Government & Civic Life
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Philadelphia Federal Reserve Bank Chairman Is Optimistic About Economic Growth
Charles I. Plosser, chairman and CEO of the Philadelphia Federal Reserve Bank, believes our constantly changing world will be full of surprising new developments that enhance economic welfare. In brief, that is Plosser’s take on the future of innovation and our nation’s prospects for economic growth. Just recently Plosser spoke on the topic of “Economic…
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Lifestyle Center Roadwork, New Hangars And Rail Station Signals Pull In $2.6M
A total of $2.64 million of state funding is being routed to Chester County for a trio of transportation projects that promise to help steer further economic growth, according to a Daily Local News report. Better access and pedestrian accessibility features for Devon’s planned new Lifestyle Center development for Urban Outfitters, Inc. on Route 30 attracted…
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County’s Triple-A Bond Rating Remains As Chester County Refinances
The Chester County Commissioners have approved a bond issue to refinance debt and fund the county’s five-year Capital Investment Program. The refinancing will likely save the county more than $4 million. A new emergency voice radio system will be included in the Capital Investment Program. Gordon Walker, managing director of Public Financial Management, said the…
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Op-Ed: Chester County Benefits From China Partnership
By Terence Farrell, Chester County Commissioner and Michael Grigalonis, COO of Chester County Economic Development Council Chester County citizens and businesses will greatly benefit from the establishment of a partnership between the county and China. We have just returned from a nine-day Sino-American Regional Business Development & Cultural Exchange Summit that centered in the Yongchuan District (Chongqing…
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Commissioners Seek Replacement For Ryan Costello, Propose 2015 Budget With No Tax Increase
The 2015 budget proposed by the Chester County Commissioners calls for no tax increase for property owners. “This budget reflects our commitment to providing high value for our citizens as cost effectively as possible, and our budget process demonstrates the importance we place on transparency and accountability,” said Ryan Costello, chairman of the board. “This…
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Philadelphia Fed Reports Upward Trend For Region’s Nonmanufacturing Business
Nonmanufacturing sectors in the region continued to grow in October, according to firms responding to this month’s Philadelphia Federal Reserve Nonmanufacturing Business Outlook Survey. The survey shows general activity, new orders and sales or revenues improved over last month’s readings. Responding firms also continue to be optimistic about activity over the next six months. Firms…
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Innovate In PA Program Will Get More State Funding
The Pennsylvania Department of Community and Economic Development said Oct. 15 it has selected the Texas firm Atex Petros Holdings, LLC to sell $100 million in insurance premium tax credits to generate revenue for the Innovate in PA program. The program supports entrepreneurs and start-up businesses and will fund the Ben Franklin Technology Development Authority,…
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State Online License Renewal System Launched
The State of Pennsylvania has just launched several new online services to help corporations and professional license holders do business with the state more quickly and easily. Carol Aichele, secretary of the Commonwealth, said incorporating businesses and those employed in 29 different professions applying for and renewing licenses will now be able to handle almost…
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U.S. Unemployment Drops to 5.9%
The New York Times is reporting that U.S. unemployment fell below 6 percent for the first time since July 2008 in September. The announcement comes after the U.S. Department of Labor and Statistics released its report on employment for last month. The report surprised pundits and economists alike. Many believed that the August lull in…
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Chart Of The Day – Chester County’s Unemployment Rate
Chester County’s unemployment rate is not only far below the nationally average but continues to set the standard to which other counties in the Delaware Valley should aspire. This from the U.S. Bureau of Labor Statistics: [quote bgcolor=”#eae6e3″]In June, Chester County, Pa., had the lowest unemployment rate in the Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md. Metropolitan Statistical Area at 4.5…
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Township Officials Approve $85m Chesterbrook Shopping Center Redevelopment
By Lance Knickerbocker Tredyffrin officials last week approved an $85m plan to raze and resurrect the Chesterbrook Shopping Center. The new design from Goodwin Architects includes substantial mixed-use residential development and enlarged commercial spaces. Activity at the Chesterbrook Shopping Center declined over the last decade. According to a report in the Philadelphia Business Journal the…
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Coffee Break: Spread The Word, Not The Flu
Chester County’s Health Department is making flu vaccine available by appointment for adults and children over the age of 6 months at the Health Department’s West Chester office at 601 Westtown Road on the following days: Tuesdays 9:00am – 4:00pm Wednesdays 11:00am – 6:00pm Fridays 9:00am – 4:00pm Prticipants are asked to complete both pages…
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Liquor Control Board Pours $41,800 Into Chester County Municipalities
When the sun is over the yardarm you might consider hoisting one for the Pennsylvania Liquor Control Board, the agency politicians continue to consider abolishing. The PLCB just released figures saying they paid $41,800 to 15 Chester County municipalities between Feb. 1 and July 31. The funds came from the liquor licenses and permits from…
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PASiteSearch.com Named One Of The Nation’s Best For Business
PASiteSearch.com, Pennsylvania’s web-based business location search tool, is recognized as one of the top 10 websites in the nation helping businesses start up, expand and relocate. The site made the list of the State Rankings of Best Economic Development Site Selection Website Services. The urban and regional planning/consulting firm Sigala, Inc. ranked PASiteSearch.com seventh out…
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Grant Clears Heli Maker, Sikorsky, For Liftoff Of Future Growth
A $2.5 million state grant will not only keep helicopter rotors spinning at the Chester County Airport but is likely to also help more economic opportunities lift off. “We are not just talking about keeping current employees in Chester County,” state Sen. Andrew Dinniman of Chester County said in a Daily Local News article. “We are talking…
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Chester County Government Course Launches In September
The Chester County School of Government, a free six-week course open to all county residents, is scheduled to begin on Tuesday, September 23, 2014, at the Chester County Library in Exton. School of Government classes are designed for citizens wanting to know more about county services and the responsibilities of Chester County government in relation…
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Commissioners Appoint New Director Of Veterans’ Affairs
Phoenixville resident Lawrence Davidson is the new Chester County director of veterans’ affairs. Davidson was formerly a United States Army engineer and a section sergeant at Fort Knox, Ky. In announcing the appointment, Commissioner Kathi Cozzone said Davidson’s impressive work background also included handling social programs for veterans. “I am working to understand the challenges…
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Pennsylvania Shows Urban Outfitters Its Green Hand(out)
The editors at Philadelphia magazine aren’t sure whether recent news of a $3 million grant from state government should be heralded as an environmentally friendly investment or corporate welfare, but either way our neighbors to the west will get a 3 megawatt rooftop solar array on top of the new Urban Outfitter’s new Gap, Lancaster County…
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