Garden State Radio – Open Billboard for July 21, 2010

Rutgers Holds Third Quarter's Quarterly Business Outlook in Cherry Hill, 7/20/2010
Cherry Hill, New Jersey, USA - Tuesday July 20, 2010: Rutgers University School of Business at Camden held its Quarterly Business Outlook at the Crowne Plaza Hotel. Panelists posing before the program, were (from left): George Sowa, executive vice president and senior managing director, Brandywine Realty Trust; Peter Spirgel, managing partner of Flaster/Greenberg, the presenting sponsor for the Outlook; Maxine Ballen, president and CEO of the New Jersey Technology Council; Luke A. Tilley, regional economic adviser, Federal Reserve Bank of Philadelphia; Deborah DiLorenzo, president and CEO, Chamber of Commerce of Southern New Jersey; Rayman Solomon, acting executive dean, Rutgers-Camden School of Business, moderating his last Quarterly Business Outlook; and Greg Charbeneau, vice president and executive director, Adventure Aquarium, Camden. Photography Copyright ©2010 Steven L. Lubetkin All Rights Reserved

Rutgers University Camden hosted its Quarterly Business Outlook panel in Cherry Hill on July 20. Four panelists from different industry sectors gave their views on the economy.

Panelists were:

Luke Tilley
Regional Economist
Federal Reserve Bank of Philadelphia

Maxine Ballen
President & CEO
New Jersey Technology Council

George Sowa
Executive VP and Senior Managing Director
Brandywine Realty Trust

Greg Charbeneau
Vice President and Executive Director
Adventure Aquarium

These Garden State Radio audio actualities are fully cleared for broadcast use. Please send usage reports to: steve@gardenstateradio.com.

Rutgers QBO Actualities

Luke Tilley
Regional Economist
Federal Reserve Bank of Philadelphia

Tilley1: Outlook is for growth going forward in activity and employment.

[00:25] OUTCUE: …coming forward

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Tilley2: The credit situation remains difficult for banks and for borrowers.

[00:29] OUTCUE: …economic activity

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Maxine Ballen
President & CEO
New Jersey Technology Council

Ballen1: She sees light at the end of the tunnel for technology companies in New Jersey

[00:22] OUTCUE: …past couple months.

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George Sowa
Executive VP and Senior Managing Director
Brandywine Realty Trust

Sowa1: The commercial real estate industry is starting to stabilize.

[00:09] OUTCUE: …within the industry

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Sowa2:  Smaller borrowers are still having a hard time getting credit.

[00:17] OUTCUE: …in particular.

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Sowa3: Confidence in the outlook means tenants are looking for longer leases in commercial buildings.

[00:23] OUTCUE: …in some sectors.

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Greg Charbeneau
Vice President and Executive Director
Adventure Aquarium

Charbeneau1: People need to have cultural and recreational activities and will be looking for more cost-effective options for family vacations.

[00:29] OUTCUE: …how they go about doing things.

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Charbeneau2: Travel and tourism industry will remain strong, and business travellers will be a leading indicator of economic recovery.

[00:33] OUTCUE: … especially in 2011.

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Thomas Morr
President and CEO
Select Greater Philadelphia

Mr. Morr attended the QBO and offered his perspectives on why the Delaware Valley region is attractive for businesses considering relocation.

Morr1: This region has a lot of positive factors that companies should consider

[00:25] OUTCUE: …about the future.

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Morr2: Morr describes the kinds of industries that flourish in the Philadelphia region.

[00:22] OUTCUE…to do business.

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Morr3:  Morr explains why companies should want to be in the Northeast.

[00:35] OUTCUE: …in annual economic output.

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Garden State Radio is a news service of Professional Podcasts LLC, Cherry Hill, NJ.


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