Posts Categorized: On the Pennsylvania Economy

Pennsylvania Natural Gas Development

Posted by & filed under On the Pennsylvania Economy.

PennEast Pipeline Company Recently Announced Plans to Construct a 100-Mile Natural Gas Pipeline That Will Begin in Luzerne County, PA and End at the Trenton-Woodbury Interconnection in New Jersey. The Pipeline is Designed to Provide Natural Gas Service to About 4.7 million Homes, Up to 1 Bcf Per Day, Which Will Offer Consumers Savings Through… Read more »

Property Taxes

Posted by & filed under On the Pennsylvania Economy.

Property Tax Elimination Bill Will Shift New Burdens to Pennsylvania Employers; Read the Full Story at: http://www.pachamber.org/newsroom/articles/2013/Property_tax_elimination_bills_ would_shift_new_tax_burdens_to_Pa_employers.php The Investment Advisor- Helping Individuals, Families, Business and Non Profit Organizations in Pennsylvania

Pennsylvania Economy

Posted by & filed under On the Pennsylvania Economy.

The Pennsylvania Chamber of Business and Industry has Released Their 2013 Pennsylvania Annual Economic Survey. You Can Review the Results of the Survey at www.pachamber.org/advocacy/studies_reports/pdf/PA%20ChamberEconomicSurvey-Aug2013.pdf The Investment Advisor-Helping Individuals, Families, Business and Non-Profit Organizations in Pennsylvania

Pennsylvania – 7th in U.S. Technology Employment

Posted by & filed under On the Pennsylvania Economy.

Pennsylvania is 7th in the Nation in Technology Employment. Tech America Foundation  has Completed Their Study of the United States Technology Industry. Tech America’s Cyber States Study Looks at Technology Employment, Wages and Important Metrics in the United States as a Whole and in all 50 States Individually. Important Results of the Study Include:  The… Read more »

Retirement Plan Reform in Pennsylvania

Posted by & filed under On the Pennsylvania Economy.

On May 7th Governor Corbett Released His Public Pension Reform Plan. This Plan and Newly Introduced Bills in the Pennsylvania House and Senate Proposes to Convert Pennsylvania’s Defined Benefit Plan to a 401k Style Retirement Plan. The Bills are Being Introduced in an Attempt to Reduce and/or Eliminate the Funding Shortfall or Unfunded Liability of… Read more »

Pennsylvania March Unemployment Rate Fell, Number of People Working Dropped

Posted by & filed under On the Pennsylvania Economy.

The Unemployment Rate in Pennsylvania Fell From 8.1% in in February to 7.9% in March. According to the Bureau of Labor Statistics The Total Number of People Working in Pennsylvania Dropped by 14,000. This Followed a Decline of 6,000 in February. The Data suggests “The Decline in the Labor Force Effectively Disguised the Drop in… Read more »

Pennsylvania Homeowners to Share as Much as 612 Million in Property Tax Reductions

Posted by & filed under On the Pennsylvania Economy.

It is Estimated Homeowners in Pennsylvania will Share as Much as 612 Million in Property and Wage Tax Reductions. The State Department of Education Released Estimates of Next Years Reductions for Local School Districts Under the Homestead and Farmstead Exclusion Program. See the News Release at http://news.yahoo.com/pa-homeowners-share-tax-reductions-172013194.html

Property Rights in Pennsylvania

Posted by & filed under On the Pennsylvania Economy.

The Supreme Court of Pennsylvania Reaffirmed the Dunham Rule with respect to property rights. This Case Involved a Deed Executed in 1881 that reserved to the Grantor one half the minerals and petroleum oils. The Dunham Rule Asserts natural gas cannot be defined as a mineral. The Pennsylvania Supreme Court Ruled Natural Gas trapped within… Read more »

On the National Scene Jobless Claims Fall for the Week Ending April 20th

Posted by & filed under On the Pennsylvania Economy.

Jobless Claims Drop: Applications for jobless benefits fell by 16,000 to 339,000 in the week ended April 20, according to Labor Department data released in Washington. Economists in a Bloomberg survey had a median estimate of 350,000 claims. Check Out the Details at http://money.cnn.com/2013/04/25/news/economy/unemployment-benefits/index.html