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Colin McNickle: Higher office vacancy rates not confined to City of Pittsburgh - Vimarsana News

Colin McNickle: Higher office vacancy rates not confined to City of Pittsburgh

The City of Pittsburgh is not alone in its struggles with chronically high office vacancy rates. So, too, are Pittsburgh’s suburbs. And the same deleterious domino effect of the pandemic-fueled changed work habits, coupled with a lack of regular property assessments, could lead to the same serious challenges for suburban

Colin McNickle: The vicious cycle of Greater Pittsburgh's population loss - Vimarsana News

Colin McNickle: The vicious cycle of Greater Pittsburgh's population loss

Pittsburgh cannot thrive without a growing population, concludes an analysis by the Allegheny Institute for Public Policy. “As population falls, so does the number of people available for the labor force,” says Frank Gamrat, executive director the Pittsburgh think tank. “Without a growing and strong labor force, the economy is

Pennsylvania's Gambling Industry Is Facing Two Huge Nemesis - Vimarsana News

Pennsylvania's Gambling Industry Is Facing Two Huge Nemesis

Skill games and a declining population could soon see gambling figures across the Keystone State reach a saturation port, the economist warned.

Colin McNickle: Behind Pa.'s 2023 gambling numbers - Vimarsana News

Colin McNickle: Behind Pa.'s 2023 gambling numbers

Pennsylvania’s gambling revenues reached nearly $5.7 billion by the end of 2023. It’s the highest yearly total to date, up 9.3% from 2022. And taxes on that gambling brought in $2.3 billion in 2023, up 10% from $2.12 billion in 2022. But a researcher at the Allegheny Institute for Public

Colin McNickle: A textbook case for regular property reassessments - Vimarsana News

Colin McNickle: A textbook case for regular property reassessments

The dominos of government nonfeasance have begun to fall in Pittsburgh and Allegheny County. And the economic fallout could be catastrophic, says a researcher at the Allegheny Institute for Public Policy. “This situation underscores the importance of regular property assessments,” says Frank Gamrat, executive director of the Pittsburgh think tank.