These 5 Charts Tell You Everything You Need to Know About Philly’s Shrinking Middle Class

It’s not pretty.

The indispensable PEW Charitable Trusts have released a big report on the decline of the middle class in Philadelphia. Here are five charts to help you make sense of the findings.

The Timeline

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The Map

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The Comparison

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The Harrowing Reminder of the Post-Industrial Decline and Subsequent Financialization of the US Economy

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The Big Picture

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All that said, Pew notes that these decades-long trend lines are actually beginning to stabilize. So there's your silver lining.

  • DTurner

    Just a quick note on the penultimate chart, it’s not really showing the “Financialization” of the economy as much as our pivot towards a service economy; that business and professional services section of the group is probably the major driver of growth.

  • Hillary!

    What difference, at this point, does it make?