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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If North Carolina were a separate country, its economy would be one of the weakest in the developed world based on average employment rates, and its tax climate for economic growth would be nothing short of "horrendous."
If North Carolina were a separate country, its economy would be one of the weakest in the developed world based on average employment rates, and its tax climate for economic growth would be nothing short of "horrendous."
 
We address the much belated Beaufort County EDC report, now finally submitted, through contributor Warren Smith's correspondence to Beaufort County Commissioner Al Klemm.
We address the much belated Beaufort County EDC report, now finally submitted, through contributor Warren Smith's correspondence to Beaufort County Commissioner Al Klemm.
 
The recent suspension of Mr. Tom Thompson’s pay until he meets his requirement to prepare and present the Economic Development Commission’s annual report for 2011 is long over due.
The recent suspension of Mr. Tom Thompson’s pay until he meets his requirement to prepare and present the Economic Development Commission’s annual report for 2011 is long over due.
 
The state House has said cheers to a compromise beer distributorship agreement that will make changes to the state's decades-old beer franchise law.
The state House has said cheers to a compromise beer distributorship agreement that will make changes to the state's decades-old beer franchise law.
 
PCS Phosphate Company, Inc. (PotashCorp - Aurora) announced today that it is reducing staffing levels at its phosphate facility by approximately 150 full-time positions, or about 15 percent of its current workforce.
PCS Phosphate Company, Inc. (PotashCorp - Aurora) announced today that it is reducing staffing levels at its phosphate facility by approximately 150 full-time positions, or about 15 percent of its current workforce.
 
During the last few months the City of Washington has sponsored and applied for several grants, none of which will require any funding to be provided by local taxpayers.
During the last few months the City of Washington has sponsored and applied for several grants, none of which will require any funding to be provided by local taxpayers.
 
North Carolina's unemployment rate dropped 0.2 percentage points in March to a seasonally adjusted rate of 9.7 percent as the number of unemployed fell and the number of people with jobs rose.
North Carolina's unemployment rate dropped 0.2 percentage points in March to a seasonally adjusted rate of 9.7 percent as the number of unemployed fell and the number of people with jobs rose.
 
Natural gas exploration using hydraulic fracturing, aka fracking, may be moving forward in North Carolina. Gov. Bev Perdue recently changed her mind and supports it, with limitations.
Natural gas exploration using hydraulic fracturing, aka fracking, may be moving forward in North Carolina. Gov. Bev Perdue recently changed her mind and supports it, with limitations.
 
A new report on economic competitiveness from the American Legislative Economic Council shows North Carolina is ranked 23rd among the states on the 2012 ALEC-Laffer Economic Outlook Rankings.
A new report on economic competitiveness from the American Legislative Economic Council shows North Carolina is ranked 23rd among the states on the 2012 ALEC-Laffer Economic Outlook Rankings.
 
The Economic Development Commission's activities can be sorted into two separate periods, the period between 2001 and 2005 and the period between 2005 and the present.
The Economic Development Commission's activities can be sorted into two separate periods, the period between 2001 and 2005 and the period between 2005 and the present.
 
But both North Carolinians found that they had run afoul of one of the most widespread yet least-discussed barriers to creating jobs and pursing one's dreams: occupational licensing.
But both North Carolinians found that they had run afoul of one of the most widespread yet least-discussed barriers to creating jobs and pursing one's dreams: occupational licensing.
 
Employment is certainly an indicator of an economy's performance over time, as long as you are looking at overall rates of employment, unemployment, or underemployment.
Employment is certainly an indicator of an economy's performance over time, as long as you are looking at overall rates of employment, unemployment, or underemployment.
 
This article is the first installment of a three-part series examining the practice of occupational licensing in North Carolina.
This article is the first installment of a three-part series examining the practice of occupational licensing in North Carolina.
 
Caterpillar announced recently that it has chosen Athens, Ga., as the site for a new manufacturing plant. Several states were considered for the facilities, including a North Carolina site in Brunswick County.
Caterpillar announced recently that it has chosen Athens, Ga., as the site for a new manufacturing plant. Several states were considered for the facilities, including a North Carolina site in Brunswick County.
 
On Tuesday, March 20th, NC SPIN, North Carolina's only independent statewide talk show, will host a daylong forum on healthcare called "What the Health: Can We Survive Our Healthcare System?"
On Tuesday, March 20th, NC SPIN, North Carolina's only independent statewide talk show, will host a daylong forum on healthcare called "What the Health: Can We Survive Our Healthcare System?"
 
There they go again: The North Carolina Association of Educators (NCAE) continues to pump out misleading claims about Civitas and the state's public school system.
There they go again: The North Carolina Association of Educators (NCAE) continues to pump out misleading claims about Civitas and the state's public school system.
 
Caterpillar announced recently that it has chosen Athens, Ga., as the site for a new manufacturing plant. Several states were considered for the facilities, including a site in Brunswick County, N.C.
Caterpillar announced recently that it has chosen Athens, Ga., as the site for a new manufacturing plant. Several states were considered for the facilities, including a site in Brunswick County, N.C.
 
The first decade of the 21st Century for North Carolina was a difficult one. In terms of the state’s economic condition, many may label it a lost decade.
The first decade of the 21st Century for North Carolina was a difficult one. In terms of the state’s economic condition, many may label it a lost decade.
 
Everybody needs a Ferris Bueller day off - even Wikipedia. Unlike Ferris, who could make the most of any moment, the management of Wikipedia just have something to say, and it is a most narrow message.
Everybody needs a Ferris Bueller day off - even Wikipedia. Unlike Ferris, who could make the most of any moment, the management of Wikipedia just have something to say, and it is a most narrow message.
 
The lawyers are having a field day with the Fountain issue. Meanwhile, it appears when one rides by the plant on Whichard's Beach Road that little is going on there. The parking lot remains mostly empty.
The lawyers are having a field day with the Fountain issue. Meanwhile, it appears when one rides by the plant on Whichard's Beach Road that little is going on there. The parking lot remains mostly empty.
 
North Korean state television has reported that the 69 year North Korea Leader had passed on.
North Korean state television has reported that the 69 year North Korea Leader had passed on.
 
On December 4, 2011, Tom Richter, speaking in a paid advertisement for the Committee of 100 published in the Washington Daily News, repeated this same statistic, "86% of prospects want to buy a building."
On December 4, 2011, Tom Richter, speaking in a paid advertisement for the Committee of 100 published in the Washington Daily News, repeated this same statistic, "86% of prospects want to buy a building."
 
Effective January 25, 2012, University Health Systems of Eastern Carolina will become Vidant Health, and Pitt County Memorial Hospital (PCMH) will become Vidant Medical Center.
Effective January 25, 2012, University Health Systems of Eastern Carolina will become Vidant Health, and Pitt County Memorial Hospital (PCMH) will become Vidant Medical Center.
 
The Congressional Super Committee, consisting of six Democrats, six Republicans from both the United States house and Senate is on the brink of failure.
The Congressional Super Committee, consisting of six Democrats, six Republicans from both the United States house and Senate is on the brink of failure.
 
Steve Jobs, a decidedly original creative force, and one of the most iconic CEO's in the history of the world is dead.
Steve Jobs, a decidedly original creative force, and one of the most iconic CEO's in the history of the world is dead.
 
Should I sell, should I buy, or should I just put a gun to my head and relieve the misery?
Should I sell, should I buy, or should I just put a gun to my head and relieve the misery?
 
Unemployment figures for March 2011, released today by the North Carolina Employment Security Commission, show Beaufort County's unemployment rate improving for the second-consecutive month.
Unemployment figures for March 2011, released today by the North Carolina Employment Security Commission, show Beaufort County's unemployment rate improving for the second-consecutive month.
 
By: BCN
In February 2011, according to the NCESC, the percentage of Beaufort County residents, over the age of 15, who reported being unsuccessful in procuring employment for pay was 10.7 percent.
In February 2011, according to the NCESC, the percentage of Beaufort County residents, over the age of 15, who reported being unsuccessful in procuring employment for pay was 10.7 percent.
 
By: BCN
Unless state legislators take swift action, beginning Apr. 16, the maximum number of weeks for which a North Carolina resident can file for unemployment benefits is set to be reduced from 99 to 79.
Unless state legislators take swift action, beginning Apr. 16, the maximum number of weeks for which a North Carolina resident can file for unemployment benefits is set to be reduced from 99 to 79.
 
By: BCN
Even though the unemployment rate was nearly two points lower in December 2010 than in January 2010, there were nearly 700 less people employed at the end of the year.
Even though the unemployment rate was nearly two points lower in December 2010 than in January 2010, there were nearly 700 less people employed at the end of the year.
 
By: BCN
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