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iQor, Thompson Industrial hiring in Charleston area
For two companies with Charleston-area offices, the economic recovery is in full swing. iQor, a global customer service business, seeks to hire 90 more people to staff its call center on Dorchester Road by the end of the year. Post-Courier
Submitted 2 years 78 days ago

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Getting Ready for the Home Crowd in South Carolina
The golf course architect Bobby Weed has built courses around the world, but none is as near and dear to his heart as the driving range he built in his hometown of Irmo, South Carolina. New York Times
Submitted 2 years 78 days ago

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NC visitor spending up in 2011, highest in Mecklenburg
Each of North Carolina's 100 counties saw an increase in visitor spending in 2011, according to a statement from Gov. Bev Perdue's office. Charlotte Business Journal
Submitted 2 years 78 days ago

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Atlantic Hydraulics relocating to Lee Co., NC Industrial Park
SANFORD - Atlantic Hydraulics, a company specializing in remanufacturing hydraulic pumps, motors and cylinders, is relocating to the Lee County Industrial Park. fayobserver.com
Submitted 2 years 78 days ago

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Start-Ups Create Jobs, Right? So Let’s Stop Praising Small Businesses — and Fund More
By pretty much any measure, lending to American small businesses is weak. Most recently, small business borrowing dropped 5% from May to June, according to the research firm PayNet, which tracks such lending. And while May’s borrowing had encouragingly reversed a four-month decline, June’s numbers were actually in sync with a broader trend.According to the recent annual report from U.S. Small Business Administration Office of Advocacy, a year-0ver-year comparison of outstanding loans to the nation’s small business revealed a decrease of almost 7%, for the 12 months that ended in June 2011. At that point, banks had $606.9 billion in outstanding loans to the U.S. small businesses, compared with $652.2 billion for the same 12-month period ending in June 2010. That’s not good news for anybody, except maybe the Romney campaign. TIME
Submitted 2 years 78 days ago

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Who Creates Jobs? How Economists See the Obama-Romney Debate
It takes a village to raise a child, the saying goes. And, you might add, it takes a whole economy to create jobs. CNBC
Submitted 2 years 78 days ago

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Lawmakers urge Obama to help make nation an exporter of natural gas
A bipartisan group of lawmakers on Tuesday urged the Obama administration to green-light liquefied natural-gas facility construction across the country in order to turn the nation into a natural-gas exporter. The Hill
Submitted 2 years 78 days ago

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Nine Reasons Why This Economy Feels So Bad
Recent U.S. economic troubles are often referred to as the Great Recession, implicitly equating them with conditions during the Great Depression. Yet by many measures the economic deterioration of the past few years is not as serious as in some earlier downturns. The drop in GDP from peak to trough for the 2007-09 recession was indeed severe, 4.7% compared with 3.2% for the 1973-75 recession. Still, it doesn’t begin to compare with the 26% decline of the early 1930s, the 18% of the 1937-38 recession or even the 12% of the often-overlooked 1945 slump. And peak unemployment was higher not only during the Great Depression, but also during the recession of the early 1980s. TIME
Submitted 2 years 78 days ago

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Houston leading southern city for population growth
Houston remains as the leading southern city for population growth, a metric dominated by Texas cities, a new report shows. Houston Business Journal
Submitted 2 years 78 days ago

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Rick Perry Factors Into State Budget Obamacare Funds He Had Pledged To Reject
Eight days after the Supreme Court upheld the constitutionality of the Affordable Care Act’s individual mandate and ruled that the federal government cannot penalize states that refuse to expand Medicaid, Texas Gov. Rick Perry (R) announced that he would not open the program to more applicants. But while he was making a public show of turning down federal funds, Perry was using the additional dollars in state budget projections. Think Progress
Submitted 2 years 78 days ago

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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