Looking for an Economic Powerhouse? Look to Pittsburgh

According to the Pittsburgh Business Times, the Bureau of Economic Analysis has identified Pittsburgh as a growing segment of the United States due to an increase in gross domestic product (“GDP”). Pittsburgh’s GDP has grown every year since 2001 – except for 2009, which was due to the recession.

The largest part of the GDP for Pittsburgh is the financial industry – including finance, insurance, real estate, rental and leasing activity.

Manufacturing is also on the increase and a huge boom from mining, most likely due to the Marcellus Shale.

Click this link – Pittsburgh region ranks in top 25 among US to read a pdf of the Pittsburgh Business Times article.