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Will Your State Make Life Easier For Working Families Next Year?
This Congress is on track to be the least productive in history. Yet 2014 was a year of significant progress for policies that address work and family balance. That’s because of a flurry of action at the state and local level. Think Progress
Submitted 1 years 247 days ago

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The Stimulus Program Was a Smashing Success: It Erased Most Middle Class Income Losses in the Recession
Earlier this month the Congressional Budget Office published new estimates of income losses and gains in the Great Recession and in the recovery up through 2011. It is an update of earlier analyses, and it shows changes in pre-tax and post-tax incomes and in the distribution of federal tax burdens on low-, middle-, and high-income families. The report offers insight into the role of government tax and benefit policy in protecting family incomes during the nation’s worst post-war recession. By almost any measure the policy was a resounding success. For middle-income families, tax cuts and higher government benefits erased almost 90% of the market income losses caused by the recession. For Americans with lower incomes the combination of tax cuts and more generous benefits offset virtually all the market income losses. Brookings.edu
Submitted 1 years 247 days ago

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$1.6B Wade Park development in Frisco gets expanded vision
Construction is underway on the $1.6 billion, 175-acre Wade Park mixed-use development in Frisco, but Atlanta-based developer Thomas Land & Development is ready to expand the project's plans. Dallas Business Journal
Submitted 1 years 247 days ago

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Quarter of Americans will work over holidays
Millions of Americans will work on Thanksgiving and Christmas this year, and many of them are not in the retail industry. USA Today
Submitted 1 years 247 days ago

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ClearEdge Wholesale Relocates Manufacturing Facility To Baton Rouge, Louisiana
ClearEdge Wholesale Glass plans to expand the company’s manufacturing operations in Baton Rouge, Louisiana. The company is investing $2.65 million to renovate a 41,000-square-foot manufacturing facility in Baton Rouge, where it will relocate its current manufacturing operations from a 14,000-square-foot site in New Orleans. Area Development
Submitted 1 years 247 days ago

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The 15 Most Frustrating Airports For Travelers, See Which Are Southern
These days, flying commercially can sometimes be described as nothing more than a series of inconvenient events. According to a new study conducted by Bloomberg Businessweek, some airports are far more frustrating than others. Business Insider
Submitted 1 years 247 days ago

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Industrial Park Expanding Along I-85
Motorists on Interstate 85 southbound between Ga. Hwy. 154 and Bullsboro Drive have likely noticed the clearing alongside the interstate, just north of the Transco gas pipeline. Development company Pattillo has cleared 90 acres as an expansion of the Coweta Industrial Park. The company has also extended the road that serves the industrial park, Coweta Industrial Parkway, by about 3,000 feet, opening up more of the industrial property to development. Times-Herald
Submitted 1 years 247 days ago

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Georgia Heads For Supreme Court Water Fight With Florida
Georgia and Florida are preparing to fight the latest round of the water wars in the nation's highest court. Earlier this year, the U.S. Supreme Court agreed to hear Florida's lawsuit, challenging what it says is Georgia's overconsumption of water flowing through the state into Florida. Wabe.org
Submitted 1 years 247 days ago

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Southern Champion Tray To Expand In Chattanooga, Creating 105 New Jobs
Southern Champion Tray (SCT) plans to expand in Chattanooga with an investment of $18.1 million creating 105 new jobs. SCT is a manufacturer of paperboard packaging primarily for the food industry, while also serving other industries including cosmetic, automotive, hardware and office. A third-generation family-owned company with a culture focused on wellness, SCT also provides graphic design and printing services to customers, and currently employs about 450 people at two facilities in the Chattanooga area. Chattanoogan.com
Submitted 1 years 247 days ago

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Election didn’t solve any of Georgia’s challenges
Yes, Georgia Republicans did well in the 2014 midterms, but now that the votes have been counted and the victories celebrated, they still preside over a state with the highest unemployment rate in the country. Atlanta Journal Constitution
Submitted 1 years 247 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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