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The John Batchelor Show

42: Local Economies: Unexpected Closures and Steady Growth Guest: Jim McTague Jim McTague reports on unusual economic fault lines in Lancaster County, Pennsylvania, where a manufacturer and two restaurant chains closed due to slow business, though a major eco

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 1 November 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Local Economies: Unexpected Closures and Steady Growth Guest: Jim McTague Jim McTague reports on unusual economic fault lines in Lancaster County, Pennsylvania, where a manufacturer and two restaurant chains closed due to slow business, though a major economic collapse is not imminent. Travel remained busy, and RV manufacturing appears undiminished despite economic headwinds. In Indiana, business was steady and resilient. McTague highlighted the entrepreneurial success of a Hobart, Indiana, family who transformed a one-hundred-acre apple farm into a major tourist attraction, generating significant revenue through simple, family-friendly activities and demonstrating creative economic adaptation.
2920 AK


Transcript

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0:00.0

This is CBS Eye on the World.

0:08.5

Here's John Batchelor.

0:11.8

This is CBSI on the world.

0:13.8

I'm John Batchelor to Jim McTague,

0:15.9

former Washington editor of Barron's Magazine,

0:18.7

now a novelist in Lancaster County,

0:20.4

and moving from Lancaster

0:22.4

County to Indiana. And along the way, we hear about our economy and how it's doing in practice,

0:29.3

not the way we want it to be, the way it is. Jim, I begin in Lancaster County. Unusually,

0:35.5

you've had rosy reports about the product list in the county, now adding

0:40.8

data centers to the high end, to low-end, excellent corn that they give away for weeks in

0:48.5

September. However, you tell me that there's been unusual shutdowns this week. What's happened?

0:54.5

Good evening to you.

0:55.7

Good evening, John.

0:56.4

This month, October, you know, in the state of Pennsylvania, when you're going to lay

1:00.1

people off, you have to give a notice.

1:02.3

You have to give like 60 to 90 days notice.

1:05.8

Well, in October, for the first time in a whole year, Lancaster has had two restaurant chains and a manufacturer give notice in Effort of PA,

1:16.4

Morgan Truck Body, which has manufacturing locations all over the United States,

1:21.8

closed its effort of plant laying off 92 people, no reason given.

1:28.4

We have a local deli chain called Isaacs that is much loved in Lancaster County, some in New York

1:35.7

County.

...

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