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Good money news: Inflation and unemployment both down

There’s positive economic news for both Pennsylvania and the Philly area, though indicators still slightly lag the national average.

  • Inflation dropped in the Greater Philadelphia region, which in October had the sixth lowest inflation rate among large U.S. metros, per the Economy League. Housing prices did continue to inch up, however.

And while slightly higher than the U.S. average of 3.7%, Pa.’s unemployment rate of 4% is the lowest it’s been since 1976, City & State reports.

The U.S. Mint in Philadelphia Credit: Beyond My Ken / Wikimedia Commons

Missing the Ginkgo stink? Why the drop was late this year

The pungent smell of a ginkgo tree is usually everywhere around Philadelphia this time of year, but residents have been noticing unusual behavior.

  • The stinky fruits and fan-shaped leaves in several parts of the city didn’t drop until this week’s freeze. In some areas, the leaves never even turned signature gold before falling en masse.

Botanists say the noticeable shift is likely based on weather, Lizzy McLellan Ravitch reports.

A person's fingers hold a single fan-shaped leaf; A Philadelphia street lined with trees
Left: Some ginkgo leaves have turned golden and dropped, but some trees around Philly are holding onto their still-green foliage Credit: Lizzy McLellan Ravitch; Dena Driscoll

RECAP: What else happened?

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The story you didn’t read

? Highlighting good BP articles few people clicked on ?


No public events on the schedule for the city’s 99th mayor today.


?? BP Quizzo is back! Join us at Padelphia on the Schuylkill River across from Manayunk. We’ll have three rounds of local trivia, drinks, snacks, prizes — and a chance to find out more about the apparently trendy racket sport called Padel. Free RSVP here. (7 p.m. Thursday, Dec. 15)

? If you’re not planning to Turkey trot on Thursday morning, the Trestle Inn hosts a Thanksgiving Eve dance party — with a holiday-ifed cocktail, the Turkeywide. (8 p.m. to 2 a.m. Wednesday, Nov. 23)

? For that post-Thanksgiving turkey break, chef Emily Horner hosts a pop-up at the former Musi in Pennsport, offering square pizzas and frizwit cheesesteaks for pickup or delivery. (12 to 8 p.m. Saturday and Sunday, Nov. 26-27)