Thursday, September 24, 2009

Daily Briefing, 9/24/2009

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

In Bethlehem, the Sands Casino sees table games (which are part of the agreed upon state budget deal) coming to the casino by April.  The casino will also add 250 more slot machines.  Also in Bethlehem, the Bethlehem Area School board voted to refinance $55 million in bonds, costing the district $4.5 million, as a way of dealing with earlier bond swap dealings.  In Allentown, anecdotal evidence shows that many are still looking for work - 5,287 attended a CareerLink Lehigh Valley job fair. 

In state-wide news, although a budget deal has been agreed to in principle, the specifics haven't yet been determined and opposition is beginning to form against elements of the deal.  Small games of chance, like small bingo games, will be taxed in the deal, and small clubs are afraid of the repercussions of the tax.

In national news, the federal reserve sees the economy recovering, and as such, will begin to slow its purchases of mortgages.  President Obama and the rest of the G-20 leaders are in Pittsburgh today for the G-20 summit.  Along that vein, CNNMoney runs a story on how the top six countries in the world are recovering from the recession.

Another busy day for the Chamber, as we have three events today: a mixer at ServPro of Western Lehigh County, a TRACC breakfast aboard a boat, the Josiah White II (hey, that's new!) and an event on state certification for women and minority businesses.

Have a great day!  We should be back at least once later.

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