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As Congressional Republicans Block Raising Minimum Wage, States Take Over
Despite the opposition of Congressional Republicans unwilling to deny a political victory to President Barack Obama by voting for an increase in the minimum wage, it’s increasing nonetheless for many workers. And Congress won’t get to claim even partial credit for it. allgov.com
Submitted 1 years 311 days ago

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How to catch a coal ash spill? Send lawyers, boats and airplanes
Peter Harrison has an enviable life: He spends a lot of time in a boat, exploring the waterways of North Carolina. Peter Harrison also has an interesting life: Other boats sometimes follow his, with huge cameras pointed in his direction, shutters clicking away. Grist
Submitted 1 years 311 days ago

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States try to block cities’ transit plans
As more cities come to terms with Americans’ shifting desires to get out of cars and onto mass transit, we are beginning to see bus and rail projects in some unexpected places. Mass transit isn’t just for your Europhile socialist coastal enclaves anymore. Cities in the Midwest and the Sun Belt are trying to develop well-planned transit systems such as light rail and bus rapid transit. Grist
Submitted 1 years 311 days ago

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Can Cities and Rural Counties Come Together?
David Shabazian is an urban bureaucrat who understands rural life. He was raised on a farm, where his parents supplemented the family income by selling alfalfa, corn and wheat. The proceeds paid for his undergraduate degree in agricultural economics, but eventually the demands of running a farm were too much and the revenue collected too little, so his mother sold the land to a large operator. Governing
Submitted 1 years 311 days ago

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NC Sen. Dan Clodfelter appears to have votes for Charlotte mayor
With hours to go before the vote, State Sen. Dan Clodfelter appeared to be the favorite to be named Charlotte’s next mayor. The City Council is scheduled to meet at 6 p.m. Monday to make a selection. News Observer
Submitted 1 years 311 days ago

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N.C. business owners are more upbeat these days
North Carolina business owners are more optimistic about their company’s prospects and are more likely to hire new employees than they were six months ago, according to a new survey from PNC Financial Services Group. “The business mood has improved from the fall,” said PNC economist Mekael Teshome. “The improvement is significant ... but it’s not large enough to suggest some massive breakthrough.” Of the 151 owners of small and midsized businesses surveyed in North Carolina, 47 percent expect sales to increase, up from 34 percent in the fall. Similarly, 39 percent anticipate increased profits, versus 32 percent previously. Charlotte Observer
Submitted 1 years 311 days ago

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Economists challenge state, local film incentives
TAMPA — State and local governments around the nation are racing to outdo each other in handing out cash to lure movie and TV productions that are touted as major job creators. Backers point to studies by the motion picture industry that report a 5-1 return in increased tax revenues for every dollar spent on these subsidies. Tampa Tribune
Submitted 1 years 311 days ago

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Commercials are next big picture in Hillsborough, film agency says
TAMPA — They may not be as sexy as Bollywood or Hollywood movies being filmed in the area, but commercials may do more to boost Hillsborough County’s economy. “Feature films are great,” said Tyler Martinolich, production coordinator for the Tampa Hillsborough Film & Digital Media Commission. “They add a lot of money to our economy in a number of ways, but they can only employ so many people and are only here for maybe six months. Commercials, on the other hand, keep production crews employed 365 days a year.” Tampa Tribune
Submitted 1 years 311 days ago

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Everything is bigger in Texas, including bird-hunting trucks
SAN ANTONIO — Some look like a military vehicle ready for war. Others appear to be a slew of different vehicles welded together to create a sort of four-wheeled Frankenstein. But all of them are tricked out rides that Texas hunters use to hunt down quail, in style. Houston Chronicle
Submitted 1 years 311 days ago

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5 signs US job market may finally be accelerating
WASHINGTON (AP) — Few people responded to the March jobs report with high-fives and cheers. But there may be reasons to applaud in the months ahead. Hiring in March was close to the economic recovery's steady but hardly explosive monthly average of the past two years: 192,000 added jobs. The unemployment rate remained 6.7 percent for a second straight month, according to the government's report Friday. Houston Chronicle
Submitted 1 years 311 days ago

 

 

 

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 Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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