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Mauch Chunk Trust Offers Economic Outlook 2021

Bringing People and Business Together

Carbon Chamber and Economic Development Corporation
137 South Street | Lehighton, PA 18235
Phone: 610.379.5000

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FOR IMMEDIATE RELEASE        Contact:  Alice Wanamaker 484-274-2080
Mauch Chunk Trust Offers Economic Outlook 2021
Lehighton, PA – September 24, 2020 – The Mauch Chunk Trust Company will be offering an Economic Outlook Virtual Presentation on October 6, 2020. The presentation will be held online over Zoom.
This event is co-sponsored by the Carbon Chamber and Economic Development, The Greater Lehigh Valley Chamber of Commerce, The Tamaqua Area Chamber of Commerce along with PPL Electric Utilities Corporation. Welcoming and Opening Remarks will begin at 8:30-8:45am and Dr. Seifried will speak from 8:45-10am.
Dr. Edmond J. Seifried – Co-chairman of Seifried & Brew, Executive Director of the Sheshunoff Affiliation Program, and Professor Emeritus of Economics and Business at Lafayette College will be the featured guest speaker. His presentation will tackle the most difficult question facing macroeconomic economists today. The National Bureau of Economic Research (NBER) is the official arbiter of the beginning and ending dates of all US recession. Earlier this year, they declared February 2020 was the beginning of the current recession. The hard question is to forecast when it will end! An ancillary question is what shape will the recession take on: a “V”, “W”, “U”, “L”, or a hybrid shape like the Nike swoosh? The answer to this question should be very interesting to all business leaders.
By providing the opportunity for communication and education, the Mauch Chunk Trust Company seeks to help community members better maneuver these difficult economic times and the ever-changing economy. “Dr. Ed is always insightful.  He is not your usual economist in that he presents complicated topics in a clear and understandable message; you leave with practical and usable information, “stated Patrick Reilly, CEO and President of Mauch Chunk Trust Company.    
Attendees can register for the Economic Outlook on the Carbon Chamber and Economic Development’s website here: or by calling the office at 610-379-5000. Please RVSP by October 2, 2020. Zoom link for the presentation will be sent out to all registered attendees 24-48 hours prior to the event. For more information or attendance inquiries, please contact the Carbon Chamber and Economic Development at 610-379-5000 or visit our website at
About Mauch Chunk Trust Company:   Incorporated in 1902, Mauch Chunk Trust is the successor institution to the Second National Bank of Mauch Chunk established in 1864.  Mauch Chunk Trust is an independent community bank with its main office located at 1111 North St., Jim Thorpe, Carbon County, PA.  Mauch Chunk Trust operates eight (8) banking offices, including six in Carbon County and in two in Schuylkill County, PA.

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