The Greater Reading Chamber Alliance (GRCA) is pleased to share the latest Economic Intelligence Report for Berks County, developed in partnership with the Lancaster EDC’s Center for Regional Analysis. This quarterly update provides a detailed overview of how national and state trends are shaping our local economy, with a focus on employment, wages, housing and consumer activity.
These insights are designed to help business leaders, policymakers and community partners make informed decisions and prepare for the months ahead.
Q2 2025 Economic Highlights:
- Berks County’s labor force declined by 1,200 people, while employment fell by 2,300. Retirements are increasing as the population ages, with 5,100 more workers over age 65 since 2014 and fewer mid-career replacements available.
- The unemployment rate averaged 4.6% in June, slightly higher than last year but still well below the county’s long-term June average of 5.8%. Employers continue to report challenges filling high-skill positions.
- Average hourly wages dipped by 16 cents from June 2024 to June 2025, reflecting the retirement of higher-earning employees. Inflation rose 2.7% year-over-year, led by higher housing and service costs.
- The housing market remains competitive. Median home sales prices climbed nearly 15% year-over-year, and permitting activity increased, with 158 units approved in the first half of 2025. Notably, Q2 saw the first multi-unit projects permitted since 2023.
- Pennsylvania’s GDP remained positive in Q1, being one of only 10 states with positive economic growth, while the national economy contracted.
To explore the full Berks County Economic Intelligence Report Q2 2025, complete with detailed charts and extra insights, please download the full Berks County Intelligence Report Q2 2025 conducted by Lancaster EDC’s Center for Regional Analysis.
Why the Data Matters
Understanding these shifts helps our community in responding proactively. Whether it involves planning for an aging workforce, addressing housing needs or monitoring wage and inflation trends, this data offers a valuable framework for informed decision-making.
By analyzing these indicators carefully, local leaders can anticipate potential challenges, develop effective workforce strategies and invest in solutions that support the growth and stability of Berks County’s economy.
GRCA’s Role
GRCA is dedicated to providing accurate economic information that supports strategic decision-making throughout the region. This report highlights our ongoing collaboration with Lancaster EDC’s Center for Regional Analysis to deliver data-driven insights that are valuable for the businesses and residents of Berks County.
By delivering timely and actionable economic data, GRCA helps businesses navigate challenges and seize opportunities that drive growth in our region. Download the full report to explore the latest economic trends and what they mean for Berks County’s future.
Questions? Please contact Aaron Gantz, VP of Economic Development & Strategy at agantz@greaterreading.org