Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
0
Likes

Why Millennials Aren't Buying Houses
This much is obvious: Young people don’t buy homes like they used to. In the aftermath of the recession and weak recovery, the share of 18- to- 34 year olds—a.k.a.: Millennials—who own a home has fallen to a 30-year low. For the first time on record going back more than a century, young people are now more likely to live with their parents than with a spouse. Citylab.com
Submitted yesterday

0
Likes

That's The Randle Report for August 26, 2016
Join us again Monday morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window to find any story you need to find from last week, last month, last year or several years ago. Click on the headline above to access Southern Business & Development's website, the economic development magazine of the American South; the fourth largest economy in the world.
Submitted 2 days ago

11
Likes

There's one bright spot in the US economy that keeps getting better
Consumers are still the biggest drivers of the US economy. On Friday, the Commerce Department released its second estimate of gross domestic product in the second quarter. It showed that the economy grew 1.1%, revised lower from the 1.2% print earlier reported, and in line with economists' expectations. Business Insider
Submitted 2 days ago

8
Likes

The Comeback of Middle Wage Jobs
One of the economy's bright spots is the job market - and it may be even brighter than it seems. Not only are there more jobs (1.3 million so far in 2016), but they may be better-paying, according to a new analysis by economists at the Federal Reserve Bank of New York. The Fed economists report that middle-wage workers - earning roughly $30,000 to $60,000 - represent the fastest growing segment of the labor market. By contrast, earlier in the recovery, low-wage and high-wage jobs dominated employment increases. Realclearmarkets.com
Submitted 2 days ago

8
Likes

No, Donald Trump, America Isn’t a Hellhole
Donald Trump has taken a strange turn lately. O.K., he has taken a lot of strange turns — that’s what happens when you nominate a short-attention-span candidate who knows nothing about policy and refuses to sit still for more than three minutes. But never mind what passes for Trumpian policy ideas. What’s odd is the shift in what the problem is supposed to be. When the Trump campaign started, it was, at least nominally, about economics. Foreigners are stealing your jobs, the candidate declared, both through unfair trade and by coming here as immigrants. And he would make America great again with punitive tariffs and mass deportations. But the story changed at the Republican convention. There was remarkably little economic discussion on display; there wasn’t even much economic demagogy. Instead, the focus was all on law and order, on saving the nation from what the candidate described as a terrifying crime wave. New York Times
Submitted 2 days ago

0
Likes

Dryden manufacturing plant relocating to Florida
Following a troubling trend for the Southern Tier’s manufacturing sector, nearly 200 jobs in the region will be lost after Mettler Toledo Hi-Speed, an international supplier of precision scales and instruments, announced it will relocate its plant in Dryden to Florida. Ithica Journal
Submitted 2 days ago

0
Likes

Vivint Solar Expands Into Florida, Creating Jobs
Residential solar provider Vivint Solar has announced its expansion into Florida, with availability beginning in the Tampa Bay area. The company has hired approximately 40 employees in the state and plans to continue hiring as it extends into new regions. Solarindustrymag.com
Submitted 2 days ago

7
Likes

Six things to know about Atlanta’s 5.1 percent unemployment rate
The metro Atlanta unemployment rate edged down to 5.1 percent in July from 5.3 percent in June as the number of people with jobs slightly outpaced the growth in jobseekers, the government reported today. It was a weak month, but actually not as weak as July typically is. A different survey which counts the number of jobs showed the region’s economy shedding 500 jobs during the month, according to the Georgia Labor Department. Atlanta Journal Constitution
Submitted 2 days ago

1
Likes

Honda Pioneer growth brings 250 new jobs, $45 million HSC plant expansion
Honda of South Carolina Mfg., Inc. (HSC) today announced new investment of $45 million in a 115,000 square foot expansion and innovation project designed to meet growing demand for Honda side-by-side vehicles produced exclusively in the South Carolina plant. The investment is expected to result in the creation of 250 new jobs, which the company has already begun to fill. Posersportbusiness.com
Submitted 2 days ago

0
Likes

12 high-paying jobs for people who love to talk
Being a Chatty Cathy isn't always a bad thing — especially if you're an eloquent speaker. Turns out a lot of lucrative jobs require strong verbal communication skills. So, all you articulate chatterboxes out there may be able to cash in on your gabbiness. Business Insider
Submitted 2 days ago

1 2 3 4 5 6 7 8 9 10 ... 13813

 

 

 

Most Liked Stories (past 24 hrs.)


Most Disliked Stories (past 24 hrs.)


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.
 


 

 

http://gtrlink.com/
Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2016 Randle Report
All of the South's Business and Political News in One Place
Login