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Georgia exports set new record in 2013
Georgia merchandise exports set a record last year, increasing 4.2 percent compared to 2012, growing from $36.1 billion to $37.6 billion, according to a report released this week from the International Trade Administration. The state’s strong showing helped the United States hit an all-time record for exports of U.S. goods and services, reaching $2.3 trillion in 2013 and supporting nearly 10 million American jobs. Savannah Morning News
Submitted 3 years 9 days ago

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Governor's Baseball Dinner celebrates 100 years of baseball in Florida
ST. PETERSBURG--In 1912, the owner of the Pittsburgh Pirates dismissed a sales pitch to train here by Al Lang, the man who would become mayor of St. Petersburg. But in 1914 — 100 years ago — Lang struck gold when he persuaded manager Branch Rickey to bring the St. Louis Browns here with an offer of free lodging. The first game was played in Coffee Pot Park, writes Nevin D. Sitler in his book Warm Wishes from Sunny St. Pete. The Cubs traveled across the bay by boat from Tampa and won 3-2. So began the local roots of the Florida Grapefruit League and spring training in St. Petersburg and Pinellas County. On Thursday evening that rich century of baseball was celebrated at the 2014 Governor's Baseball Dinner held on the outfield at Tropicana Field. Tampa Bay Times
Submitted 3 years 9 days ago

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After website woes decrease, Obamacare enrollment surges in Florida, nation
Nearly 300,000 Floridians have signed up for Affordable Care Act plans, an 88 percent increase in a month, reflecting an enrollment surge that coincides with the end of Obamacare's major website woes. Florida’s number of enrollees, the second-highest in the nation behind California, accounts for almost 9 percent of the nation’s 3.3 million total enrollees, according to figures released Wednesday by the U.S. Department of Health and Human Services. But though federal officials praised the nationwide increases — a 53 percent uptick of nearly 1.15 million Americans in a month — fewer people will likely sign up for ACA plans than initially anticipated. Miami Herald
Submitted 3 years 9 days ago

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74,000-plus have signed up for health care in Va.
More than 74,000 Virginians have enrolled in health plans through the federal insurance marketplace. Figures from the U.S. Department of Health and Human Services show that from Oct. 1 through Feb. 1, 28 percent of those in Virginia who selected marketplace plans were ages 18 to 34. Sixteen percent were ages 35 to 44; 21 percent were ages 45 to 54, and 27 percent were ages 55 to 64. Under President Barack Obama's signature health care law, the federal government operates the electronic system for Virginia and 35 other states. Virginian Pilot
Submitted 3 years 9 days ago

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UAW vote results today: Union says Alabama campaign to continue regardless of outcome in Tennessee
Today is the final day of voting for workers at the Volkswagen auto assembly plant in Chattanooga, Tenn., where they will decide whether they want to be represented by the United Auto Workers union. AL.com
Submitted 3 years 9 days ago

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Once Again, The Stock Market Is Closing In On Its All-Time High: Here's What You Need To Know
Stocks are quietly making their move back to all-time record highs. First, the scoreboard: Dow: 16,154.3 (+126.7, +0.7%) S&P 500: 1,838.6 (+8.7, +0.4%) Nasdaq: 4,244.0 (+3.3, +0.0%) And now the top stories: Business Insider
Submitted 3 years 9 days ago

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Frozen economy? How has the cold weather slowed economic output?
Across the country people are loathing the groundhog that predicted six more weeks of winter. And no one, or nothing, may be more upset about Punxsutawney Phil’s prediction than the U.S. economy. Business First
Submitted 3 years 9 days ago

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How robots will help your heart and your pocketbook
University of Houston professor Nikolaos Tsekos might be working in robotics, but he’s focused on matters of the heart. Houston Business Journal
Submitted 3 years 9 days ago

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Why there are fewer new US businesses and jobs
Despite the current war for tech talent in hot start-up regions including Silicon Valley, new research paints a more muted, long-term picture of American entrepreneurship and job creation under pressure. CNBC
Submitted 3 years 9 days ago

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Cold weather slams U.S. factory output, likely to hurt growth
U.S. manufacturing output unexpectedly fell in January, recording its biggest drop in more than 4-1/2 years, as cold weather disrupted production in the latest indication the economy got off to a weak start this year. The Fiscal Times
Submitted 3 years 9 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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