EDC Lancaster County Updates | August 2019 - Click here if you are having trouble viewing this message.
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Center for Regional Analysis
Age and Lancaster County's Labor Composition

EDC's Center for Regional Analysis took a look at trends in the age composition of Lancaster County’s population to better understand what they mean for the labor market.  The County’s population grew by 4% from 2010 to 2017.  This pace is slightly slower than the nation but significantly stronger than PA (5% and 1%, respectively). 

This population growth comes with important changes in the composition of the County’s potential labor pool.  Individuals between the ages of 25 and 54, identified as “prime age,” traditionally represent the portion of the population with the greatest work potential.  For the County, prime age workers have held steady at 38% of the population since 2010.  But within this group, the age composition is changing.  The number of young prime age workers (ages 25 to 39) is growing, while the number of older prime age workers (ages 40-54) is falling.  Lancaster is not alone in experiencing these opposing trends. However, the pace of growth for young prime age workers is stronger than the state and nation.

The trends of younger and older prime age workers in the broader population have implications for employers.  These trends highlight the importance of retaining more experienced workers and investing in younger workers.  
 
AHF Products Celebrates Ribbon Cutting

AHF Products celebrated the grand opening of its headquarters in Mountville, PA in late July.  The company, which was formerly a part of Armstrong Flooring, leased 43,000 square feet on Hempland Road and has invested approximately $1 million to fit out its space.  EDC began discussions with AHF Products in early 2019 to support its efforts to stay in Lancaster and to facilitate tax credits through the Governor's Action Team. 
 
International Representatives Visit Lancaster
 
On Friday, August 2nd, EDC and its regional economic development peers hosted 10 representatives from Pennsylvania's International Trade and Investment in Lancaster.  The representatives were presented with an overview of the region and had a chance to meet face-to-face with local economic developers.  The PA Office of International Business Development contracts with trade offices around the world to help PA companies develop export markets and to assist foreign firms interested in investing in the US.
2019 EDC Annual Meeting

Tuesday, November 5th
7:00AM to 9:00AM  
Lancaster Marriott at Penn Square


Invitations will be distributed electronically in early fall.  Mark your calendars now!
A Break to Educate: Boroughs Collaborative
 
Tuesday, September 17th
11:30AM to 1:00PM
 
115 East King Street, Rooms 2E/2F

Register for this free event today by
clicking here.