Pennsylvania
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Clean Energy Jobs in Pennsylvania Have Grown by Six Percent in Last Year
A new study has found that Pennsylvania recorded a six percent growth in clean energy jobs over the last year, writes Michelle Caffrey for Philadelphia Business Journal. Currently, there are 70,000 people working in the sector in some way, 23,000 of them in the Philadelphia region. . This third annual study is the result of…
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Having the Last Name Penn Unlikely to Mean Relation to Pennsylvania’s Founding Father
Despite many people having the last name Penn, none are related to Pennsylvania’s founding father William Penn, writes Mark Dent for Billy Penn. Stories of Penn’s descendants have been passed down for generations, but unfortunately, none of them are true. Unlike the other founding fathers that have prominent direct descendants, William Penn did not have…
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Biopharmaceutical Research Companies Pump Close to $70 Billion into State’s Economy
Biopharmaceutical research is continuing to generate big business in Pennsylvania and helping boost the state economy, writes John George for Philadelphia Business Journal. According to a report by the Pharmaceutical Research and Manufacturers of America, pharmaceutical research companies generate $68.9 billion annually, from both direct and indirect economic activity. The study, conducted by TEConomy…
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State Is Imposing $1 to $100 Price Hike on 412 Liquor Brands
If your favorite beer or wine suddenly costs more, don’t blame store management. All state-run liquor stores in Pennsylvania are tacking on an extra $1 to $100 per bottle of 421 select brands of liquor as part of the first government-imposed price hike in almost 25 years, according to a Philly.com report by Justine McDaniel.…
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Mark Zandi: Public Infrastructure Needs Immediate Attention
There are few things that all sides can agree on in today’s polarized political environment, but the dire need for action regarding the nation’s public infrastructure is one, writes Mark Zandi, the chief economist for West Chester-based Moody’s Analytics, for the Philadelphia Inquirer. Nowhere is this more conspicuous than in the Philadelphia area, where a…
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WalletHub: Pennsylvania Lags Behind on Woman’s Equality
According to the latest analysis by WalletHub, Pennsylvania has a long road ahead when it comes to women’sequality. The 2017’s Best & Worst States for Women’s Equality study puts the Keystone State seventh from bottom nationwide, making it one of the worst states when it comes to the issue of women’s equality. The ranking was…
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Pennsylvania’s College Students, Graduates Nearly the Most Indebted in America
A college education can unlock opportunities, but too much college debt can shackle a student’s future. And Pennsylvania borrowers are some of the most burdened by student loans in the entire nation, as a new WalletHub analysis of student debt found the state to be the third-most indebted in America. “Where you live doesn’t just…
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Bloomberg Market Intelligence: Pennsylvania Turnpike Toll Hikes Could Drive Away Users
Municipal bond analyst Eric Kazatsky of Bloomberg Market Intelligence has warned that the annual price hikes planned for Pennsylvania Turnpike over the next 27 years will likely drive away users, writes Joseph N. DiStefano for Philly.com. The Pennsylvania Turnpike Commission, which just approved the ninth straight annual toll increase, uses the tolls to help pay…
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Montgomery County’s 60,000 Turnpike’s Toll Scofflaws Given Fair Warning
The Pennsylvania Turnpike Commission has warned drivers with at least six unpaid tolls or outstanding violations of $500 or more to pay up by Aug. 4, or risk having their vehicle registrations suspended, writes Mari Schaefer for the Philadelphia Inquirer. The new law came into effect on July 5. However, the Commission says that if…
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Bloomberg: Turnpike a Contender for Trump’s Public and Private Infrastructure Partnership
Pennsylvania Turnpike is looking to take advantage of President Trump’s push to attract private investors into infrastructure rehabilitation, writes Gillian Tan for Bloomberg. The program involves the sale or long-term lease of a major infrastructure project and gives the buyer operational control. . States and municipalities could then use the funds from the sale or…
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Pennsylvania School Districts Weighed Down by Budget Mandates
With bookbags strapped to the back of Pennsylvania school districts getting heavier and heavier each year, some districts are now starting to stumble. The weight of new state budget mandates for pensions, special education and charter school tuition is becoming too much for some of them to bear, according to a Penn Live report by…
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Unfunded State Mandates Push Pennsylvania School Districts, Tax Payers Finances to the Brink
With bookbags strapped to the back of Pennsylvania school districts getting heavier and heavier each year, some districts are now starting to stumble. The weight of new state budget mandates for pensions, special education and charter school tuition is becoming too much for some of them to bear, according to a Penn Live report by…
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Guest Editorial: Time for a New Approach. Let’s Grow Pennsylvania’s Economy
By Guy Ciarrocchi In Harrisburg, our elected officials are again participating in the annual ritual of budget negotiations. This continues as our revenue remains stagnant for over a decade. Because of this revenue stagnation, and because of our ever-growing unfunded-pension obligations, Harrisburg officials continue to manage decline. This must end. It’s time for the business…
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Number of Startups in Pennsylvania Soars
The latest ranking of top startup fund seekers published by Gust puts Pennsylvania in fifth which is a huge jump from 2015 when it was well outside the top ten, writes Jonathan Takiff for Philly.com. The list also highlights the giant gap between the top two states, California and New York, and the rest of…
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