Business

Brewery-winery combo to open in West Philly

From left to right, Brendon Boudwin and Kyle Wolak
Brendon Boudwin and Kyle Wolak. Photo courtesy of Carbon Copy

There are breweries. There are wineries. Then there is Carbon Copy.

Driving the news: The city's first brewery and winery combo is in the works for West Philly at the site of the Dock Street Brewery, which ended its 15-year run at the end of May.

Pennsylvania's "Mushroom Capital of the World" sees demand soar

"Mushroom capital of the world" is displayed on town water tower in Kennett Square, Pennsylvania.
Kennett Square. Photo: Craig Warga/Bloomberg via Getty Images

At the start of the year, crystal balls predicted 2022 would be the Year of the Mushroom, as trendy new products flooded the market with umami flavor.

Shane Savitsky
Aug 2, 2022 - Sports

Philadelphia Eagles are ranked as 9th most valuable NFL team

Data: Sportico; Table: Axios Visuals
Data: Sportico; Table: Axios Visuals

The Eagles are worth $4.7 billion, landing at No. 9 on Sportico's annual NFL valuations list, Axios' Jeff Tracy reports.

Why it matters: The list shows just how dominant the NFL is in the American sports landscape. There are 16 NFL franchises worth at least $4 billion — and just seven across the MLB, NBA and NHL combined.

Shane Savitsky
Jul 25, 2022 - Sports

The Phillies have seen attendance decline almost 20% since 2019

Data: Baseball Reference; Table: Thomas Oide/Axios
Data: Baseball Reference; Table: Thomas Oide/Axios

The Phillies have seen their attendance slip by almost 20% this season when compared to 2019, far outpacing the MLB average of 6.4%.

Why it matters: There's a whole host of reasons fueling the decline, as Axios' Jeff Tracy reports, but the Phillies' slump is unique in our sports-crazy city.

Alexa Mencia
Jul 22, 2022 - News

Meet Philly's new director of nightlife

A headshot of Raheem Manning wearing a grey blazer.
Raheem Manning. Photo courtesy of the city of Philadelphia

Philly doesn't want to be kept in the dark about its nightlife. So the city created a new role to support and grow its late-night industry.

Driving the news: Philadelphia's Commerce Department named Raheem Manning, the founder of travel and events company The Weekender Experiences, as the city's first nighttime economy director on Thursday.

Shane Savitsky
Jul 21, 2022 - Business

Philly's 8.8% inflation rate is its highest since 1982

Data: BLS; Chart: Axios Visuals

The Philly area's inflation rate hit 8.8% last month, according to the Bureau of Labor Statistics.

  • That's a little behind the national rate of 9.1%, but remains the largest year-over-year increase for our area since January 1982.

Why it matters: It feels like everything's getting more expensive, but our region's wages — up nearly 5% since last year — can't keep up.

Alexa Mencia
Jul 14, 2022 - Business

Philly startup aims to solve mental health crises through primary care

Illustration of an app-like brain with an alarm icon on it
Illustration: Sarah Grillo/Axios

A Philadelphia-based tech startup is trying to prevent mental health crises by helping physicians monitor and identify issues earlier on in primary care settings.

Why it matters: Access to mental health care, which is often siloed, has been an issue for decades, and lingering stigmas and cost remain among the largest barriers.

Alexa Mencia
Jul 13, 2022 - Business

Pennsylvania boosts film tax credit program to $100 million

Illustration of a Hollywood Walk of Fame star labelled "Pennsylvania".
Illustration: Lindsey Bailey/Axios

You might soon see more of Pennsylvania on the big screen.

What's happening: Pennsylvania's General Assembly gave the state's film industry a $30 million boost as part of a delayed $42.8 billion budget approved late last week.

  • The bump in funding will raise the cap on the state's film tax credit program to $100 million. Of that, $5 million will be set aside for independent film productions.
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