There are many reasons why AEC firms are not profitable enough, but one main reason is poor financial management.
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Diversification and patience are key in inflationary economy
To protect retirement accounts amid this inflationary economy, a local financial advisor says the key is diversification and patience.
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Outdoor recreation provides Pa. with economic surge
Outdoor recreation contributed $13.64 billion to Pennsylvania’s economy, accounting for 152,000 jobs, and 1.6% of the state’s Gross Domestic Product (GDP), the Department of Conservation and Natural Resources announced Thursday.
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Strikes surge as economic woes increase
Poor working conditions and stagnant wages have led to an increase in strike activity.
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Pennsylvania hospitals face financial challenges but hold strong on economic contributions
Pennsylvania hospitals, while facing financial challenges in the post-pandemic world, still support one in 10 jobs and contribute a fifth of the state’s gross domestic product.
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New report outlines PA climate goals
A new report on Pennsylvania's climate goals outlines a road map for the state to capitalize on its competitive edge in energy production and industrial manufacturing.
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Is Harrisburg poised to become Pennsylvania’s next economic engine?
Results from a recently released Harrisburg Regional Economy Baseline Analysis found professional services among the area’s “key industry” with remarkable and unexpected similarities to larger urban centers like Philadelphia and Pittsburgh.
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L&I’s Berrier reflects on economy ahead of Labor Day
To celebrate Labor Day, Department of Labor & Industry (L&I) Secretary Jennifer Berrier joined labor leaders and legislators to reflect on Pennsylvania's strong economy Wednesday.
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Inflation eases in July, driven by falling energy prices
The U.S. Commerce Department reported Friday that inflation eased in July, raising hopes that it may have peaked - finally.
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US jobless claims at the highest level since November
A day after the federal government reported that the country added a higher-than-expected 528,000 jobs in July, the Labor Department announced Thursday that the number of Americans who signed up for unemployment benefits rose last week to the highest level since November.
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Inflation rises less than expected in July
Helped by falling gasoline prices, inflation eased a bit in July, giving American consumers some relief from surging costs.
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U.S. economy adds 372,000 jobs last month, beating expectations
American employers added 372,000 jobs in June, as the unemployment rate remained unchanged at 3.6% for the fourth consecutive month, the U.S. government reported Friday.
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Pennsylvania receives $3.9 million from U.S. Dept. of Labor for apprenticeships
The Pennsylvania Department of Labor and Industry was awarded $3.9 million from the U.S. Department of Labor to strengthen and modernize Registered Apprenticeship programs.
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Local investment in warehouse growth fueled by consumer demand
Consumer demand is driving the warehouse boom in Central Pennsylvania and Lehigh Valley with ecommerce companies leasing more than half of the space.
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Pending home sales across nation rise, ending six-month decline
The National Association of Realtors reported Monday that pending home sales across the country inched up in May, ending a six-month run of month-over-month declines.
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