Economic Pulse with Dr. Kamran Afshar

Fridays at 5:44pm, Mondays at 7:35am
Kamran Afshar

Economic Pulse with Dr. Kamran Afshar is a synopsis of the week's economic news, with a detailed look at trends in the Lehigh Valley, and important issues to watch in the coming week.

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Business
12:27 pm
Fri July 11, 2014

The Manufacturing Industry's Decline on Economic Pulse

What happened to manufacturing? Are we producing anything anymore?

Employment in manufacturing has dropped from 18 million in 1972 to 12 million in 2010, however, the fewer manufacturing employees are producing a lot more products than their significantly larger manufacturing employees did in 1970s.

(Original air-date 7/11/2014)

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Business
12:23 pm
Fri July 4, 2014

Optimistic Signs from the Consumer Price Index on Economic Pulse

June consumer sentiment index recorded a slight increase over its May’s level. The index has been relatively unchanged in the last 6 months, this is remarkable considering the size of the GDP drop in the 1st quarter. Consumers clearly considered this a one time events.

(Original air-date 7/4/2014)

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Business
12:19 pm
Fri June 27, 2014

Nationwide Drop in GDP on Economic Pulse

The nation’s real Gross Domestic Product or GDP dropped  by a surprisingly large 2.9% during the 1st quarter of 2014, last winter was a lot worse than we thought.

(Original air-date 6/27/2014)

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Finance
3:19 pm
Tue June 24, 2014

The Valley's shift towards service industry jobs on Economic Pulse

The Lehigh Valley’s employment level has now exceeded its pre-recessionary high. However, not all the jobs lost have been recovered.  Recoveries in the job market are seldom even across the sectors. Usually the new jobs are somewhat or a lot different from the ones lost. The same is true about the Lehigh Valley’s recovery. Many of the jobs lost are not going to come back. The Valley is moving in the direction of services and away form production.

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Finance
3:03 pm
Tue June 24, 2014

The Unemployment Rate explained on Economic Pulse

Payroll employment increased by whopping 217,000 in May. Despite that, the unemployment rate was unchanged at 6.3%. The unemployment rate stayed the same despite the 217,000 new additions to payroll employment because the total number of unemployed increased by 46,000. How did that happen? This is basically a function of the definition of employment. The government’s definition of employed is very broad and appears to have been designed to underestimate the total unemployment.

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Finance
10:36 am
Fri May 16, 2014

Inflation Concerns on Economic Pulse with Dr. Kamran Afshar

While inflation over the last 12 months still registers only at a low 2.0%, if we look at the first 4 months of this year the picture changes significantly. The consumer price index, the instrument we use for measuring inflation rose by 1.3% over the last 4 months. This translates into a 5.2% inflation at annual rates. That is if this trend continues for the rest of the year we are going to re-visit inflation for the first time since 2007! (Original air-date 5/16/2014)

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Finance
3:36 pm
Sat May 10, 2014

Quarterly Economic Review on Economic Pulse

Left to right: Jennifer Mann, Kevin Flemming, Josh Dodd, Kamran Afshar

On this special hour-long edition of Economic Pulse, Dr. Afshar looks at the financial and economic state of the Lehigh Valley during the first quarter of 2014. His roundtable panel includes Jennifer Mann (President of Mann Consulting), Kevin Flemming (President of Integrity Personnel), and Josh Dodd (Senior Vice President at Univest Bank & Trust). (Original air-date 5/8/2014)

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Finance
10:46 am
Fri May 2, 2014

The Federal Reserve's Influence on the Economy on Economic Pulse

How does the Federal Reserve influence the economy?

Dr. Afshar explores what the Federal Reserve is, how it affects banks and businesses, and the specific tools it uses to influence the economy.  

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Finance
11:07 am
Thu April 24, 2014

Paying down our national debt's interest on WDIY's Economic Pulse

 Our national debt is now larger than our GDP, how are we going to pay the interest on such a large debt? Asks Dr. Kamran Afshar.

 The National Debt is 101.5% of the country’s Gross Domestic Product, not dissimilar to the latter half of the 1940s, when the US economy came out of the Great Depression and WWII had ended. Interest rates were just slightly higher than today’s rates, and the interest payment on the national debt was less than 2% of the GDP, despite the fact that the debt was 21% higher than the GDP of the time.

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Business
12:11 pm
Fri April 18, 2014

How Are We Paying The National Debt? On Economic Pulse

Economic Pulse with Dr. Kamran Afshar is a synopsis of the week’s economic news, with a detailed look at trends in the Lehigh Valley, and important issues to watch in the coming week.  Economic Pulse airs Fridays at 5:44pm and Mondays at 7:35am.  (Original air-date April 18, 2014).

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