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Kochs and Republicans launch bid to snuff out wind-energy tax incentives
A key tax incentive credited with boosting wind-energy capacity in the U.S. is due to expire in eight weeks, and fossil fuel lobbyists are working hard to blow it to oblivion. The Koch-backed conservative group Americans for Prosperity is launching an advertising campaign calling on lawmakers to allow the production tax credit (PTC) to expire on Dec. 31. Grist
Submitted 3 years 30 days ago

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States launch programs to help veterans find jobs
The overall unemployment rate for veterans is steadily declining, but veterans are having better luck landing work in Virginia and Texas than they are in California and New Jersey. The jobless rate for the youngest veterans remains stubbornly high. USA Today
Submitted 3 years 30 days ago

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U.S. growth picks up as restocking offsets weak spending
U.S. economic growth accelerated in the third quarter as businesses restocked shelves, but the slowest expansion in consumer spending in two years suggested an underlying loss of momentum. Reuters
Submitted 3 years 30 days ago

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US economy at 2.8 percent growth, but what happens next? (+video)
The US economy grew at a 2.8 percent rate in the third quarter, but the underlying pace of consumer activity was still tepid heading the year’s final quarter. The real question, though, is what happens after that. Christian Science Monitor
Submitted 3 years 30 days ago

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The artsy side of energy (photos)
A snowy landscape evokes memories of Christmas cards past, as a welcoming drilling rig glitters in the background. Fire-colored leaves in autumn trees frame a fracking site. And the multicolored reflection of a seaside refinery practically says “come hither.” Fuel Fix
Submitted 3 years 30 days ago

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We need a war on poverty, not teachers
Google the phrase “education crisis” and you’ll be hit with a glut of articles, blog posts and think tank reports claiming the entire American school system is facing an emergency. Much of this agitprop additionally asserts that teachers unions are the primary cause of the alleged problem. Not surprisingly, the fabulists pushing these narratives are often backed by anti-public school conservatives and anti-union plutocrats. But a little-noticed study released last week provides yet more confirmation that neither the “education crisis” meme nor the “evil teachers union” narrative is accurate. Before looking at that study, consider some of the ways we already know that the dominant story line about education is, indeed, baseless propaganda. Salon
Submitted 3 years 30 days ago

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Alcohol Is Really Pissed Off at Marijuana Right Now
Marijuana has been giving alcohol a bad name. So contend booze lobbyists, who are getting sick of an ad campaign that makes the claim that pot is safer than their beloved beverages. "We're not against legalization of marijuana, we just don't want to be vilified in the process," said one alcohol industry representative who didn't want to be quoted harshing his colleagues mellow. "We don't want alcohol to be thrown under the bus, and we're going to fight to defend our industry when we are demonized." National Journal
Submitted 3 years 30 days ago

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Mississippi lauded for improving energy efficiency
JACKSON, Mississippi — Mississippi is the most improved state in the nation for energy-saving policies, a ratings group says. The American Council for an Energy-Efficient Economy lauded the state Wednesday for efforts in the last year that included lawmakers passing a new energy code for buildings and the Public Service Commission passing requirements for electric and gas utilities to offer customers ways to use less energy. gulflive.com
Submitted 3 years 30 days ago

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U.S. Economy Was Surprisingly Strong Before The Shutdown
WASHINGTON -- WASHINGTON (AP) — The U.S. economy expanded at a 2.8 percent annual rate from July through September, a surprising sign of strength ahead of the 16-day partial government shutdown. Exports rose, businesses stocked up, home construction increased and state and local governments spent at the fastest pace in four years. Huffington Post
Submitted 3 years 30 days ago

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Get cracking if you want Texas pecans this fall
There was a time when pecans were a bargain, and you made not one, but two pecan pies because you could — plus everyone always wanted more than one sweet, sticky slice. Dallas Morning News
Submitted 3 years 30 days ago

 

 

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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