Listen to archived shows on demand right now

Summer Spectacular Ticket Giveaway 2014

Latest News

Slow Recession Recovery Predicted

univestUnivest Economist Gary Wolfer says the economy has had six consecutive quarters of positive growth, but recovery is slow compared to previous recessions. “For example, the amount of unemployment that occurred during this last Great Recession is in excess of every postwar recession that we’ve had.  This is not your standard garden variety recession.  This really took a toll, specifically on workers in the construction industry.  Those jobs I don’t think are coming back.”

He says he’s projecting Gross Domestic Product growth of 3.5 percent or better this year, but it’s unlikely the unemployment rate will drop below 9 percent, and the long-term jobless will need re-training.  Certified Financial Planner George Toth of Chestnut Investment Advisory in Montgomery County says he agrees that long-term unemployment is a big part of the problem.

“When you have Unemployment Compensation out over two years, and you have more people retiring at 62 and more people going out on disability, I think the damage to the workforce because of this is significant.  I have no clue about the efficacy of re-training because that’s a function of desire and a function of demand.”

Economist Wolfer says the economy is shifting from recovery to expansion, but it will take time.

“In fact we’re nowhere near working it off now because we’re not in a job creation phase of that recovery.  I feel that right now there’s not enough credit out there.  Credit is just not being created.  It’s not a matter of interest rates.”

He says unemployment is still very high, and companies are not yet ready to start borrowing and hiring, so it could be another two years before the economy is back on track.  Financial Planner Toth says smaller companies, with anywhere from a few employees to a few hundred, need to see some sales down the road before they start borrowing and hiring.

“Their demands for credit are a function of demands for their products and services, so if there’s no demand for credit that’s not surprising because there’s no demand for the end products of those companies that are employing people.”

Toth says companies are hiring, but only a few people here and there.  He and Wolfer appeared Tuesday on a special edition of the WNPV talk program “Comment Please by Univest,” looking ahead at the economy in the New Year.
WNPV AM 1440 Know a great local musician/band who would like some radio airtime? August is Music Month on Buxmont Live Radio, and I'm looking for musicians to come into WNPV AM 1440 in Lansdale to record an interview and in-studio performance. You get: Interview, exposure and an MP3 you can share. Rules: You have to be able to come to the studio on Thursday at 2PM on one of these dates: 8/7, 8/21 or 8/28. No other dates or times work because our engineer gets paid for this time slot. First come, first considered. Email me at jr@buxmontlive.com with the following: Your name and the names of your bandmates (solo is also okay) Three MP3s that we can sample (preferred, we'll also accept Youtube address and Reverbnation) Which dates you can appear (flexibility works in your favor) I'd like to wrap this up by Monday. Thanks and good luck. Questions? -> John Ralston jr@buxmontlive.com
WNPV AM 1440 Ray Masser's photos from WNPV's Summer Spectacular Ticket Giveaway at Cardinal Camera in Quakertown on Saturday, July 26, 2014.
Southwest Trading Post I just heard our ad via internet radio. Sounds good!
WNPV AM 1440 WNPV's website hasn't been updated yet but the next Summer Spectacular Ticket Giveaway will take place on Tuesday, August 5, 2014, at 6 PM, at Rann Pharmacy, 377 Main Street, Harleysville. The rules on the website remain the same so look them up and then come out to win your share of $4,000 in prizes!
WNPV AM 1440 Saturday morning was a beautiful time for WNPV's Summer Spectacular Ticket Giveaway at Cardinal Camera in Quakertown! We gave away over $4,000 in prizes including three Grand Prizes of family 4-packs of tickets to Knoebel's Amusement Park in Elysburg. Saturday's Grand Prize winners were: Philip Schanz of Lansdale, Elaine Waters of Horsham, and Gloria Woodland of Lansdale. Maybe you'll win the Grand Prize at our next one!
WNPV AM 1440 Did you miss this week's "Regarding Your Money" show with George Toth? If so, you MUST tune in to "Chestnut Investment Attitudes" on Saturday at 9:10 AM! George has a very special guest, Michael Morsch, and they discuss the music of the 1970s! A very different show than usual ... so be sure to check it out at 1440 AM!

Listen Live

Full Programming Schedule

Internet Radio or Windows Media Player

TuneIn-2    or    Windows-mps-2

 

EEO Report

Get In Touch

Address: 1210 Snyder Road
Lansdale, PA 19446

Phone: (215) 855-8211

Phone: (215) 723-2116