Other private services 14.97 2.49%
Educational services 13.52 2.25%
Utilities 12.98 2.16%
Arts, entertainment, and recreation 7.03 1.17%
Agriculture, forestry, fishing and hunting 3.32 0.55%


Employment[edit]

Pennsylvania employment by industry in June 2013.[7]

Industry Employment thousands June 2013 Percent of total employment
Education & health services 1,193.7 20.72%
Trade, transportation and utilities 1,094.7 19.01%
Professional & business services 738.1 12.82%
Government 714.9 12.41%
Manufacturing 566.8 9.84%
Leisure & hospitality 533.2 9.26%
Financial activities 312.4 5.42%
Other services 259.7 4.51%
Construction 220.9 3.84%
Information 89.1 1.55%
Mining and logging 36.1 0.63%
Total non-farm 5,759.6 100%

Corporations[edit]

Top 10 based corporations by revenue in 2012[8]

Rank Corporation Revenue $ millions 2012 Profit $ millions 2012 Assets 2012 Debt Ratio 2012 Headquarters Employees 2012 Market cap 3/29/12 $ billions Industry
1 AmerisourceBergen 80,218 Chesterbrook
2 Comcast 55,842 Philadelphia
3 Sunoco 45,765 Philadelphia
4 Rite Aid 25,215 Camp Hill
5 United States Steel 19,884 Pittsburgh
6 PNC Financial Services Group 15,820 Pittsburgh
7 PPG Industries 14,885 Pittsburgh
8 Aramark 13,245 Philadelphia
9 PPL 12,757 Allentown
10 H.J. Heinz 10,707 Pittsburgh

Government Finances[edit]

In 2011, the state government of Pennsylvania had total revenue of $91.70 billion. Total expenditures were $90.79 billion.[9]

The total debt outstanding in 2011 was $45.27 billion[10] (7.54% of GDP[11]).

The total cash and security holdings in 2011 was $119 billion[12].

Revenue by Source $ millions Percent of revenue
Property taxes 32,352 35.28%
Intergovernmental revenue from Federal Government 23,842 26.00%
Insurance trust revenue 20,635 22.50%
Sales and gross receipts 16,784 18.30%
Charges and miscellaneous general revenue 13,304 14.51%
Individual income tax 9,831 10.72%
Other taxes 2,877 3.14%
Corporate income tax 1,978 2.16%
Liquor store revenue 1,571 1.71%
Motor vehicle license 834 0.91%
Intergovernmental revenue from local governments 229 0.25%
Utility revenue 0 0%
Total 91,705 100%
Expenditure $ millions Percent of expenditure
Public welfare 21,629 23.82%
Intergovernmental expenditure 19,945 21.97%
Insurance trust expenditure 15,844 17.45%
Libraries 12,354 13.61%
Education 9,609 10.58%
Hospitals 3,076 3.39%
Health 1,766 1.95%
Highways 7,095 7.81%
Air transport 5,287 5.82%
Sea and inland port facilities 3,712 4.09%
Correction 1,858 2.05%
Interest on general debt 1,802 1.98%
Liquor store expenditure 1,489 1.64%
Other and unallocable 1,369 1.51%
Financial administration 1,248 1.37%
Police protection 841 0.93%
General public buildings 813 0.90%
Natural resources 620 0.68%
Judicial and legal 528 0.58%
Other governmental administration 328 0.36%
Protective inspection and regulation 308 0.34%
Parks and recreation 269 0.29%
Housing and community development 146 0.16%
Solid waste management 32 0.04%
Sewerage 14 0.02%
Employment security administration 138 0.15%
Veterans' services 2 <0.01%
Fire protection 0 0%
Miscellaneous commercial activities 0 0%
Parking facilities 0 0%
Utility expenditure 0 0%
Total 90,791 100%

Financial Institutions[edit]

Top ten banks by assets in Pennsylvania.[13]

Rank Bank Assets $ millions 3/31/13 Profit $ millions _____ Headquarters Employees
1 PNC Financial Services 300,945 Pittsburgh
2
3
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7
8
9
10

References[edit]

External links[edit]

https://meta.wikimedia.org/wiki/Global_Economic_Map