Joel L. Naroff, For The Inquirer

Joel L. Naroff is the president and founder of Naroff Economic Advisors, a strategic economic consulting firm in Bucks County. He advises companies across the country on the risks and opportunities that economic developments may have on the organization's operating environment.

Latest Stories

Economist Joel Naroff predicts the 2021 economy, citing the potential for the good, the bad and the ugly

The most important concern is controlling the out-of-control virus. We cannot get back to normal until that happens.

Taxes, income inequality, and energy on Biden’s economic agenda, but his plans depend on Congress

Biden would reverse some of Trump's economic policies, but will only be able to do so if Democrats control Congress.


Here’s how the economy has fared under Trump and what he and Biden plan to do about it

Here's how jobs and GDP fared under Trump compared to the later Obama-Biden years and what both candidates are saying about the next four years.

Why Trump’s payroll tax deferral won’t aid the recovery, but could help cripple Social Security

The logical thing is to just not participate in the tax deferral program. That's so companies don't get stuck with the bill.

Reopening schools amid COVID-19 is hugely complex and perilous. Are school board members up to the task?

School board members are being asked to make complex school reopening decisions for which most are not prepared. All the while, a resurgence in COVID-19 could take lives and devastate the economy.

How the coronavirus threatens everything from high-rise buildings and condos to retail and SEPTA in Philadelphia

Even if a vaccine is perfected, the virus is likely to have lasting impacts on dense cities like Philadelphia, especially its high-rise buildings, eateries, retailers, mass transit, colleges, and local governments.


Why the May job numbers were wrong and how to read economic data in the coronavirus era

The feds misclassified some responses to the jobless surveys, which led to a huge undercount of those out of work, understating the unemployment rate. The May rate should have been about 16.3% not the 13.3% reported. One response is to seek info from a variety of sources.

Where Congress’ massive bailout of the economy went wrong and how it could be fixed

Congress and the administration could have done a lot better and it would not have taken much thought.


What might the post-coronavirus economic recovery look like? It’s complicated

A lot of economists are struggling with that question. There are a lot of variables, but not a lot of certainty.