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Category: Economy

Economy

New visa policy could have local impact

Confusion is giving way to a bit of clarity as employers wrap their heads around a new Trump administration policy enacting steep fees on visas allowing foreign-born workers to hold jobs in the U.S. When the policy was announced on Friday, employers worried they might have to pay to bring current visa holders back into the […]

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Economy

Regional jobless rates tick up

As uncertainty over tariffs froze customer orders in the spring, JLS Automation in York County laid off 10% of its workforce. Business began to come back over the summer, JLS president and CEO Craig Souser said in an early August interview.  The York-area company, which employs about 130 people, assembles automated packaging lines for food companies. “It’s […]

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Economy

Higher water, sewer rates sought

The York Water Co., which serves more than 212,000 people in Adams, Franklin, Lancaster and York counties, is asking state regulators for permission to raise rates for water and sewer service. Under the proposal, residential water customers would pay an additional $14.16 per month, while sewer service would go up by an average of $35.85 […]

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Economy

Effort underway to boost downtown Harrisburg

State lawmakers, city officials and the Capital Region Economic Development Corp.  are launching a joint effort to revive downtown Harrisburg, which has yet to recover fully from the Covid-19 pandemic. The partners plan to assemble a steering committee that will begin work “immediately” on a downtown revitalization plan. “Everyone agrees that we need to provide some […]

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Economy

Chamber plan ‘a starting point for collective action’

Pennsylvania’s economy has been shaken by the rise of manufacturing in China and a shift in the U.S. population to the South and Southwest. But there are still levers the state can pull to boost its fortunes, and that’s where the focus is for Luke Bernstein, president and CEO of the Pennsylvania Chamber of Business […]

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Banking/Finance

Economic uncertainty weighs on regional M&A 

Regional dealmakers came to life in the second half of 2024 as interest rates came down.  Nonetheless, the volume of mergers and acquisitions in Central and southeastern Pennsylvania fell last year for the third year in a row, according to an annual report by professional services firm RKL LLP.  This year began on an active note, according […]

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Economy

Shapiro, lawmakers ramp up push for energy plan

State lawmakers yesterday began to put some legislative meat on the bones of an energy plan unveiled in January by Gov. Josh Shapiro. The lawmakers issued a series of memos seeking sponsors for elements of the six-point plan, which is designed to lower prices, speed up construction of new power sources and encourage environmentally friendly forms […]

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