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RandleReport.com is an economic development, political and general reach business aggregator of news from the American South. The site is continuously updated for real time access 9:00 am CDT to 5:00 pm CDT, Monday through Friday. The site is a property of Southern Business & Development magazine (sb-d.com).

RandleReport.com editors

Morgan Holladay morgan@sb-d.com (9:00 to 12:00 CDT shift typically)

Shelly Jo Jacobs shellyjo@sb-d.com (1:00 to 4:00 CDT shift typically)

Michael C. Randle mike@sb-d.com (4:00-5:00 CDT shift typically)

Matthew E. Randle matthew@sb-d.com (sub)

The Randle Report covers the following states:

Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia.

Mailing address: P.O. Box 130789, Mountain Brook, Ala., 35213-0789. Office address: 3605 Lorna Ridge Road, Birmingham, Ala., 35216. 205-871-1220. Other websites include: SB-D.com, SouthernAutoCorridor.com, and SmallTownSouth.com.

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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