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Congratulations to America’s eCities!
Google’s eCity Awards recognize the strongest online business community in each state. These cities’ businesses are using the web to find new customers, connect with existing customers and fuel their local economies.
Submitted 1 years 343 days ago

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10 states where foreclosures are soaring, see which 4 are Southern
The property market is improving and foreclosures are falling — except in these 10 markets. Some 317,171 U.S. properties had foreclosure filings in the third quarter, down 16% on the same period last year, according to real-estate website RealtyTrac. However, default notices in the third quarter increased from a year ago in certain states, including Indiana (up 59%), Oklahoma (up 49%), Massachusetts (up 38%), New Jersey (up 19%), Iowa (up 12%) and New York (up 2%). Marketwatch.com
Submitted 1 years 343 days ago

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Falling Oil Prices Are Good News For You And The Economy
As stock markets around the world have plummeted lately, you’d be forgiven for barely noticing a related and hugely important economic development: The price of oil has fallen even more than U.S. stocks, and gasoline prices are following. Huffington Post
Submitted 1 years 343 days ago

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Bill Clinton to Louisiana for Mary Landrieu
Former President Bill Clinton will campaign in Louisiana Monday with Democratic Sen. Mary Landrieu, joining the endangered incumbent in the state capital of Baton Rouge. Clinton, unlike President Barack Obama, can be an effective surrogate in the red Southern states where the Democratic majority hangs in the balance. Politico Politico
Submitted 1 years 343 days ago

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Paul makes big vow on black vote
Sen. Rand Paul tells POLITICO that the Republican presidential candidate in 2016 could capture one-third or more of the African-American vote by pushing criminal-justice reform, school choice and economic empowerment. “If Republicans have a clue and do this and go out and ask every African-American for their vote, I think we can transform an election in one cycle,” the Kentucky Republican said in a phone interview Thursday as he was driven through New Hampshire in a rental car. Politico
Submitted 1 years 343 days ago

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NOAA: Here's What's In Store For Winter All Over The US
This year's winter forecast is out, and it looks like California's record-breaking drought will continue to drag on — at least for the next few months. But for the rest of the country, the winter will be slightly milder than last year's, during which we discovered what the term polar vortex means. Business Insider
Submitted 1 years 343 days ago

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America's Fragmented Water Systems
The severe drought gripping the Western United States has put a national spotlight on America’s relationship to water. Indeed, the changing landscape of our nation’s water supply necessarily demands a critical look at our water sector and at opportunities to improve the way we regulate, price, and consume water. In this post, we explore the current state of the U.S. water sector and the challenges of a de-centralized system. Brookings.edu
Submitted 1 years 343 days ago

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Out to LUNCH
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 years 343 days ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 years 343 days ago

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The South's Best Gastropubs
Gastropubs, a portmanteau of “gastronomy” and “pub,” are a new hybrid of eating and drinking establishment rippling through the South. This genre of boisterous gathering spots, which originated in London in the early 1990s, meshes seamlessly with our region’s hottest food trends right now: local and seasonal; snout-to-tail whole-animal cooking; reconnection to our agrarian past; and a renewed celebration of artisan libations. All these elements play out in casual, tavern-like atmospheres, taking the pomp out of serious dining. Southernliving.com
Submitted 1 years 343 days ago

 

 

 

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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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