Pittsburgh, Pennsylvania, United States

Economy

🇺🇸 Pittsburgh is a city in the state of Pennsylvania in the United States and the county seat of Allegheny County. It is the second-most populous city in Pennsylvania. The Pittsburgh metropolitan area is the anchor of Western Pennsylvania and is the largest in both the Ohio Valley and Appalachia.

Pittsburgh is located in the south-west of the state, at the confluence of the Allegheny River and the Monongahela River, forming the Ohio River. Pittsburgh is known both as "the Steel City" for its more than 300 steel-related businesses and as the "City of Bridges" for its 446 bridges. The city features 30 skyscrapers, two inclined railways, a pre-revolutionary fortification and the Point State Park at the confluence of the rivers. The city developed as a vital link of the Atlantic coast and Midwest, as the mineral-rich Allegheny Mountains led to the region being contested by the French and British empires, Virginians, Whiskey Rebels, and Civil War raiders.

Aside from steel, Pittsburgh has led in the manufacturing of other important materials — aluminium and glass — and in the petroleum industry. Additionally, it is a leader in computing, electronics, and the automotive industry. For part of the 20th century, Pittsburgh was behind only New York City and Chicago in corporate headquarters employment; it had the most U.S. stockholders per capita. Deindustrialization in the 1970s and 1980s laid off area blue-collar workers as steel and other heavy industries declined, and thousands of downtown white-collar workers also lost jobs when several Pittsburgh-based companies moved out. The population dropped from a peak of 675,000 in 1950 to 370,000 in 1990. However, this rich industrial history left the area with renowned museums, medical centres, parks, research centres, and a diverse cultural district.

After the deindustrialization of the mid 20th century, Pittsburgh has transformed into a hub for the health care, education, and technology industries. Pittsburgh is a leader in the health care sector as the home to large medical providers such as University of Pittsburgh Medical Center (UPMC). The area is home to 68 colleges and universities, including research and development leaders Carnegie Mellon University and the University of Pittsburgh. Google, Apple Inc., Bosch, Facebook, Uber, Nokia, Autodesk, Amazon, Microsoft and IBM are among 1,600 technology firms generating $20.7 billion in annual Pittsburgh payrolls. The area has served as the long-time federal agency headquarters for cyber defense, software engineering, robotics, energy research and the nuclear navy. The nation's fifth-largest bank, eight Fortune 500 companies, and six of the top 300 U.S. law firms make their global headquarters in the area, while RAND Corporation (RAND), BNY Mellon, Nova, FedEx, Bayer, and the National Institute for Occupational Safety and Health (NIOSH) have regional bases that helped Pittsburgh become the sixth-best area for U.S. job growth.

In 2015, Pittsburgh was listed among the "eleven most livable cities in the world". The Economist's Global Liveability Ranking placed Pittsburgh as the most or second-most livable city in the United States in 2005, 2009, 2011, 2012, 2014 and 2018. The region is a hub for Leadership in Energy and Environmental Design and energy extraction.

Economy Pittsburgh has adapted since the collapse of its century long steel and electronics industries. The region has shifted to high technology, robotics, health care, nuclear engineering, tourism, biomedical technology, finance, education, and services. Annual payroll of the region's technology industries, when taken in aggregate, exceeded $10.8 billion in 2007, and in 2010 there were 1,600 technology companies. A National Bureau of Economic Research 2014 report named Pittsburgh the second-best U.S. city for intergenerational economic mobility or the American Dream. Reflecting the citywide shift from industry to technology, former factories have been renovated as modern office space. Google has research and technology offices in a refurbished 1918–1998 Nabisco factory, a complex known as Bakery Square. Some of the factory's original equipment, such as a large dough mixer, were left standing in homage to the site's industrial roots. Pittsburgh's transition from its industrial heritage has earned it praise as "the poster child for managing industrial transition". Other major cities in the north-east and mid-west have increasingly borrowed from Pittsburgh's model in order to renew their industries and economic base.

Pittsburgh is the poster child for managing industrial transition.

The largest employer in the city is the University of Pittsburgh Medical Center, with 48,000 employees. All hospitals, outpatient clinics, and doctor's office positions combine for 116,000 jobs, approximately 10% of the jobs in the region. An analyst recently observed of the city's medical sector: "That's both more jobs and a higher share of the region's total employment than the steel industry represented in the 1970s".

Top publicly traded companies

in the Pittsburgh region include: 1 The Kraft Heinz Company; 2 PNC Financial Services; 3 PPG Industries; 4 U.S. Steel; 5 Arconic; 6 Alcoa; 7 WESCO International; 8 Dick's Sporting Goods.

Education is a major economic driver in the region. The largest single employer in education is the University of Pittsburgh, with 10,700 employees.

Six Fortune 500 companies call the Pittsburgh area home. These include downtown's PNC Financial Services, PPG Industries, U.S. Steel, The Kraft Heinz Company, WESCO International, and the Findlay Township, Pennsylvania based Dick's Sporting Goods. In 2006, Expansion Magazine ranked Pittsburgh among the top 10 metropolitan areas in the nation for climates favourable to business expansion.

The region is home to Allegheny Technologies, American Eagle Outfitters, CONSOL Energy, Kennametal, Mylan Bayer USA, and Alcoa Corporation headquarters. Other major employers include BNY Mellon, GlaxoSmithKline, Thermo Fisher Scientific, and Lanxess. The Northeast U.S. regional headquarters for Chevron Corporation, Nova Chemicals, Deloitte Touche Tohmatsu, FedEx Ground, Ariba, and the RAND Corporation call the area home. 84 Lumber, Giant Eagle, Highmark, Rue 21, General Nutrition Center (GNC), CNX Gas (CXG), and Genco Supply Chain Solutions are major non-public companies headquartered in the region. The global impact of Pittsburgh technology and business was recently demonstrated in several key components of the Boeing 787 Dreamliner being manufactured and supplied by area companies. Area retail is anchored by over 35 shopping malls and a healthy downtown retail sector, as well as boutique shops along Walnut Street, in Squirrel Hill, Lawrenceville and Station Square.

The non-profit arts and cultural industry in Allegheny County generates $341 million in economic activity that supports over 10,000 full-time equivalent jobs with nearly $34 million in local and state taxes raised.

A leader in environmental design, the city is home to 60 total and 10 of the world's first green buildings while billions have been invested in the area's Marcellus natural gas fields. A renaissance of Pittsburgh's 116-year-old film industry—that boasts the world's first movie theater—has grown from the long-running Three Rivers Film Festival to an influx of major television and movie productions. including Disney and Paramount offices with the largest sound stage outside Los Angeles and New York City.

Pittsburgh has hosted many conventions, including INPEX, the world's largest invention trade show, since 1984; Tekko, a four-day anime convention, since 2003; Anthrocon, a furry convention, since 2006; and the DUG East energy trade show since 2009.

Pittsburgh, Pennsylvania, United States 
<b>Pittsburgh, Pennsylvania, United States</b>
Image: Adobe Stock Vadim #227381501

Pittsburgh is rated Sufficiency by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities.

Pittsburgh is ranked #122 by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. Pittsburgh was ranked #87 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Pittsburgh has a population of over 300,286 people. Pittsburgh also forms the centre of the Greater Pittsburgh metropolitan area which has a population of over 2,320,000 people. Pittsburgh is the #18 hipster city in the world, with a hipster score of 6.3077 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Pittsburgh is ranked #73 for startups with a score of 6.452.

To set up a UBI Lab for Pittsburgh see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities Pittsburgh has links with:

🇪🇸 Bilbao, Spain 🇧🇪 Charleroi, Belgium 🇵🇪 Chimbote, Perú 🇻🇳 Da Nang City, Vietnam 🇵🇾 Fernando de la Mora, Paraguay 🇹🇷 Gaziantep, Turkey 🏴󠁧󠁢󠁳󠁣󠁴󠁿 Glasgow, Scotland 🇮🇱 Karmiel, Israel 🇨🇺 Matanzas, Cuba 🇮🇱 Misgav, Israel 🇲🇽 Naucalpan, Mexico 🇷🇺 Novokuznetsk, Russia 🇨🇿 Ostrava, Czech Republic 🇸🇰 Prešov, Slovak Republic 🇩🇪 Saarbrücken, Germany 🇯🇵 Saitama, Japan 🇳🇮 San Isidro, Nicaragua 🏴󠁧󠁢󠁥󠁮󠁧󠁿 Sheffield, England 🇲🇰 Skopje, North Macedonia 🇧🇬 Sofia, Bulgaria 🇮🇹 Taranto, Italy 🇨🇳 Wuhan, China 🇭🇷 Zagreb, Croatia 🇻🇳 Đà Nẵng, Vietnam
Text Atribution: Wikipedia Text under CC-BY-SA license | GaWC | GUCR | Hipster Index | Nomad | StartupBlink

  • Alfred Charles Bossom |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect Alfred Charles Bossom is associated with Pittsburgh. In 1931 he was elected Member of Parliament for Maidstone in Kent.

  • David Lewis |

    🏴󠁧󠁢󠁥󠁮󠁧󠁿 Architect/Painter David [architect] Lewis is associated with Pittsburgh. He was Professor of Architecture and Urban Design at Carnegie Institute of Technology.

Antipodal to Pittsburgh is: 100.033,-40.433

Locations Near: Pittsburgh -79.9667,40.4333

🇺🇸 Washington -80.26,40.179 d: 37.6  

🇺🇸 Butler -79.883,40.85 d: 46.9  

🇺🇸 Greensburg -79.533,40.283 d: 40.3  

🇺🇸 Uniontown -79.717,39.9 d: 63  

🇺🇸 Weirton -80.583,40.417 d: 52.2  

🇺🇸 Steubenville -80.617,40.35 d: 55.8  

🇺🇸 New Castle -80.333,40.983 d: 68.5  

🇺🇸 Morgantown -79.95,39.633 d: 89  

🇺🇸 Boardman -80.663,41.024 d: 88.1  

🇺🇸 Hermitage -80.461,41.233 d: 98.1  

Antipodal to: Pittsburgh 100.033,-40.433

🇦🇺 Bunbury 115.637,-33.327 d: 18421.5  

🇦🇺 Mandurah 115.721,-32.529 d: 18363.7  

🇦🇺 Rockingham 115.717,-32.267 d: 18346.4  

🇦🇺 City of Cockburn 115.833,-32.167 d: 18331  

🇦🇺 Vincent 115.834,-31.936 d: 18315.2  

🇦🇺 Perth 115.857,-31.953 d: 18314.6  

🇦🇺 Wanneroo 115.803,-31.747 d: 18304.4  

🇦🇺 Guildford 115.973,-31.9 d: 18302.4  

🇦🇺 Midland 116.01,-31.888 d: 18298.8  

🇦🇺 Albany 117.867,-35.017 d: 18338.7  

Bing Map

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