Updates
News Update – 8-9-22
In the news… Many in southeastern PA are feeling the rising crime creeping into the suburbs of Philadelphia. We see the stories on the local news about new assaults, shootings, robberies, etc. everyday. We want to believe that it only…
Weekly Update – 8-16-22
Weekly Update It seems there are some conflicting reports in our federal government. You see, the White House Press Secretary, as well as President Biden, reported 0% inflation in July. However, the Bureau of Labor Statistics (BLS) clearly reported the July Consumer Price Index at 8.5% inflation.
News Update – 8-12-22
In the news… Many have heard about Critical Race Theory (CRT), but what is it exactly? CRT is described by Britannica as an intellectual and social movement that is based on the premise that race is a cultural construct, not a biological or physical feature, that is used…
Weekly Update – 8-9-22
Weekly Update Recently, the KFBP Board spoke with small business owners who are increasingly worried about sales numbers, filling current job openings, and profit margins. According to the National Federation of Independent Business (NFIB), the Small Business Optimism Index decreased below 98, the 48-year average, for six consecutive…
News Update – 8-5-22
In the news… The U.S. Strategic Petroleum Reserve (SPR) holds 475 million barrels of oil which is the lowest level since 1985. This is a result of the release of 7 million barrels of oil each week which began in March and will continue for six months. Additionally,…
Weekly Update – 8-2-22
Weekly Update Recently, the KFBP Board met with experts involved with insuring votes are secure, elections are fairly organized, and election processes are completed according to the law. The goal of these analysts and programmers was to understand what happened in the 2020 election that caused the…
News Update – 7-29-22
In the news… The US Gross Domestic Product (GDP) declined for the second straight quarter, which many think signals that our economy is either in recession or headed there. When economists expect the economy to grow by 0.3% but the Commerce Department data shows the economy contracting by…