News

Employers more concerned about Pennsylvania's economy

Written by Craig Rhodes and Radio Pennsylvania | Oct 10, 2015 8:52 AM
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(Harrisburg) -- According to a new survey many businesses are less than enthusiastic about the economy in Pennsylvania.

The 25th Annual Economic Survey from the PA Chamber of Business and Industry found that among 651 employers polled statewide, 48 percent rated the state's overall business climate as either excellent or good, down from 57 percent the year before.  Chamber VP of Government Affairs Sam Denisco says taxes are a big concern.

"What we're seeing in Harrisburg is very aggressive budget proposals from the (Wolf) administration, a severe increase in spending almost to the tune of over four billion dollars, closer to five billion dollars in new spending, and that's all predicated on increased taxes on Pennsylvania job creators," he said.

Another major worry for businesses is the cost of healthcare.    

 

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