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US Economy Looks Grim, Philly Fed Study Finds

PYMNTS

“Nonmanufacturing firms reported a significant weakening in regional nonmanufacturing activity this month,” researchers wrote, noting that the survey’s indexes for general activity, new orders and more “all fell sharply and into negative territory this month, coinciding with developments related to the coronavirus.”.

Study 100
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Firms Saw New Orders Plummet To Record Low As US Economy Staggers From Virus

PYMNTS

“Nonmanufacturing firms reported a significant weakening in regional nonmanufacturing activity this month,” researchers wrote, noting that the survey’s indexes for general activity, new orders and more “all fell sharply and into negative territory this month, coinciding with developments related to the coronavirus.”.

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Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. It was a northbound terminus of the Delaware, Lackawanna and Western Railroad (DL&W) used to move coal northward that was being mined in Lackawanna and Luzerne Counties.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. In 2016, it employed 8% more US workers than the previous year in order to meet demand. Even today, interest in kombucha is mostly concentrated in coastal regions, especially in the Pacific Northwest.