Dow Jones industrial average rose by more than 7% as the economy shrunk 3.5% in 2020. Dr. Kamran Afshar looks at this and more in the week's economic news for the Lehigh Valley.
The Lehigh Valley business sentiment index rose by only 3% in January. Dr. Kamran Afshar presents a synopsis of the week's economic news with a detailed look at trends in the Lehigh Valley and the nation.
The Lehigh Valley has recovered 7 out of every 10 jobs it lost last spring. Dr. Kamran Afshar looks at this and more in the week's economic news for the Lehigh Valley.
Orders for consumer durables—a leading economic indicator—are flat. Dr. Kamran Afshar looks at this and more in the week's economic news for the Lehigh Valley.
The month of December saw a decline in payroll employment of 140,000 jobs. Dr. Afshar warns this may be the start of a secondary recession which will create economic hardship for many through the winter.
Consumer sentiment posted a surprising increase in early December. Dr. Kamran Afshar looks at this and more in the week's economic news for the Lehigh Valley.