Economic advisor Dr. Luke Tilley told Kutztown area business owners that the economic news has improved over the past year.

A regional economic advisor with the Federal Reserve Bank of Philadelphia, Tilley recently presented the Economic Outlook for 2013. This was his third time being asked by the Northeast Berks Chamber of Commerce to present the annual fiscal outlook.

“The economy is in better shape than we were a year ago when I spoke to your group,” said Tilley.