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

 

 
6
Likes

That's The Randle Report for October 21, 2014
Join us again tomorow 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 above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 249 days ago

24
Likes

Charleston named No. 1 U.S. tourist destination for fourth year; No. 2 in world
For the fourth year in a row, Charleston has been named the No. 1 tourist destination in the country by readers of Conde Nast Traveler. The magazine's annual Readers' Choice awards were announced Monday, and the Holy City was again recognized as a top national and international destination, thanks to its historic sites, food and upscale hotels. Charleston was named the No. 2 destination in the world behind Florence, Italy, which took the top spot by a fraction of a point. Pilar Guzman, editor in chief of Conde Nast Traveler, called Charleston "the little city that could" when she appeared on CBS' "This Morning" on Monday to discuss this year's Readers' Choice awards. Post and Courier
Submitted 1 years 249 days ago

17
Likes

China GDP Growth Rate Is Slowest in Five Years
BEIJING—China’s economy in the third quarter grew at its slowest pace in five years as it battles a slumping real-estate market and weak domestic demand and industrial production. The results on Tuesday make it increasingly likely that China will miss its annual growth target for the first time since 1998, in the midst of the Asian financial crisis. Chinese leaders in recent months have at times emphasized that their target is an approximate one, of about 7.5%, and that a level slightly below that figure is acceptable to Beijing. The Wall Street Journal
Submitted 1 years 249 days ago

10
Likes

Ten Noteworthy Moments In U.S. Investigative Journalism
Since the late 19th century, American journalists have used their craft to call government and corporations to account for wrongdoing, secret practices, and even corruption, often sparking public outcry and reform. In the latest Brookings Essay, Robert Kaiser, a former reporter and managing editor of The Washington Post, examines the digital revolution that has forever changed American journalism, and not for the better. Calling journalism “the lifeblood of a free, democratic society,” Kaiser recalls a “golden era of journalism” before declining budgets and profits cut into news reporting, including investigative journalism. Brookings
Submitted 1 years 249 days ago

8
Likes

In Times of Drought: Nine Economic Facts about Water in the United States
This Hamilton Project memo presents nine economic facts that provide relevant background context to the water crisis in the United States. Chapter 1 reviews the historical, current, and projected occurrence of drought in the United States. Chapter 2 describes the importance of water to our national economy. Chapter 3 underscores some of the economic and institutional barriers to more efficient use of water. We examine these issues through the lens of economic policy, with the aim of providing an objective framing of America's complex relationship with water. Brookings
Submitted 1 years 249 days ago

13
Likes

On the issues, Rick Scott and Charlie Crist offer major differences
Florida's race for governor may be one of the nastiest on record as candidates shout out in more than $83 million in television ads, but beneath the rhetoric is a record of real differences between Gov. Rick Scott, the Republican, and his predecessor and challenger, former Gov. Charlie Crist, the Democrat. Here is where they stand, and where they have been, on key issues: Tampa Bay Times
Submitted 1 years 249 days ago

26
Likes

Survey: Florida second only to Texas as having best business climate
Florida came in second to Texas as having the best business climate in a new survey of corporate executives released Monday at the International Economic Development Council's annual conference. Texas easily trumped all comers, picked by 49.7 percent of 356 execs as having the best climate. Florida, with 18.1 percent of the vote, nudged out North Carolina, which has held the No. 2 spot for nearly a decade. Florida received high marks for its tax climate and "pro-business environment." North Carolina and Georgia tied for third at 17.6 percent. Conducted every three years, the survey by Development Counsellors International has tracked economic development trends since 1996. Tampa Bay Times
Submitted 1 years 249 days ago

8
Likes

SAS CEO, N.C. Gov. McCrory on incentives
SAS CEO Jim Goodnight and Gov. Pat McCrory took a break from the fanfare of celebrating SAS' newest building Tuesday to talk incentives. The discussion followed frustrated comments by Goodnight at a recent CED event. There, he criticized incentives that attracted tech companies to the Triangle, saying that keeping salaries competitive was an increasing strain on SAS. McCrory told Goodnight that their takes really aren't that far off. "My goal would be for no company to have to take incentives," he says, pointing to recent changes in tax policy as evidence of that stance. Attracting companies to rural areas, however, requires the added push of incentives, he says. Triangle Business Journal
Submitted 1 years 249 days ago

21
Likes

Louisiana's business climate, LED ranks among top 10 in U.S.
National location marketing firm Development Counsellors International, or DCI, ranked Louisiana's business climate tied for 10th in the U.S., a 20-spot jump since 2011. The firm also said Louisiana Economic Development tied for second in the U.S. for best-performing state economic development agency. DCI releases the survey every three years. This year it came in conjunction with the International Economic Development Council at IEDC's annual conference in Fort Worth, Tx. and based its rankings on a national survey of 356 corporate executives and site-selection consultants. "The leading economic development organizations identified in this year's survey set the standard across the country for being 'best in class' on so many levels and clearly stand out to site selectors across the country," said DCI President Andrew Levine. NOLA.com
Submitted 1 years 249 days ago

3
Likes

New Orleans' Post-Katrina Identity Crisis
NEW ORLEANS, Louisiana--Hotel rooms are booked. The convention center is packed. Throngs of revelers spill out of jazz clubs on Frenchmen Street. New Orleans is alive and thriving. Or so it seems. Nearly a decade has passed since Hurricane Katrina flooded the city and displaced more than 400,000 New Orleanians. Billions of federal dollars have poured in to rebuild the Big Easy, along with thousands of volunteers and immigrant day laborers. Now the city boasts several Forbes top rankings, such as #1 Brainpower City and Fastest Growing City Since the Recession. But away from the French Quarter, New Orleans is not the same place it once was. The famously African-American city has gotten whiter and more Hispanic. Townhouses have popped up where housing projects once stood, pushing poor, black residents to the suburbs to find cheaper rent--or to homeless camps under the city's highways. The National Journal
Submitted 1 years 249 days ago

 

 

 

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://www.augustaeda.org
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