Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
-5
Likes

Study: Oil spill caused $585 million in losses for recreational fishermen
The dollar figure recreational fishermen lost as a result of canceled trips after the oil spill in the Gulf of Mexico is around $585 million, according to a report by the Gainesville Sun. The article details the findings of a study conducted by researchers from a number of universities, including the University of Florida. Scientists used data from the National Oceanic and Atmospheric Administration, as well as location preferences to put a dollar amount on the combined loss. AL.com
Submitted 1 years 342 days ago

1
Likes

Agency can look at rig owner’s role in oil spill
NEW ORLEANS — A federal appeals court in New Orleans has upheld a federal safety board’s right to investigate the role of Transocean Deepwater Drilling Corp. in the 2010 Gulf of Mexico oil disaster. Fuel Fix
Submitted 1 years 342 days ago

-1
Likes

Here's How Unfair The Tax System Is In Each State
Most people don't love paying taxes, though they agree on the need to fork over some money to keep the government running. But what type of system do Americans consider fair? And which states adhere most closely to that system? That's exactly what WalletHub, a personal finance website, tried to figure out in a recent study. The site conducted a nationally representative survey of 1,050 Americans, asking them what levels of state and local taxes they find to be most fair for income taxes, sales and excise taxes, and property taxes. The organization's analysts then compared the results to the actual tax structures in each state to develop a 50-state ranking by fairness. In particular, one trend emerged: The tax systems in liberal states tended to be slightly closer to what Americans consider fair than those in conservative states. So how fair is your state? Huffington Post
Submitted 1 years 342 days ago

11
Likes

Ted Cruz, Jeff Sessions Ploy To Snare Dems Fails
WASHINGTON -- Republican Sens. Jeff Sessions of Alabama and Ted Cruz of Texas made a failed attempt on Thursday get vulnerable Democrats on the record supporting so-called "amnesty" for undocumented immigrants. The senators engaged in a procedural maneuver that would have allowed a subsequent vote on a bill from Cruz to block protections for undocumented immigrants. Cruz and Sessions challenged red-state Democrats in particular to join them in opposing President Barack Obama's executive action on immigration, which he recently delayed after pleas from some members of his party, who said it could hurt their chances in the midterm elections. Huffington Post
Submitted 1 years 342 days ago

0
Likes

Smart traffic lights could be our salvation, Scotland vs. Texas secession, the South’s secret of success, and more
The smaller misc items have been piling up fast last week… The Wall Street Journal gives national coverage to Judge Emmett’s plan to make the Astrodome and indoor park. I am generally not a fan of Paul Krugman at the NYT, but I’ve got to give him credit for getting this issue at least partially right. I think Texas’ pro-business policies also help, but affordable housing is one of the biggest keys to our success (which relates back to not having strangling government regulations on construction!). Houston Chronicle
Submitted 1 years 342 days ago

0
Likes

Scotland has nothing on the U.S. when it comes to secession movements
WASHINGTON, D.C. - The Scots go to the polls Thursday to decide whether they will secede from the United Kingdom, but you don’t have to cross “the pond” to find secession movements. We’ve got plenty right here in the U.S. of A. to keep us busy (or entertained.) Beyond the big one - when the South seceded from the North - the U.S. has a rich history of those seeking independence. 10news.com
Submitted 1 years 342 days ago

-8
Likes

1 In 4 Americans Open To Secession
The failed Scottish vote to pull out from the United Kingdom stirred secessionist hopes for some in the United States, where almost a quarter of people are open to their states leaving the union, a new Reuters/Ipsos poll found. Some 23.9 percent of Americans polled from Aug. 23 through Sept. 16 said they strongly supported or tended to support the idea of their state breaking away, while 53.3 percent of the 8,952 respondents strongly opposed or tended to oppose the notion. Huffington Post
Submitted 1 years 342 days ago

0
Likes

Volkswagen kickstarting expansion for Tennessee SUV production
Volkswagen’s $900 million expansion to build a sport utility vehicle at its Chattanooga plant is off and running, with new construction to the factory’s body shop, assembly finish area and technical center up first. columbiadailyherald.com
Submitted 1 years 342 days ago

0
Likes

The Changing Geography of the American Auto Industry
An ancient Greek philosopher once commented that there is nothing permanent except change. This is certainly true of the American auto industry, which has been transformed over the past three decades. The companies making vehicles in America changed, and the location of auto production also changed. Future change in the industry could impact its manufacturing geography once again. Area Development
Submitted 1 years 342 days ago

0
Likes

The 'new Detroit' has a decidedly Mexican accent
AGUASCALIENTES, MEXICO — It might be a stretch to describe Aguascalientes in north-central Mexico as the new Detroit. But it wouldn’t be a huge stretch. Mexico’s automotive sector is at full throttle, and Aguascalientes is one of several cities primed by foreign car manufacturers to rev its engines. Once a sleepy railway crossroads, Aguascalientes now has two massive auto plants and a third on the way. This is making it what one national newspaper called a “mini-Detroit.” Christian Science Monitor
Submitted 1 years 342 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.
 


 

 

http://www.augustaeda.org
Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2016 Randle Report
All of the South's Business and Political News in One Place
Login