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Solar and Wind Energy Start to Win on Price vs. Conventional Fuels
For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at a cost equal to conventional sources like coal and natural gas. That day appears to be dawning. New York Times
Submitted 1 years 307 days ago

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Why Nashville may give Piedmont Natural Gas 124 acres
City officials are in talks with Piedmont Natural Gas to give it 124 acres of city-owned land, after construction on the Nashville Sounds' new stadium resulted in some surprise work for the private utility. Nashville Business Journal
Submitted 1 years 307 days ago

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Lamest lame duck
GOP leaders had a grand vision for the new Congress: Focus on a bold conservative agenda — not last year’s business and the deadline-driven crises that have long dominated Washington. So much for that. Politico
Submitted 1 years 307 days ago

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Miami's Big Budget Problem
Miami-Dade County’s government thought it had finished with its 2015 budget in September after two months of rewriting, six town-hall style meetings and two public hearings that culminated with votes from county commissioners. Governing.com
Submitted 1 years 307 days ago

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U.S. labor secretary to Tennessee: Raise minimum wage
As U.S. Labor Secretary Thomas Perez toured Nashville business Letter Logic Wednesday, he said the employees he spoke with noted the culture of the business as their favorite part of their jobs. The culture of the transactional printing company includes employees earning at least $12 an hour, significantly higher than the $7.25 federal hourly minimum wage in place at many Tennessee businesses. The Tennessean
Submitted 1 years 307 days ago

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Tennessee’s tax code hinders pro-business objective
Tennessee’s government, business and civic leaders work hard to strengthen our state’s economy by attracting businesses and investment capital here. However, they are fighting an uphill battle against our tax code. The Tennessean
Submitted 1 years 307 days ago

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How Washington can renew U.S. manufacturing
Congress is back in Washington with the intent to get some key things done between now and the end of the year. One of those things needs to be making an investment in our economy by passing the Revitalizing American Manufacturing and Innovation (RAMI) Act, which would invest in a key segment of the U.S. economy: manufacturing. Here’s why. Fortune
Submitted 1 years 307 days ago

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Are Manufacturing Jobs Joining the “Walmart Economy?”
Manufacturing jobs were supposed to be the good jobs. They are, as the subtitle of a devastating new report from the National Employment Law Project points out, the jobs that “built America’s middle class”—enabling generations of workers without a college degree to raise their families with dignity and a middle-class standard of living. In recent decades, as the U.S. economy has lost manufacturing work to technological advance and off-shoring to other countries, the service sector has made up a growing share of American jobs. Demos.org
Submitted 1 years 307 days ago

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The Best of Times for Rick Scott
Rick Scott is signaling that he won’t be changing his stripes as he prepares for his second term, even as he heads into what should be his best days in office. Sunshine State News
Submitted 1 years 307 days ago

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Companies recruit for 1,000 tech jobs in Lafayette
LAFAYETTE — A recruitment and networking fair for job hunters interested in working with three information technology companies moving to Lafayette will be held from 4:30 p.m. to 6 p.m. Tuesday at Abdalla Hall. The Advocate reports the companies — CGI, Enquero and Perficient — plan to fill about 1,000 positions, including software programmers, business analysts and consultants, marketers, graphic designers and communications specialists. Neworleanscitybusiness.com/
Submitted 1 years 307 days ago

 

 

 

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.
 


 

 

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