Thursday, August 13, 2009

Daily Briefing, 8/13/2009

Good morning everyone! Here is today's Daily Briefing.

In the Saucon Valley, teachers rejected the school board's most recent and final offer for a pay hike - leading to the possibility of a teacher strike. In Lehigh County, County Commissioners went through their first reading of the proposed five-year, $76 million capital plan. The plan calls for $16.5 million in spending over the next year. Statistics released by the Lehigh Valley Association of Realtors yesterday showed good and bad news for the regions housing market - sales are up but prices are down. In Allentown, the public gets an opportunity to provide input about a controversial park expansion at Cedar Beach park tonight. And with no state budget, WFMZ takes a look at how the lack of funding is affecting other local agencies, such as food banks.

In state-wide news, the Morning Call reports on conflicting studies that indicate that the legalization of table games can potentially be a huge boom or massive bust for casinos in Pennsylvania. A new Senate polls shows that Senator Arlen Specter has a 13% lead over Congressman Joe Sestak in the fight for the Democratic Senate nomination.

Despite the relative good news that we have heard about the economy for the past few weeks, a new survey shows that we aren't there yet: there was a record number of foreclosures last month. But, there was great news for Germany and France - to everyone's surprise, the recession ended in those countries, as both showed growth over the 2nd quarter.

We have one Chamber event today: a ribbon cutting at Priority Care of Emrick.

And that's it! Have a great day!

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