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A new economic development role for James Sauls
Raleigh leaders on Tuesday named James Sauls as the city’s new economic development director. Anyone who’s familiar with Sauls’ work might think he already holds the job. For the past two years, he’s been the director of Raleigh Economic Development, a separate entity under the Greater Raleigh Chamber of Commerce that partnered with the city to recruit new jobs and companies to Raleigh. News Observer
Submitted 1 years 276 days ago

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Mitch McConnell Declares War on Ted Cruz, Sarah Palin, and Tea Party Outside Groups
In an abrupt change in strategy, Sen. Mitch McConnell has decided to go after Ted Cruz, Sarah Palin, the Senate Victory Fund and other conservative groups who are backing his primary challenger. Politicususa.com
Submitted 1 years 276 days ago

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Job Growth Slowed Further In October, Survey Signals
Only a relatively low 130,000 jobs were added to private employers' payrolls in October and the labor market in September was even weaker than first thought, according to the latest data from the ADP National Employment Report. GPB.org
Submitted 1 years 276 days ago

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How Does Georgia Diversify Our Economy?
The news of apparent recovery has come frequently from northwest Georgia’s flooring industry in recent months. Announcements of new plants and expansions of current facilities eventually will add up to nearly 3,000 new jobs in a region devastated during the recession as the flooring industry collapsed. By some measures, the carpet capital of the world – Dalton and the surrounding areas – lost 17,000 jobs over the last decade. GPB.org
Submitted 1 years 276 days ago

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Maddow: Rand Paul needs to explain Wikipedia plagiarism if he wants to run for president
On Tuesday night’s edition of “The Rachel Maddow Show,” host Rachel Maddow discussed the growing plagiarism scandal around Sen. Rand Paul (R-KY), who appears to have serially plagiarized Wikipedia entries in his speeches. Paul’s office has refused to speak to the Maddow Show about the accusations, but the questions, Maddow said, aren’t going to go away. Rawstory.com
Submitted 1 years 276 days ago

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Washington Needs to Refocus on Manufacturing Jobs
Congress hasn’t given Americans much reason this year to believe it can work together in the country’s best interest to help create jobs. That needs to change. It’s time for Washington to refocus on manufacturing jobs instead of manufactured crises. roll call.com
Submitted 1 years 276 days ago

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Nanotech filter manufacturer to plant research operation at N.C. State's Centennial Campus
German filter manufacturer Mann+Hummel, the same company that took over sole ownership of Purolator Filters in Fayetteville earlier this year, is coming to Raleigh. Triangle Business Journal
Submitted 1 years 276 days ago

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Republicans Should Stop Worrying About Ken Cuccinelli
Democrats are eager to portray Ken Cuccinelli's expected loss on Tuesday as an ominous sign for the future of the Republican party. Indeed, if the Republican state attorney general loses, it will mark the first time that Virginia voters backed a governor from the same party as the president in 40 years. National Journal
Submitted 1 years 276 days ago

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Florida gives economic development spotlight
Florida has taken a more active role in pursuing economic development in the past few years, the state’s Secretary of Commerce and President and CEO of Enterprise Florida says. miamitodaynews.com
Submitted 1 years 276 days ago

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Economic development focus for local governments
Economic development must continue to be a top priority for the city of Monroe and the Ouachita Parish Police Jury, according to local governmental officials. thenewsstar.com
Submitted 1 years 276 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 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     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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