Two leading business figures in South Jersey will give their outlook for this year’s economy at chamber events in Ocean City and Vineland.

Steven Brady, president of Ocean City Home Bank, will offer his economic forecast Thursday to the Ocean City Regional Chamber of Commerce.

In his forecast a year ago, the Upper Township executive correctly predicted the stock market would do well in 2012, that interest rates would remain low and the housing market would continue to grow only sluggishly. U.S. unemployment drifted down a little more than he expected.

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Brady has been offering an economic outlook to Ocean City businesses for 20 years, during which time it has grown in popularity, the chamber said

That same Thursday, David R. Kotok, chairman and chief investment officer of Cumberland Advisors in Vineland, will offer his economic outlook to the Greater Vineland Chamber of Commerce.

Kotok often appears on television financial news shows to talk about the municipal bond market, in which Cumberland has a significant portion of the more than $2 billion in assets it manages.

SBA resources

Small businesses, and those thinking of starting a business, can learn how the U.S. Small Business Administration can help them at a free seminar Thursday in Atlantic City.

Sheryl Paynter, economic development specialist with the SBA’s New Jersey District Office, will give a presentation on starting, maintaining or growing a business by using the resources and services of the federal Small Business Administration.

The event will be presented in cooperation with the Small Business Development Center at Richard Stockton College in the SBDC’s Carnegie Center.

Business editor Kevin Post


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