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Economic News
Economy adds 74,000 jobs, rate falls to 6.7%
Friday, January 10, 2014 (1410 reads)


A muddied employment report for December raised questions about the strength and direction of the nation's economy on Friday as employers added a disappointing 74,000 jobs, the fewest in three years.

 

Read the article in the Trib



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Economic News
What Act 13 ruling will mean to municipalities, drillers
Thursday, December 19, 2013 (1285 reads)


Lawyers across the commonwealth are studying the complicated ruling issued by the Pennsylvania Supreme Court Thursday on Act 13, the Marcellus Shale drilling law passed in 2012.A cross-section of impacted industries including the drilling sector are pouring over the 160-plus page document wondering about the implications and what may come next.

Read the full article in Pittsburgh Business Times



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Economic News
For drillers, Act 13 ruling creates uncertainty
Thursday, December 19, 2013 (1346 reads)


The Pennsylvania Supreme Court's ruling Thursday that portions of the Marcellus Shale drilling law known as Act 13 were unconstitutional sent a jolt through the state's natural gas industry and its supporters.

The 162-page decision was still being digested by many of the state's major oil and gas players...

Read the full article in Pittsburgh Business Times



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Economic News
Grants aren't the same old payouts, Corbett says
Tuesday, December 3, 2013 (1122 reads)


No one knows “walking-around money” better than state Rep. Dwight Evans, who doled out hundreds of millions of dollars in discretionary grants during decades as the top Democrat on the House Appropriations Committee. 

Critics demonized the grants known as WAMs

Read the full article in the Trib



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Economic News
Corbett offers broad-based energy plan
Monday, January 27, 2014 (1542 reads)


Gov. Tom Corbett on Tuesday went to the heart of Marcellus shale drilling to quietly announce details of a state energy plan. 

His “Energy = Jobs” plan, which his office outlined in a 72-page report and at a website connected to the governor's homepage, looks to market the state's energy sectors to investors and business people. 

 

Read the full article at the Trib



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Economic News
Debate rages over whether to hike minimum wage
Monday, January 27, 2014 (1580 reads)


When Bob Romary asked the owner of the Zips Dry Cleaners he manages what will happen if the minimum wage goes up, the response was a very familiar: “Let's wait and see.” 

It's the same reaction he received at the McDonald's restaurant where he worked before coming to the cleaners in Pittsburgh's Banksville neighborhood less than a year ago. 

 

Read the full article in the Trib



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Economic News
Pittsburgh: Most affordable city in U.S.?
Wednesday, January 29, 2014 (1733 reads)


A worldwide study by Demographia finds Pittsburgh is the most affordable major metropolitan region in the United States.

The study fixed Pittsburgh with a 2.3 Housing Affordability Rating Category, which made it the lowest in the United States and well below the 3.0 or under mark that is considered "Affordable."

Read more in the Pittsburgh Business Times



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Economic News
Tech companies drive Pittsburgh-area growth, development
Thursday, March 27, 2014 (1280 reads)


Technology is playing an increasingly bigger role in Pittsburgh’s economy, as tech companies attract more attention from investors and tech skills become a basic requirement of more jobs, according to a report Wednesday from a regional economic development group.

Read more in the Tribune Review



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Economic News
Pittsburgh-area employers added 22,300 jobs in April
Thursday, May 29, 2014 (1279 reads)


Sunny Kourkoutis spent six months on unemployment and a couple more working in a job she hated before she found something that suited her restaurant experience.



Read more: http://triblive.com/business/headlines/6188520-74/22300-added-april#ixzz336lBrJrD
Follow us: @triblive on Twitter | triblive on Facebook
 



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Economic News
Economy improves from negative impact of winter
Friday, May 30, 2014 (1231 reads)


WASHINGTON — The nation's economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and, along with it, signs that the chill was a temporary setback in the long road to recovery.

Read more: http://triblive.com/business/headlines/6196385-74/quarter-economy-percent#ixzz33CvaZXWw
Follow us: @triblive on Twitter | triblive on Facebook
 



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Economic News
Coal Industry, EPA pollution rules become part of Corbett-Wolf race
Thursday, June 5, 2014 (1114 reads)


When the Obama administration announced plans to reduce carbon pollution by 30 percent nationwide, Pennsylvania Gov. Tom Corbett was among the first to defend the state's coal industry.



Read more: http://triblive.com/business/headlines/6227294-74/coal-corbett-pennsylvania#ixzz33lfYF0PM
Follow us: @triblive on Twitter | triblive on Facebook
 



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Economic News
Corbett to meet Highmark, UPMC directors
Tuesday, June 10, 2014 (1147 reads)



Gov. Tom Corbett is scheduled to meet today with members of the boards of UPMC and Highmark as state officials urge the Pittsburgh health care giants to resolve issues of consumer access ahead of a threatened contract expiration at the end of this year.

Read more: http://www.post-gazette.com/local/2014/06/10/Corbett-to-meet-Highmark-UPMC-directors/stories/201406100072#ixzz34Ew9kGxb
 



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Economic News
Businesses ramped up job searches in April
Wednesday, June 11, 2014 (1079 reads)


American companies advertised more jobs in April than in any month in six and a half years, suggesting that a recent pickup in hiring should continue.



Read more: http://triblive.com/business/headlines/6259342-74/job-jobs-openings#ixzz34LTIzk3U
 



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Economic News
Western Pennsylvania employers look at insurer options in Highmark vs. UPMC
Tuesday, June 17, 2014 (1060 reads)


The question of whether to switch insurers to keep in-network access to UPMC's vast system of hospitals and doctors will trump cost as Western Pennsylvania employers make decisions about health insurance for next year, experts predict

Read more: http://triblive.com/business/headlines/6223301-74/highmark-upmc-health#ixzz34uUGvKQr
Follow us: @triblive on Twitter | triblive on Facebook

 



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Economic News
Obama in Pittsburgh to announce new federal actions to spur innovation
Tuesday, June 17, 2014 (1206 reads)


While making a stop in Pittsburgh Tuesday to meet with employees at TechShop Pittsburgh, President Barack Obama is scheduled to unveil new efforts aimed at expanding opportunities for entrepreneurs and promoting U.S. manufacturing and innovation.

 

READ MORE



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Economic News
Fewer Americans apply for jobless aid
Friday, June 20, 2014 (1192 reads)


Fewer Americans sought unemployment benefits last week, as the number of people collecting jobless aid fell to its lowest level in more than six years.

Read more: http://triblive.com/business/headlines/6311667-74/benefits-fewer-aid#ixzz35Bf4XDfc

 



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Economic News
Income rises 1% in Pa., thanks to construction, mining
Wednesday, June 25, 2014 (1143 reads)


Personal income in Pennsylvania grew faster than the national average in the first three months of the year, making the state 15th in the country, as construction and mining companies paid higher wages to attract workers

Read more: http://triblive.com/business/headlines/6337589-74/income-construction-pennsylvania#ixzz35edJsoHv

 



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Economic News
UPMC, Highmark agree on limited basis to continue care for seriously ill
Thursday, June 26, 2014 (1109 reads)


Elected officials in Harrisburg reached a deal with health care giants UPMC and Highmark Inc., but it wasn't what the insurer and thousands of its members in the Pittsburgh region were hoping for.

Read more: http://triblive.com/news/allegheny/6343353-74/highmark-upmc-contract#ixzz35kU1xMOf

 



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Economic News
Last-minute legalities hold up Highmark transition agreement
Friday, June 27, 2014 (1143 reads)


Last-minute legal wrangling delayed a plan for what will happen to Highmark Inc. members when the insurer's contract with UPMC ends.

Read more: http://triblive.com/business/headlines/6353385-74/highmark-upmc-plan#ixzz35qOeDBPS

 



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Economic News
New details emerge regarding UPMC, Highmark deal
Friday, June 27, 2014 (1240 reads)


Highmark health insurance members will have in-network access to all UPMC facilities outside the Pittsburgh area, Western Psychiatric Institute and Clinic, Children’s and Mercy hospitals in the years to come as part of a consent decree reached between Highmark and hospital giant UPMC.

Read the full story



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Economic News
Pennsylvania lawmakers take up budget proposal again as deadline looms
Monday, June 30, 2014 (1148 reads)


Senate Republicans on Sunday turned from an earlier openness on using taxes to close a state budget shortfall, sending toward the floor a trimmer spending plan than Gov. Tom Corbett proposed earlier in the year.

Read more: http://www.post-gazette.com/news/politics-state/2014/06/30/GOP-trims-spending-for-state-budget/stories/201406300149#ixzz3686KyQyw
 



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Economic News
Pennsylvania House stalls pension reform, sends plan to committee
Wednesday, July 2, 2014 (489 reads)


GOP Gov. Tom Corbett is considering whether to veto money for the Legislature in the state budget to get lawmakers to act on his push to reduce the cost of public pensions, his office said on Tuesday.

Read more: http://triblive.com/news/adminpage/6376624-74/plan-pension-state#ixzz36JVW4rHR

 



      
Economic News
Corbett: All options on table for budget
Thursday, July 3, 2014 (1175 reads)


Gov. Tom Corbett said he and his staff are continuing to review the proposed Pennsylvania budget, with "all options remaining on the table."

 

http://www.bizjournals.com/pittsburgh/news/2014/07/02/corbett-all-options-on-table-for-budget.html?ana=e_pit_rdup&s=newsletter&ed=2014-07-03&u=xzuEt4DEb4S59/ZMaW4ZX6aGlWG&t=1404392681



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Economic News
Job market gains steam; unemployment rate drops to 6.1%
Monday, July 7, 2014 (1149 reads)


In June, employers added 288,000 jobs, and the unemployment rate, which is derived from a separate survey of households, declined by 0.2 percentage points to 6.1 percent, its lowest since September 2008, the Department of Labor said on Thursday

Read more: http://triblive.com/business/headlines/6389067-74/labor-job-jobs#ixzz36mjJ7pIp

 



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Economic News
Pittsburgh unemployment rate drops to 5.5 percent in May
Monday, July 7, 2014 (1089 reads)


Pittsburgh-area employers added 11,000 jobs in May and the unemployment rate fell to 5.5 percent as seasonal hiring in recreational businesses picked up heading into the summer.

Read more: http://triblive.com/business/headlines/6373154-74/jobs-rate-reported#ixzz36nMpVswV

 



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Economic News
House speaker to sign budget bill, but no word on whether Corbett will approve it
Wednesday, July 9, 2014 (1080 reads)


Tuesday came and went without word on whether Gov. Tom Corbett will sign the $29.1 billion 2014-15 proposed Pennsylvania budget

http://triblive.com/news/westmoreland/6407933-74/wife-licensing-prison#axzz36mfOyWqG



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Economic News
Veto, special session studied by Corbett to push Pa. pension reform
Thursday, July 10, 2014 (1145 reads)


Republican Gov. Tom Corbett is strongly considering using his veto power on Thursday to strike funding for the Legislature and calling a special session on pension reform, sources close to the governor say.

Read more: http://triblive.com/politics/politicalheadlines/6417907-74/budget-corbett-million#ixzz374DaIuxQ

 



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Economic News
Gov. Corbett signs Pennsylvania state budget, vetoes legislative funding
Monday, July 14, 2014 (1224 reads)


Intraparty warring among Republicans broke out on Thursday when Gov. Tom Corbett signed a $29.1 billion budget but vetoed 20 percent of the GOP-dominated legislature's operating budget, intending to pressure lawmakers to rein in state and school pension costs.

Read more: http://triblive.com/state/pennsylvania/6424445-74/budget-corbett-state#ixzz37SpDc2bj

 



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Economic News
Moody's downgrades Pa. rating; Corbett ponders pension reform session
Tuesday, July 22, 2014 (1142 reads)


Relaxed and confident despite sagging poll numbers and a bruising budget battle with the General Assembly, Pennsylvania Gov. Tom Corbett said Monday he is weighing whether to call lawmakers back to Harrisburg for a special session on pension reform.

Read more: http://triblive.com/news/adminpage/6467837-74/budget-pennsylvania-pension#ixzz38CiRxHlh

 



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Economic News
Pennsylvania Commission for Women and NAWBO PA Announce Business Plan Competition for Women Business Owners
Tuesday, July 29, 2014 (1095 reads)


 The Pennsylvania Commission for Women and the Pennsylvania Chapters of the National Association of Women Business Owners (NAWBO) today announced a Business Plan Competition for women business owners in Pennsylvania.  The competition will showcase emerging businesses and will celebrate female entrepreneurship.

http://news.yahoo.com/pennsylvania-commission-women-nawbo-pa-announce-business-plan-185000141.html



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Economic News
Hotels, restaurants lead job additions in Pittsburgh region
Wednesday, July 30, 2014 (1217 reads)


Retailers, hotels and restaurants continue to lead job gains in the Pittsburgh area, a sign that consumers are feeling confident enough to spend money on entertainment.

Read more: http://triblive.com/business/headlines/6524146-74/jobs-june-pittsburgh#ixzz38xDW8bdv

 



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Economic News
Market in neutral, awaiting economic news
Wednesday, July 30, 2014 (1094 reads)


On Wednesday, the government will release its look at economic growth in the spring quarter, and the Federal Reserve will finish a two-day meeting. The next day, a report on China's manufacturing industry will give investors an update on the health of the world's factory floor.

Read more: http://triblive.com/business/headlines/6526205-74/percent-earnings-quarter#ixzz38xEiz2oa

 



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Economic News
Corbett rallies coal supporters against new EPA regs
Thursday, July 31, 2014 (1311 reads)


The Environmental Protection Agency’s proposed emissions standards for coal-fired power plants are unfeasible and ultimately will cost the country jobs, two state governors and a lieutenant governor said Wednesday morning.

http://www.bizjournals.com/pittsburgh/blog/energy/2014/07/corbett-rallies-coal-supporters-against-new-epa.html?ana=e_du_pub&s=article_du&ed=2014-07-30&u=xzuEt4DEb4S59/ZMaW4ZX6aGlWG&t=1406813913



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Economic News
U.S. Steel to add jobs at Munhall R&D facility
Thursday, August 7, 2014 (1519 reads)


United States Steel Corp. has largely been in cutting mode through its Carnegie Way initiative, but now the company is looking to increase its investment in research and development, including more jobs at its Research and Technology Center in Munhall.

http://www.bizjournals.com/pittsburgh/blog/innovation/2014/07/u-s-steel-to-add-jobs-at-munhall-r-d-facility.html?ana=e_du_pub&s=article_du&ed=2014-07-30&u=xzuEt4DEb4S59/ZMaW4ZX6aGlWG&t=1407423461



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Economic News
Sale date for Monsour Medical Center in Jeannette finalized by court
Wednesday, September 3, 2014 (1075 reads)


Monsour Medical Center and its adjacent properties could be in the hands of the county by late October. Westmoreland County Judge Anthony Marsili on Wednesday set an Oct. 24 free-and-clear sale date for the abandoned Jeannette properties.


 



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Economic News
WCCC opens Advanced Technology Center
Friday, September 5, 2014 (1298 reads)


Westmoreland County Community College will hold a dedication and ribbon-cutting ceremony Friday to officially open its Advanced Technology Center.



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Economic News
Seton Hill 'tops off' new dance center with ceremony
Friday, September 12, 2014 (1171 reads)


Seton Hill University celebrated a construction milestone on Thursday with a beam-signing ceremony for the college's $11 million Dance and Visual Arts Center.

 



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Economic News
WCCC plans $63M upgrade of main buildings on Youngwood campus
Friday, September 12, 2014 (1150 reads)


Westmoreland County Community College could break ground next year on a $63 million project to renovate and upgrade three buildings on its main campus near Youngwood.

 



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Economic News
Western Pa. unemployment rate holds steady in August
Tuesday, September 30, 2014 (1174 reads)


The Pittsburgh region's unemployment rate held steady in August at 5.3 percent.  Read More

 



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Economic News
Second phase of Westmoreland Airpark in Unity opens
Wednesday, October 22, 2014 (988 reads)


The second phase of the industrial park near Arnold Palmer Regional Airport in Unity is ready to be marketed by Westmoreland County officials. 

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Economic News
Razing of Monsour Medical Center in Jeannette within reach with $1M grant
Thursday, October 30, 2014 (994 reads)


Monsour Medical Center, the abandoned hospital building that towers over Route 30 in Jeannette, could be torn down by next summer, Westmoreland County officials said Wednesday upon receiving a $1 million state grant for the work.

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Economic News
Evankovich brings home third term in 54th District in the state House
Wednesday, November 5, 2014 (1015 reads)


Voters in the newly drawn 54th District in the state House encountered a ballot rematch between the Republican incumbent, Eli Evankovich, and former Kiski Area School Board member Patrick Leyland.

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Economic News
Petrarca re-elected to 7th term
Wednesday, November 5, 2014 (1086 reads)


Democratic state Rep. Joseph Petrarca was elected to his seventh term serving the 55th Legislative District.

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Economic News
Krieger wins state representative spot in 57th District
Wednesday, November 5, 2014 (1193 reads)


Rep. Tim Krieger, R-Delmont, won a fourth term with 69 percent of the vote to Greensburg Democratic challenger Donna McClelland's 31 percent.

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Economic News
Incumbent Harhai captures 58th District state House seat
Wednesday, November 5, 2014 (1180 reads)


Incumbent R. Ted Harhai narrowly defeated challenger Tom Logan by 323 votes to retain control of the 58th District state House seat, according to unofficial election returns.

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Economic News
We can do great things ... Let’s get started,' Governor-elect Wolf tells Pennsylvania voters
Wednesday, November 5, 2014 (1173 reads)


Tom Wolf trounced Gov. Tom Corbett Tuesday after a campaign in which the Democrat promised to restore funding to public education, extract more revenue from the state's natural gas fields and restructure the state's personal income tax. 

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Economic News
Incumbents prevail in Western Pennsylvania races for U.S. House
Wednesday, November 5, 2014 (1250 reads)


Western Pennsylvania's five congressmen easily won re-election Tuesday, with three incumbents trouncing challengers and the others facing no opposition.

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Economic News
Wolf names Allegheny County development chief to lead state's DCED
Tuesday, January 6, 2015 (1214 reads)


Gov.-elect Tom Wolf has tapped longtime Allegheny County director of economic development Dennis Davin to be secretary of the Department of Community and Economic Development, a position that helps to steer state investment statewide.  Read More



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Economic News
2014: Best year for job growth since 1999
Friday, January 9, 2015 (1802 reads)


More than 2.95 million jobs were created last year, according to the latest figures from the Department of Labor. It's encouraging news as the U.S. tries to put the Great Recession and sluggish recovery solidly behind it. Many economists expect 2015 to be equally as strong, if not better, for job seekers.  Read More


 



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Economic News
Pittsburgh region unemployment, jobs dip in December
Wednesday, February 4, 2015 (2220 reads)


The unemployment rate for the seven-county metropolitan area fell to 4.6 percent in December, its lowest level since January 2008, the state Department of Labor & Industry reported Tuesday. 

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Economic News
Land bank peps up Westmoreland community with initial sale
Thursday, February 26, 2015 (3561 reads)


The Westmoreland County Land Bank recently made its first sale — two vacant lots that a West Newton church intends to convert into parking lots — and is close to a deal to sell parcels in Mt. Pleasant Township, the program director said.

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Economic News
State senator urges rejecting bids for former state prison site near Greensburg
Thursday, February 26, 2015 (3294 reads)


Fueled by what she terms a long list of troubling, unanswered questions surrounding the sale of the former state prison near Greensburg, a Westmoreland County lawmaker is asking state officials to reject all bids for the facility.

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