Your Economy | Eastern North Carolina Now

Your Economy  

We make no presumption that we have a consistent understanding of the national economy, and more especially, its macro component. We do, however, have a natural affinity for our local economy.

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UNC President Margaret Spellings announced the University of North Carolina's Research Opportunities Initiative (UNC ROI) will provide three new grants worth a total of $6.2 million to teams from six universities in the UNC system
UNC President Margaret Spellings announced the University of North Carolina's Research Opportunities Initiative (UNC ROI) will provide three new grants worth a total of $6.2 million to teams from six universities in the UNC system
 
Students will soon be able to apply for the Cheatham-White Scholarship, a newly established merit-based scholarship program for incoming freshmen attending North Carolina Agricultural and Technical State University or North Carolina Central University beginning in the fall of 2018
Students will soon be able to apply for the Cheatham-White Scholarship, a newly established merit-based scholarship program for incoming freshmen attending North Carolina Agricultural and Technical State University or North Carolina Central University beginning in the fall of 2018
 
Please take notice that Ralph Strayhorn, Chair of the Golden LEAF Investment Committee, has called a special meeting of the Investment Committee for Monday, August 21, 2017, at 2 p.m.
Please take notice that Ralph Strayhorn, Chair of the Golden LEAF Investment Committee, has called a special meeting of the Investment Committee for Monday, August 21, 2017, at 2 p.m.
 
UNC system president Margaret Spellings released a statement following today's meeting of the UNC Board of Governors Committee on Educational Planning, Policies, and Programs
UNC system president Margaret Spellings released a statement following today's meeting of the UNC Board of Governors Committee on Educational Planning, Policies, and Programs
 
UNC system president Margaret Spellings announced Thursday that four recent UNC system graduates will serve as Presidential Scholars for the 2017-18 academic year
UNC system president Margaret Spellings announced Thursday that four recent UNC system graduates will serve as Presidential Scholars for the 2017-18 academic year
 
The Golden LEAF Foundation, which assists tobacco-dependent, economically distressed and rural communities across North Carolina, will hold a meeting of its Board of Directors on Thursday, August 3, 2017 at the Kimpton Cardinal Hotel in the Lexington Conference Room in Winston-Salem
The Golden LEAF Foundation, which assists tobacco-dependent, economically distressed and rural communities across North Carolina, will hold a meeting of its Board of Directors on Thursday, August 3, 2017 at the Kimpton Cardinal Hotel in the Lexington Conference Room in Winston-Salem
 
Johnson O. Akinleye, who has served as interim chancellor of North Carolina Central University since January 2017, has been elected to the position on a permanent basis by the Board of Governors of the 17-campus University of North Carolina
Johnson O. Akinleye, who has served as interim chancellor of North Carolina Central University since January 2017, has been elected to the position on a permanent basis by the Board of Governors of the 17-campus University of North Carolina
 
A bill was introduced in the state legislature to shift control of the state’s apprenticeship program from the Department of Commerce to the community college system
A bill was introduced in the state legislature to shift control of the state’s apprenticeship program from the Department of Commerce to the community college system
 
A common theme unifying recent debates about tax reform in North Carolina and in Washington is the idea that the punitive tax treatment of business investment is a bad idea
A common theme unifying recent debates about tax reform in North Carolina and in Washington is the idea that the punitive tax treatment of business investment is a bad idea
 
Governor Pat McCrory announced today that the state has accepted offers totaling $12.6 million for three properties as part of his Project Phoenix initiative to return underutilized state properties to more productive and efficient use
Governor Pat McCrory announced today that the state has accepted offers totaling $12.6 million for three properties as part of his Project Phoenix initiative to return underutilized state properties to more productive and efficient use
 
In a huge step forward for Governor Pat McCrory's Innovation to Jobs (I2J) initiative, the state has selected Hatteras Venture Partners to manage the state's $60 million Venture Capital Multiplier Fund.
In a huge step forward for Governor Pat McCrory's Innovation to Jobs (I2J) initiative, the state has selected Hatteras Venture Partners to manage the state's $60 million Venture Capital Multiplier Fund.
 
As a result of historic tax reform signed into law by Governor Pat McCrory, North Carolina's tax climate has improved to 11th, up from 44th in 2013, according to this year's State Business Tax Climate Index by the Tax Foundation.
As a result of historic tax reform signed into law by Governor Pat McCrory, North Carolina's tax climate has improved to 11th, up from 44th in 2013, according to this year's State Business Tax Climate Index by the Tax Foundation.
 
Governor Pat McCrory announced a new agreement signed today between the North Carolina Industrial Commission and the Wage and Hour Division of the United States Department of Labor (USDOL) that focuses on protecting the rights of workers and lawful businesses
Governor Pat McCrory announced a new agreement signed today between the North Carolina Industrial Commission and the Wage and Hour Division of the United States Department of Labor (USDOL) that focuses on protecting the rights of workers and lawful businesses
 
North Carolina's unemployment rate decreased below the national average to 4.7 percent in July
North Carolina's unemployment rate decreased below the national average to 4.7 percent in July
 
Today success requires possessing a skill set that is in demand.
 
The United States economy expanded at .2% for the first quarter, 2015, which is better than zero expansion in GDP (Gross Domestic Product), which is better than negative expansion, but not an economy that anyone should be proud of; certainly not the Obama Administration.
The United States economy expanded at .2% for the first quarter, 2015, which is better than zero expansion in GDP (Gross Domestic Product), which is better than negative expansion, but not an economy that anyone should be proud of; certainly not the Obama Administration.
 
A meeting was held in Edenton on Nov 22 in order that local citizens will understand the benefits, or detriments, to the community regarding wind farms.
A meeting was held in Edenton on Nov 22 in order that local citizens will understand the benefits, or detriments, to the community regarding wind farms.
 
Governor Pat McCrory issued the following statement after North Carolina's unemployment rate fell to 6.3 percent. That represents a 1.2 point drop from October 2013 and is 2.5 points lower than January 2013 when the governor entered office.
Governor Pat McCrory issued the following statement after North Carolina's unemployment rate fell to 6.3 percent. That represents a 1.2 point drop from October 2013 and is 2.5 points lower than January 2013 when the governor entered office.
 
I'll be the first to admit that I use Facebook to promote BCN's posts. That is one of the duties that online publishers do. I also meta-tag, often and well in many nooks and crannies to push BCN's post higher in Search. It is the least I can do for my contributors.
I'll be the first to admit that I use Facebook to promote BCN's posts. That is one of the duties that online publishers do. I also meta-tag, often and well in many nooks and crannies to push BCN's post higher in Search. It is the least I can do for my contributors.
 
Within hours of the announcement last week that two Charlotte-based companies, LPL Financial and The Lash Group, would relocate thousands of jobs across the border to South Carolina, political and civic leaders in Charlotte and Raleigh began pushing the panic button on business incentives...
Within hours of the announcement last week that two Charlotte-based companies, LPL Financial and The Lash Group, would relocate thousands of jobs across the border to South Carolina, political and civic leaders in Charlotte and Raleigh began pushing the panic button on business incentives...
 
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Highland Industries is expanding its North Carolina manufacturing operations in Iredell County. The company plans to create 29 jobs and invest $8.25 million over the next three years in Statesville.
Governor Pat McCrory and N.C. Commerce Secretary Sharon Decker announced today that Highland Industries is expanding its North Carolina manufacturing operations in Iredell County. The company plans to create 29 jobs and invest $8.25 million over the next three years in Statesville.
 
Last week the North Carolina General Assembly reconvened for the short session and there is no shortage of work to be done.
 
With April 15 behind us, North Carolina taxpayers can look forward to a new era, because 2013 will be the final year of the state’s “progressive” income tax.
With April 15 behind us, North Carolina taxpayers can look forward to a new era, because 2013 will be the final year of the state’s “progressive” income tax.
 
Governor Pat McCrory released the following statement concerning North Carolina’s November unemployment rate drop to 7.4 percent- the lowest rate in more than five years.
Governor Pat McCrory released the following statement concerning North Carolina’s November unemployment rate drop to 7.4 percent- the lowest rate in more than five years.
 
Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that it is taking the difficult but necessary step to reduce its workforce in Canada, the United States and Trinidad by approximately 18 percent from current levels.
Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that it is taking the difficult but necessary step to reduce its workforce in Canada, the United States and Trinidad by approximately 18 percent from current levels.
 
In an effort to contain costs, and remain economically viable, in the fluid phosphate ore market that is worldwide and truly in a state of economic flux, Potash Corporation of Saskatchewan is giving the 'pink slip' to about 1000 employees spread across their entire corporate footprint.
In an effort to contain costs, and remain economically viable, in the fluid phosphate ore market that is worldwide and truly in a state of economic flux, Potash Corporation of Saskatchewan is giving the 'pink slip' to about 1000 employees spread across their entire corporate footprint.
 
Disgraced Standard & Poor's claims that $24 Billion was lost to the economy in the government shut-down. But they are wrong.
Disgraced Standard & Poor's claims that $24 Billion was lost to the economy in the government shut-down. But they are wrong.
 
For the first time in more than a decade, FOX News is totally shaking up its prime time lineup, except Bill O'Reilly, whose show will remain at 8:00 pm.
For the first time in more than a decade, FOX News is totally shaking up its prime time lineup, except Bill O'Reilly, whose show will remain at 8:00 pm.
 
To the surprise of industry observers, the U.S. Department of Justice in August filed to lawsuit to block the pending merger of US Airways and American Airlines. Contrary to much howling in the press and from the companies, unions, and communities involved, the DOJ's action was far from...
To the surprise of industry observers, the U.S. Department of Justice in August filed to lawsuit to block the pending merger of US Airways and American Airlines. Contrary to much howling in the press and from the companies, unions, and communities involved, the DOJ's action was far from...
 
A small change in a North Carolina law affecting charter schools could have a major impact on teacher education in North Carolina.
A small change in a North Carolina law affecting charter schools could have a major impact on teacher education in North Carolina.
 
A pro-growth tax reform including elimination of state personal and corporate income taxes has garnered significant attention in North Carolina over the last several weeks.
A pro-growth tax reform including elimination of state personal and corporate income taxes has garnered significant attention in North Carolina over the last several weeks.
 
Famed economist Arthur Laffer provided real-world economic solutions at the Civitas Institute's legislative training session recently in Raleigh.
Famed economist Arthur Laffer provided real-world economic solutions at the Civitas Institute's legislative training session recently in Raleigh.
 
Our state has been suffering with high unemployment and sluggish economic growth since the 2008 financial crisis primarily because of an inadequate educational system, high taxes and poor investments by state government.
Our state has been suffering with high unemployment and sluggish economic growth since the 2008 financial crisis primarily because of an inadequate educational system, high taxes and poor investments by state government.
 
Beaufort County, long downgraded to a Tier I county, will be upgraded to a Tier II, but do not celebrate just yet.
Beaufort County, long downgraded to a Tier I county, will be upgraded to a Tier II, but do not celebrate just yet.
 
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