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US factory orders fall on decline in aircraft
WASHINGTON (AP)— Orders to U.S. factories fell in August, mostly because of a sharp drop in volatile aircraft orders. The decline offset an increase in orders that reflect corporate investment plans. Knoxnews.com
Submitted 2 years 176 days ago

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Are small businesses becoming more pessimistic?
Forget four years ago. Is your business better off now than it was two years ago, after the financial crisis had ended? The Business Journal
Submitted 2 years 177 days ago

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Singapore is NC-based Krispy Kreme's next market
Krispy Kreme Doughnut Corp. is opening up stores in Singapore through a franchise agreement. The Business Journal
Submitted 2 years 177 days ago

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Presenting The Most Unemployed Cities In Every State
U.S. national unemployment rate fell to 8.2 percent in August — down in nearly 90 percent of the country's metro areas. Business Insider
Submitted 2 years 177 days ago

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Entrepreneurship and Urban Growth: A Fresh Look Using Proximity to Mines
More than half a century ago, a classic article by the economist Benjamin Chinitz in the American Economic Review, "Contrasts in Agglomeration: New York and Pittsburgh," sought to answer a vexing question about the mechanisms of regional economic development. He pointed out a connection between a region’s industrial structure and its ability to generate entrepreneurship, innovation, and new growth. The Atlantic Cities
Submitted 2 years 177 days ago

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AMERICA’S MOST AND LEAST RELIABLE AIRLINES, FROM AMERICAN TO VIRGIN
The recent trials of American Airlines, the nation’s third largest airline, got us thinking about a few key things an airline can do to score high on reliability: avoid exorbitant extra fees, have its planes show up safely and on time, and make sure that customers are generally satisfied. The Daiiy Beast
Submitted 2 years 177 days ago

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KY Gov. Beshear Announces Allylix to Expand in Lexington
LEXINGTON – Governor Steve Beshear today joined local and company officials in Lexington to announce an expansion for Allylix Inc. The renewable chemicals company plans to add 14 full-time jobs, invest more than $1.6 million in the Commonwealth and add 3,700 square feet of laboratory space at the University of Kentucky’s Coldstream Research Campus. Southern Governor's Association
Submitted 2 years 177 days ago

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NC Gov. Perdue: Textiles Manufacturer to Create 23 Jobs in Polk County
Gov. Bev Perdue today announced that Fendrich Industries Inc, a manufacturer of textiles and printed cloth fabrics, will expand its operations by locating a new division in Polk County. The company plans to create 23 jobs and invest $740,000 over the next three years in Tryon. The project was made possible in part by an $115,000 grant from the One North Carolina Fund. Southern Governor's Association
Submitted 2 years 177 days ago

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Gulf oil spill workers sought for health study
BATON ROUGE, La. — The National Institute of Environmental Health Sciences is making another push to get people who worked on the BP/Deepwater Horizon oil disaster cleanup to enroll in a long-term health study. Fuel Fix
Submitted 2 years 177 days ago

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Gulf of Mexico poised for resurgence in 2013
The Gulf of Mexico is set to top peak production by 2019 after high level of investment and successful projects have spurred a resurgence, according to the energy consulting firm Wood Mackenzie. Fuel Fix
Submitted 2 years 177 days ago

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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