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Flag of Philadelphia

Philadelphia is the largest city in Pennsylvania and the fifth-largest in the United States, founded on 27 October 1682 by William Penn. The city was the capital of the colony of Pennsylvania, and it became famous for being the location of the signing of the US Declaration of Independence during the American Revolutionary War. The city was the provisional capital of the United States while Washington DC was under construction, and it became a major industrial center during the 19th century. The city's population grew as a result of European and African-American immigration and internal migration, but it would lose manufacturing jobs to overseas regions and lower-taxed regions of the USA during the 1960s, causing its decline. The consolidation of retailing, financial services, and healthcare companies again led to the decline of the city's economy, and the city approached bankruptcy in the late 1980s. During the 1990s, gentrification began, decreasing the crime rate in the city and reversing the trend of population decline. In 2015, the city had a population of 1,567,442 people, with 45% being white, 44% African-American, and 7.2% Asian, with significant Hispanic and multiracial minorities.

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