Economy of Pennsylvania

By | March 4, 2023

Pennsylvania is a thriving and diverse economy that has been growing for decades. The state is home to a wide range of industries, from traditional manufacturing and agriculture to cutting-edge technology and services. Pennsylvania is the fifth largest state economy in the United States, with a Gross State Product (GSP) of $796 billion in 2019.

The state’s largest industry is healthcare and social assistance, employing nearly one million people in 2019. This sector includes hospitals, health systems, long-term care facilities, home health care services, and more. Other major industries include manufacturing (including pharmaceuticals and food processing), finance and insurance, education, professional services, retail trade, construction, transportation and warehousing.

Pennsylvania’s agricultural sector contributes significantly to the state’s economy; it produces one of the widest varieties of crops in the country. Pennsylvania farmers grow corn and soybeans as well as fruits such as apples and peaches. Dairy farming also plays an important role in the state’s agricultural output; Pennsylvania produces more milk than any other state except California and Wisconsin.

The energy sector is an important component of Pennsylvania’s economy; it ranks fourth nationally for energy production with over 5 quadrillion BTUs produced annually from coal, natural gas, oil shale/tar sands, wind power generation projects, nuclear power plants and hydroelectric power plants.

Pennsylvania has been a leader in renewable energy development; there are currently over 1 million solar panels installed across the state. In addition to solar energy sources such as photovoltaics (PV) systems on homes or businesses roofs or large solar farms that generate electricity for utilities customers across the region; wind turbines are also becoming increasingly popular across rural areas of Pennsylvania due to their ability to generate electricity at low cost while providing economic development opportunities for local communities by creating jobs related to the turbine installation process or ongoing maintenance activities associated with these installations.

The tourism industry has long been an integral part of Pennsylvanian’s economy; it generates over $40 billion annually from visitors who come to experience its history-rich cities like Philadelphia or its outdoor recreation opportunities such as skiing at Ski Roundtop near Harrisburg or biking along miles of trails throughout Allegheny National Forest in Northwestern PA’s Clarion County area. Additionally, gaming resorts located throughout PA have become increasingly popular attractions for visitors who wish to partake in activities ranging from slots machines, table games, poker rooms, horse racing & sports betting. This industry contributes billions each year into PA’s economy through taxes & fees from gaming operations.

Finally, Pennsylvania’s government sector plays an important role in driving economic growth; it employs hundreds of thousands of people each year across various departments & agencies including public safety personnel like police officers & firefighters; teachers & administrators within school districts ; healthcare professionals providing services through Medicaid/Medicare programs; public works employees maintaining roads & bridges; legislators drafting laws that affect citizens lives on a daily basis & many more. All these individuals help create stability within their communities by providing essential services while creating new economic opportunities through taxes generated by their employment.

Overall, Pennsylvania has a strong economy based on diverse industries ranging from traditional manufacturing & agriculture to renewable energy production & tourism. Through its combined efforts, this dynamic economic powerhouse continues to drive job creation, investment & innovation throughout all corners of this beautiful Commonwealth.

Top 3 Counties in Pennsylvania

According to, main counties in Pennsylvania include:

1. Allegheny County: Allegheny County is located in the western part of Pennsylvania, about 50 miles north of Pittsburgh. It is the second most populous county in Pennsylvania and has a population of just over 1.2 million people. The county is home to many cities, including Pittsburgh, which is known for its vibrant music and art scene as well as its many universities and colleges. The area also offers plenty of outdoor activities such as hiking, biking, boating, fishing and camping. Allegheny County is also home to several state parks and recreational areas that offer a variety of activities for those looking to get out into nature.

2. Philadelphia County: Philadelphia County is located in the southeastern corner of Pennsylvania, along the Delaware River just west of New Jersey. It has a population of almost 1.6 million people and is home to the city of Philadelphia which serves as the economic hub for much of the region. Philadelphia itself is rich with history and culture with many museums, art galleries and historical sites to explore around town. There are plenty of outdoor activities available within the city such as running along the Schuylkill River Trail or biking through Wissahickon Valley Park on your way to Manayunk or Chestnut Hill where you can find unique shops and restaurants for your next adventure!

3. Montgomery County: Montgomery County is located in southeastern Pennsylvania near Philadelphia, about 40 miles north-west from downtown Philly. It has a population close to 800 thousand people making it one of the most populous counties in Pennsylvania. Montgomery County offers visitors beautiful parks such as Valley Forge National Historical Park or Norristown Farm Park where you can enjoy outdoor activities like hiking or biking while taking in stunning views all around you! The county also has great shopping destinations such as King Of Prussia Mall or Plymouth Meeting Mall where you can find anything from designer clothes to electronics.

Economy of Pennsylvania