ARTICLE
ALLENTOWN, Pa. - Optimistic. That's the word used to describe the economic outlook of the Lehigh Valley. In the latest quarterly survey led by Kamran Afshar, President of KAA Inc. and sponsored by the Greater Lehigh Valley Chamber of Commerce, over 200 businesses were asked where they're at and where they plan to be in the next six months. Right now, the index is at 62.4 percent, the highest level since April 2007. "We observed that businesses in the Lehigh Valley have raised the amount they are planning to spend by 17 percent from year to year in the next six months and that is a significant increase in purchasing plans for the next six months,” said Afshar. Tony Iannelli, President of the Greater Lehigh Valley Chamber of Commerce said he thinks dramatic changes in Allentown and other local projects are partly to thank for all the optimism. Click here to read the article.
ALLENTOWN, Pa. -
Optimistic.
That's the word used to describe the economic outlook of the Lehigh Valley.
In the latest quarterly survey led by Kamran Afshar, President of KAA Inc. and sponsored by the Greater Lehigh Valley Chamber of Commerce, over 200 businesses were asked where they're at and where they plan to be in the next six months.
Right now, the index is at 62.4 percent, the highest level since April 2007.
"We observed that businesses in the Lehigh Valley have raised the amount they are planning to spend by 17 percent from year to year in the next six months and that is a significant increase in purchasing plans for the next six months,” said Afshar.
Tony Iannelli, President of the Greater Lehigh Valley Chamber of Commerce said he thinks dramatic changes in Allentown and other local projects are partly to thank for all the optimism.
Click here to read the article.