Preview: Colleague Jim McTague Reports on Mixed Economic Signals from Lancaster County PA: Strong Consumer Confidence but Job Market Hesitation. More Tonight.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 24 January 2025
⏱️ 2 minutes
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q942: Lancaster PA
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| 0:00.0 | This is John Batchel. Colleague, Jim McTag, formerly of Barron's Washington editor, visited the Hallmark |
| 0:07.0 | Store in Lancaster County. Big business over the holidays and continuing. Big business at the |
| 0:13.0 | Hallmark Store. Jim reports very carefully. He then attaches this to seeing a sign saying part-time work, part-time work offered, part-time |
| 0:25.3 | employment offered, part-time employees sought. And he interprets that as a hesitation in the |
| 0:34.1 | economy. So paradox, lots of spending, but part-time work, not full-time work. Here's |
| 0:39.9 | Jim McTagg. More of this tonight. It is. I talked to the manager. She said they had a fabulous |
| 0:47.9 | Christmas season, and she said, surprisingly, because we had four inches of snow up here in Lancaster, and we |
| 0:55.2 | have the frigid temperatures, which you would think would keep a lot of people indoors, |
| 1:00.6 | a business looked pretty steady. |
| 1:04.9 | People were constantly entering and leaving the store. |
| 1:08.7 | It didn't become packed, but there was a flow. |
| 1:13.6 | So it tells me that the economy is still strong, |
| 1:18.6 | although I see signs of weak employment in the help wanted signs. |
| 1:24.1 | Today, for the first time in memory, |
| 1:26.9 | I saw a sign on the door of a giant supermarket that said, |
| 1:31.6 | part-time help wanted, not full-time. Three, four, five months ago, there were help-wanted signs on |
| 1:40.2 | almost every establishment in the county. Those days are over. |
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