Monday, June 24, 2013

Business News in the Lehigh Valley - June 24, 2013

Good morning Lehigh Valley! We hope you had a great weekend and started the summer off on the right foot. It's going to be a hot week in our corner of the world, with most day's high temp around 90 degrees.

The state unemployment rate dropped slightly in May for the fourth consecutive month, according to the Pennsylvania Department of Labor & Industry. May’s 0.1% improvement to 7.5% puts Pennsylvania below the national average for the first time since July 2012. The national average is now just higher at 7.6%.

The Allentown Chamber of Commerce has named its new board president, Lehigh Valley Grand Prix partner Mike McCreary. McCreary, just 29, will be the youngest board chair of any of the Chambers in the Lehigh Valley's history. "The main goal this year is to strengthen the partnerships we have in the city, including the City of Allentown, Hamilton District Main Street Program, West End Alliance and the Seventh Street program," McCreary said.

The City of Allentown’s future arena complex is in receipt of a 2013 Commonwealth Award from 10,000 Friends of Pennsylvania, the state’s leading advocate for responsible land use. Mayor Ed Pawlowski accepted the award last night at a ceremony at the Crowne Plaza in Harrisburg.

Two different restaurateurs that have found success in downtown Bethlehem are soon to open new locations just a few blocks away on Linden Street. Billy Kounoupis, owner of Billy's Downtown Diner, is opening a his "Bethlehem Burger Bar" on the 600 block of Linden Street, at the current location of "Theo's Gyros & More."  Nino Basile, owner of Mama Nina’s Foccacheria, will be opening his new restaurant Pane E Pasta on the 700 block of Linden. The menu items will be similar to Mama Nina's, with pizza, subs & burgers for takeout. Who knows... maybe we'll see a new restaurant row on Linden Street soon? There are already two other great establishments close by, with Mach's Gute, Flama Tropical and Hometown Heroes right along the way.

That's all for now, follow us on twitter and facebook for more business news updates throughout the day!

No comments: