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The US Has Two Huge Economic Problems, And They Cancel Each Other Out Perfectly
Probably the two most cited economic problems in the US are: Long-term demographic headwinds, and US unemployment. But good news! Those problems cancel each other out. Investor, engineer, and amateur economist Matt Busigin explained on Twitter. Business Insider
Submitted 1 years 285 days ago

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Jeb Bush Dings Marco Rubio On Immigration
WASHINGTON -- Former Florida Gov. Jeb Bush (R), who caused controversy this week when he came out against a pathway to citizenship despite previously supporting one, pointed out in his defense that he didn't anticipate others, such as Sen. Marco Rubio (R-Fla.), would make the switch in the opposite direction. Huffington Post
Submitted 1 years 285 days ago

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UNEMPLOYMENT HITS 4-YEAR LOW
Despite constant budget fights in Washington, the U.S. economy managed one of the best months for job gains in the past year in February, driving the unemployment rate to its lowest level in more than four years. Huffington Post
Submitted 1 years 285 days ago

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More Birmingham auto dealerships seeking incentives for expansion/retention
HOOVER, Alabama -- Birmingham officials will soon present two more major expansion and retention proposals from automobile dealers following this week's $5.27 million agreement with Serra Automotive. al.com
Submitted 1 years 285 days ago

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That's The Randle Report for Thursday, March 7, 2013
Join us again tomorrow 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. Also, click on the Sports tab above for all of the South's sports news in real time. Click on the headline to access Southern Business & Development magazine.
Submitted 1 years 286 days ago

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BREAKING NEWS: Atlanta Falcons, Mayor agree to new stadium


Submitted 1 years 286 days ago

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US factory orders signal investment surge
WASHINGTON -- (AP) U.S. orders for machinery and other factory goods that signal business investment surged in January, indicating confidence in the economy. The Commerce Department said Wednesday that orders for so-called core capital goods, which also include equipment and computers, rose 7.2 percent from December. It was the biggest gain in more than a year and higher than the initial 6.3 percent increase estimated by the government last week. Total factory orders fell 2 percent in January from December. But the decline was mostly due to a steep drop in volatile aircraft and defense orders that was also reported last week. Miami Herald
Submitted 1 years 286 days ago

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Consumer Borrowing in U.S. Rises by Most in Five Months
Consumer credit in the U.S. rose in January by the most in five months as Americans took out loans for auto purchases and tuitions. The $16.2 billion increase followed a revised $15.1 billion advance in December that was larger than initially reported, the Federal Reserve said today in Washington. The median forecast of 27 economists surveyed by Bloomberg called for a $14.7 billion gain in January. Non-revolving debt, which includes financing for auto purchases and college, climbed $16 billion. Bloomberg
Submitted 1 years 286 days ago

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Signs indicate Austin’s historical Driskill Hotel changing hands
The historical Driskill Hotel in downtown Austin appears to be changing hands to Hyatt, although the buyer and seller are not confirming a sale. The stately 188-room luxury hotel — one of Austin’s oldest and best-known, and a landmark at West Sixth and Brazos streets — has been owned since October 2005 by Los Angeles-based Lowe Enterprises Investors, which purchased it on behalf of an investor client. A pending sale of the iconic hotel has been talked about for some time by hotel employees and the Austin real estate community, and in recent weeks Hyatt’s name emerged as the prospective buyer. Austin American Statesman
Submitted 1 years 286 days ago

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MetLife to Create Over 2,600 Jobs in North Carolina
Raleigh, N.C. - March 7, 2013 -Today, Governor Pat McCrory will announce that MetLife, Inc., a leading global life insurance and employee benefits company, intends to create 2,600 jobs in Charlotte and Cary, North Carolina by the end of 2015. The company expects to invest, or cause to be invested, $125.5 million into its new Mecklenburg and Wake County campuses. “We’re proud that a strong corporate partner like MetLife has decided to invest in North Carolina,” said Governor McCrory. “These jobs will complement our financial services sector in Charlotte and our high-tech hub in Wake County, two distinct sectors we want to expand.” Today’s announcement of more than 2,600 jobs by the Governor is the largest jobs announcement in recent North Carolina history. North Carolina Governor's Office
Submitted 1 years 286 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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