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.
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.
Host Eleanor Bobrow discusses getting your business idea off the ground with Carlton Raines, Chairman of Lehigh Valley Chapter 74 of SCORE, an organization dedicated to growing successful small businesses across America, one business at a time. (Original air-date 6-2-2014)
What exactly is a financial advisor? What does the designation mean? Host Laurie A. Siebert, CPA, CFP®, AEP®, explains and takes listener finance questions live on the air. (Original air-date 5/28/2014)
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)
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)