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Economic development changing
A consultant from Pennsylvania may have helped some local residents understand that although there are some consistencies in the field, economic development has changed in the last several years. “I think reality is what has hit us in the face, and we’re trying to accept it and also deal with it,” Mark Heath, president and CEO of the Martinsville-Henry County Economic Development Corp., said after Laith Wardi, president and certified economic developer (CEcD) of Executive Pulse in Erie, Pa., addressed representatives of local businesses, governments, educational institutions and others Tuesday. Martinsville Bulletin
Submitted 1 years 287 days ago

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TaxWatch: Be Careful Before Erasing Job-Creating Incentives for Insurers
Florida TaxWatch cautions the Legislature not to repeal an insurance premium tax credit designed to encourage insurance company jobs in Florida -- at least not until it has fully assessed the impacts of what it would be like to live without it. Sunshine State News
Submitted 1 years 287 days ago

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Economic vs. Sustainable Growth: Identifying the Essential Mission of Sustainable Economies
A sustainable economy must arise from and be supported by a consensus of society regarding the mission of the economy. The basic nature of an economy invariably reflects the consensus, or at least the acquiescence, of the society within which the economy functions. Lacking a societal consensus for sustainability, governments cannot sustain the political power necessary to protect their natural and human resources from extraction and exploitation or to make the social and ecological investments essential for economic sustainability. csrwire.com
Submitted 1 years 287 days ago

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Where do your tax dollars go? The WH has an app for that
The number of Americans who believe their income taxes are “fair” hit the lowest percentage since 2001, but it remains over the halfway mark at 55%, according to Gallup figures. Most of that decline is attributed to people who call themselves conservative Republicans. MSNBC
Submitted 1 years 287 days ago

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Gov. Nixon helps dedicate new rail transfer facility in Washington, Mo.; project is helping two major local employers expand, create more than 300 jobs


governor.mo.gov
Submitted 1 years 287 days ago

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CEOs earn 354 times more than average worker
Chief executives of the nation's largest companies earned an average of $12.3 million in total pay last year -- 354 times more than a typical American worker, according to the AFL-CIO. The average worker made $34,645 last year, according to the group that represents over 50 trade unions. CNN
Submitted 1 years 287 days ago

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SC Gov. Haley helps Red Ventures break ground on Indian Land expansion
INDIAN LAND -- A beer garden, bowling alley and backing from the state, not to mention the planned recreation field, yoga studio, cycling room, amphitheater, food court and hundreds of new employees who’ll work there. When it’s finished a year from now, the newest Red Ventures building ought to be something to see. “We’re trying to build a campus and community,” said Ric Elias, CEO and co-founder, “a place we can all be excited to come to work at, but a place where we can continue to attract what ultimately will make us successful, which is more and more of the right level of talent.” Fort Mills Times
Submitted 1 years 287 days ago

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Company Plans Sprawling Newton Co., GA Film Complex
COVINGTON, Ga. — A film company is planning to build a sprawling studio complex in Newton County, southeast of Atlanta. Executives with Georgia-based Triple Horse say the company will build five new filming stages in Covington. gpb.com
Submitted 1 years 287 days ago

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"God help us" if we don't act on gun violence, Manchin says


CBS News
Submitted 1 years 287 days ago

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Americans' Faith in Tax Fairness Hits 10-Year Low
Americans' faith in the fairness of their taxes has slipped to its lowest level in more than a decade, according to a new survey released Monday, the deadline for most Americans to file their returns. CNBC
Submitted 1 years 287 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 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
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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