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2014 Annual Report ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 2014 Annual Report GREATER PITTSBURGH CHAMBER OF COMMERCE PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH PITTSBURGH REGIONAL ALLIANCE 3 4 12 “Our region’s enduring spirit of cooperation and collaboration – across political, geographic and organizational lines – makes progress possible. We work together. It’s what makes Pittsburgh a special place.” – Morgan O’Brien Chair, Allegheny Conference on Community Development State of the Region Enhancing Opportunity Strengthening Communities The Allegheny Conference on Community Development and its affiliates – the Greater Pittsburgh Chamber of Commerce, the Pennsylvania Economy 17 19 21 League of Greater Pittsburgh and the Pittsburgh Regional Alliance – work together to improve the economy and the quality of life in southwestern Pennsylvania. Energizing Our Economy What’s Next for Setting Our Our Region? 2015-2017 Agenda 23 25 26 Our 2015-2017 Agenda: The Next Generation The People Behind • People of Leaders the Progress • Economy & Community • Infrastructure | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2014 ANNUAL REPORT | 1 3 4 12 “Our region’s enduring spirit of cooperation and collaboration – across political, geographic and organizational lines – makes progress possible. We work together. It’s what makes Pittsburgh a special place.” – Morgan O’Brien Chair, Allegheny Conference on Community Development State of the Region Enhancing Opportunity Strengthening Communities The Allegheny Conference on Community Development and its affiliates – the Greater Pittsburgh Chamber of Commerce, the Pennsylvania Economy 17 19 21 League of Greater Pittsburgh and the Pittsburgh Regional Alliance – work together to improve the economy and the quality of life in southwestern Pennsylvania. Energizing Our Economy What’s Next for Setting Our Our Region? 2015-2017 Agenda 23 25 26 Our 2015-2017 Agenda: The Next Generation The People Behind • People of Leaders the Progress • Economy & Community • Infrastructure | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2014 ANNUAL REPORT | 1 Transformation Complete. Record Raring to Compete. We have record-high employment. More people are working in the Pittsburgh region than ever before. High We’re a top business investment location. Pittsburgh was named a Top 10 metro for business investment in the U.S. in 2011 and 2012 and No. 1 in the Northeast by Site Selection magazine in 2012. We’re starting to grow. Employment 11,400 more people have moved into the metro area than moved out since 2010. We’re getting younger. The median age in the city of Pittsburgh is 33.7, below the national average of 37.5. 1994 We’re better educated. 1,400,000 A WAKE-UP CALL 1979 Allegheny Conference Commissions Benchmarking The Pittsburgh region has the third-highest concentration of people in the labor force aged Analysis by CMU President Robert Mehrabian 1,350,000 PEAK INDUSTRIAL 25-44 with graduate or professional degrees, right after Washington, D.C. and Boston. EMPLOYMENT Report Calls for Fundamental Change in Economic Development Strategy, a Shared Regional Vision 1,300,000 1,179,700 Employed 1,250,000 1,200,000 1,150,000 TODAY 1,100,000 A NEW PITTSBURGH REGION Record High Employment – 1,280,700 1,050,000 More People Moving in Annually than Moving Out 1,000,000 1970s 11980s980s 1990s0 2000 TO PRESENT 1983 THE BIG BUST Almost 100,000 Jobs Lost Between 1981 and 1983 Unemployment Tops 18% 50,000 People Move Out | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | | 2 2014 ANNUAL REPORT 3 Transformation Complete. Record Raring to Compete. We have record-high employment. More people are working in the Pittsburgh region than ever before. High We’re a top business investment location. Pittsburgh was named a Top 10 metro for business investment in the U.S. in 2011 and 2012 and No. 1 in the Northeast by Site Selection magazine in 2012. We’re starting to grow. Employment 11,400 more people have moved into the metro area than moved out since 2010. We’re getting younger. The median age in the city of Pittsburgh is 33.7, below the national average of 37.5. 1994 We’re better educated. 1,400,000 A WAKE-UP CALL 1979 Allegheny Conference Commissions Benchmarking The Pittsburgh region has the third-highest concentration of people in the labor force aged Analysis by CMU President Robert Mehrabian 1,350,000 PEAK INDUSTRIAL 25-44 with graduate or professional degrees, right after Washington, D.C. and Boston. EMPLOYMENT Report Calls for Fundamental Change in Economic Development Strategy, a Shared Regional Vision 1,300,000 1,179,700 Employed 1,250,000 1,200,000 1,150,000 TODAY 1,100,000 A NEW PITTSBURGH REGION Record High Employment – 1,280,700 1,050,000 More People Moving in Annually than Moving Out 1,000,000 1970s 11980s980s 1990s0 2000 TO PRESENT 1983 THE BIG BUST Almost 100,000 Jobs Lost Between 1981 and 1983 Unemployment Tops 18% 50,000 People Move Out | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | | 2 2014 ANNUAL REPORT 3 Enhancing Opportunity Increasing Investment. Creating Jobs. See our list of accomplishments The Pittsburgh Regional Alliance (PRA) and its partners have made a big impact by securing economic development projects, capital investment and jobs for southwestern Pennsylvania. Here are a few PRA-assisted projects from the past three years. The Pittsburgh Region’s Sustainable Aquion Energy Mylan Inc. Economy Attracts Strategic Investment Westmoreland County Washington County In partnership with leaders of the business community, elected officials and economic develop- · $70 million investment · $60 million investment ment professionals across 10 counties, the PRA – the economic development marketing affiliate · 300 new jobs · 200 new jobs of the Allegheny Conference – works to increase new investment in southwestern Pennsylvania and helps existing businesses to grow. · Eight Fortune 500 companies call the region home. · More than 100 billion-dollar-plus global corporations operate major business units here. A regional economy that’s diversified, balanced and sustainable continues to secure steady and stable business investment – businesses of all sizes and scopes – for southwestern Pennsylvania. ANSYS, Inc. United Lender Services Washington County Allegheny County · $52 million investment · $14 million investment · 180 new jobs · 160 new jobs 4 | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2014 ANNUAL REPORT | 5 Enhancing Opportunity Increasing Investment. Creating Jobs. See our list of accomplishments The Pittsburgh Regional Alliance (PRA) and its partners have made a big impact by securing economic development projects, capital investment and jobs for southwestern Pennsylvania. Here are a few PRA-assisted projects from the past three years. The Pittsburgh Region’s Sustainable Aquion Energy Mylan Inc. Economy Attracts Strategic Investment Westmoreland County Washington County In partnership with leaders of the business community, elected officials and economic develop- · $70 million investment · $60 million investment ment professionals across 10 counties, the PRA – the economic development marketing affiliate · 300 new jobs · 200 new jobs of the Allegheny Conference – works to increase new investment in southwestern Pennsylvania and helps existing businesses to grow. · Eight Fortune 500 companies call the region home. · More than 100 billion-dollar-plus global corporations operate major business units here. A regional economy that’s diversified, balanced and sustainable continues to secure steady and stable business investment – businesses of all sizes and scopes – for southwestern Pennsylvania. ANSYS, Inc. United Lender Services Washington County Allegheny County · $52 million investment · $14 million investment · 180 new jobs · 160 new jobs 4 | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2014 ANNUAL REPORT | 5 4moms, a robotics company innovating high-end baby gear, moved its headquarters to 80,000 SF in downtown Pittsburgh in 2014, an investment expected to create 120 jobs “The Pittsburgh region is a top business investment location. We have been ranked in the top 10 among regions nationwide for economic development projects, and No.1 in the Northeast twice. Over the past three years, 845 economic development deals or ‘wins’ were landed for the region; the PRA assisted with 128 of these.” – David Malone Chair, Pittsburgh Regional Alliance 6 | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2014 ANNUAL REPORT | 7 4moms, a robotics company innovating high-end baby gear, moved its headquarters to 80,000 SF in downtown Pittsburgh in 2014, an investment expected to create 120 jobs “The Pittsburgh region is a top business investment location. We have been ranked in the top 10 among regions nationwide for economic development projects, and No.1 in the Northeast twice. Over the past three years, 845 economic development deals or ‘wins’ were landed for the region; the PRA assisted with 128 of these.” – David Malone Chair, Pittsburgh Regional Alliance 6 | ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT | 2014 ANNUAL REPORT | 7 Photo Courtesy Joey Kennedy Attracting and Retaining Talent ImaginePittsburgh.com is the most comprehensive resource for career opportunities in the Pittsburgh region. The site is the platform for the Allegheny Conference’s work to connect people to opportunity across the region, through the leadership of our Workplace Committee chaired by David Porges. BY THE NUMBERS: Job searches 721,710 (June 2013 to December 2014) Unique users 182,923 (June 2013 to December 2014) Average number of 24,000 jobs listed daily
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