Economic Pulse with Dr. Kamran Afshar

Fridays at 5:44pm, Mondays at 7:41am

Dr. Afshar presents a synopsis of the week's economic news with a detailed look at trends in the Lehigh Valley and the nation. Fridays at 5:44 PM; Mondays at 7:41 AM.

Consumer Sentiment Index Rising on WDIY's Economic Pulse

Mar 28, 2014

  Dr. Kamran Afshar argues that consumer sentiment index reflects the level of consumer confidence in their own finances and thus closely relates to consumer expenditures in the near future. Considering that close to three quarters of our economy is composed of consumer expenditures, consumer sentiment is a major indicator of the future direction of the economy. Consumer sentiment index rose slightly in February. The burning question: Is this one of the signs that happy days are about to arrive? Tune in on Fridays at 5:44 PM ad Mondays at 7:35 AM. (Original air-date March 28, 2014).

After the financial crash and the start of the Great Recession, banks significantly cut back in lending money to businesses. They have started to increase their lending since 2010. Dr. Afshar says we are not yet back where we were before the recession but moving in that direction rapidly. (Original air-date March 21, 2014).

 The Bureau of Labor Statistics released employment data showing an increase of 175,000 new payroll jobs in February. But at the same time it also stated that the total number unemployed increased by more than 200,000 and unemployment rate also rose by one-tenth of one percent in February. How does this work? Tune in on Fridays at 5:44 PM and on Mondays at 7:35 AM. (Original air-date March 14, 2014).

This week on WDIY's Economic Pulse, Dr. Kamran Afshar asks "Is the economy on the path to real recovery this time?" The economy grew at a rate of 3.2% during the 4th quarter of 2013. This is on top of a 4.1% growth in the 3rd quarter, such numbers are beginning to make this look like a real and robust recovery. Are we really there? (Original air-date March 7, 2014).

The Economic Impact of Snow Storms

Mar 5, 2014

This week on WDIY's Economic Pulse, Dr. Kamran Afshar discusses how the economic impact of snow storms is multifaceted and ranges from loss of sales on one side to loss of income and revenues on the other. Such losses multiplies when people can't go to work and earning declines and while some of these losses are recoverable after the storm passes most of them are not. (Original air-date February 14, 2014).  

Lehigh Valley's Quarterly Economic Review

Feb 7, 2014

Our host Dr. Kamran Afshar and guests David Kennedy, Chief Banking Officer, National Penn and Tony Ianelli, President, Greater Lehigh Valley Chamber of Commerce, discuss Lehigh Valley's quarterly economic review. (Original air-date February 6, 2014)

Economic Pulse with Dr. Kamran Afshar

Jan 31, 2014

This week on WDIY’s Economic Pulse, Dr. Kamran Afshar will discuss findings of his January survey of local businesses. Results from the survey indicate a continued but cautious optimism regarding Lehigh Valley’s local economy for at least the next 6 months. (Original air-date January 31, 2014).

WDIY's Kamran Afshar asks "What happened to Inflation? "

Jan 17, 2014

Before the Great Recession, inflation was rising at a pretty healthy rate, reaching as high as 5.6%. However, the recession wiped out that inflation alongside with 8.7 million payroll jobs, a booming housing market, more than 500 commercial banks,as well as a large number of other businesses. What Happened to inflation? Does the Federal Reserve have the tools to keep inflation at bay? At what cost? (Original air-date January 17, 2014).

The Rise of Help Wanted Ads on WDIY's Economic Pulse

Jan 10, 2014

Dr. Afshar discusses how help wanted adds rose significantly during the second half of 2013, reaching 5.4 million jobs in the US in December 2013 and how this compare to past years and its effect on employment in the months to come. (Original air-date January 10,2014).

This Week's Economic Pulse

Jan 3, 2014

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. (Original air date January 3, 2014.)

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