Nutter says economy is “starting to turn a corner”

    WHYY’s Tom MacDonald brings us this update from Mayor Michael Nutter’s luncheon with the Chamber of Commerce:

    “Mayor Michael Nutter spoke to the chamber of commerce at their annual luncheon saying the city is ‘starting to turn a corner’ and emerging from the tough economic times.

    The mayor says investment is starting to flow and the city is on the rise and the way back.  The speech is part of what the city is calling ‘Jobs Week.’ It has featured announcements of the expansion of Urban Outfitters at the Navy Yard and the retention of Glaxo Smith Kline, which keeps 1,300 more jobs in town.

    The mayor did call for more diversity and joint ventures with majority companies to employ more minorities in the city.”

    Tom will have the full report later.

    Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

    It will take 126,000 members this year for great news and programs to thrive. Help us get to 100% of the goal.