Happy Holidays from DSCC

Issue 4.51

December 21, 2018

January 7, 2019

4:45 - 8:30 p.m.

Chase Center on the Riverfront

From the President

The Delaware Economic and Financial Advisory Council (DEFAC) will have their December meeting this week. Traditionally this meeting produces the forecast on which the Governor will finalize his recommended budget, to be presented to the General Assembly in late January.

Legislative Priority

The Delaware Economic and Financial Advisory Council (DEFAC) issued its December forecast on Wednesday afternoon. The December forecast is what Governor Carney will use when finalizing his recommended budget, to be released on January 4th. For the first time, his budget will utilize portions of the budget smoothing process, a legislative proposal that failed last year, but was issued in part via Executive Order.

Small Business Owners:

Make Your Voice Heard!

Take the Federal Reserve Banks’ annual Small Business Credit Survey to provide timely insights on small business conditions to policymakers, service providers, and lenders.

Take the Survey Now

Delaware Banks Teach Children the Importance of Saving

by Sarah Long

A financially savvy population is vital to the health and prosperity of the State of Delaware and its local communities. And, the best time to instill a lifelong savings habit is at a young age. That’s why for over 20 years the financial services industry has conducted its annual Teach Children to Save Day.

Keeping Banking Personal

by Katie Wilkinson

Southern Delaware is a magnet for families on summer vacation, many of whom are seeking a reprieve from the hustle and bustle of their everyday lives. The appeal of pristine beaches, boardwalks, bike trails, bird watching and boating have kept visitors returning for generations. Many of these return visitors eventually find their way back during retirement, making our beach towns their yearround residences.