Jerome Powell joined local leaders and experts to discuss York County's economic redevelopment post-pandemic.
, visited York County to learn more about its economic redevelopment. As the county continues to recover from the impacts of COVID-19, Powell met with local leaders and business owners at the“What we all desire at the fed is a sustained period of strong labor market conditions,” Powell said.
Manufacturing continues to be York County’s top employer. However, local experts claim the industry is lacking investments in new technologies. “The record is also clear that we need price stability, price stability is just a critical piece of bedrock for the overall economy over the years,” Powell said.“In those terms, we did have to manage and move things around, add something and take other things away, but other than that it’s been a little bit of a hurdle to get through,” Diaz said.
“It feels like your plan enabled [York County] to come through COVID better than you otherwise would have, you actually had a plan in place and that’s what is very striking to me.”
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