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If States Don't Make Carbon-Cutting Plans, the Feds Will Do It for Them
The Obama administration is delaying rules aimed at curbing carbon emissions from power plants and will write a separate implementation plan for states that have threatened to refuse to submit their own. Governing.com
Submitted 1 years 333 days ago

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Look At How Cheap Gas Is Everywhere
It's not just your town: Gasoline is cheap pretty much all over the country. The map below, from gas-price tracker GasBuddy.com, shows the average price per gallon of regular unleaded gasoline in each U.S. county. See that big sea of green in the middle of the country? That's where gas is about $2 or less. Huffington Post
Submitted 1 years 333 days ago

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In Final State of the Commonwealth, Kentucky Governor Focuses on Jobs, Health
Democratic Gov. Steve Beshear gave his eighth and final State of the Commonwealth Address to lawmakers Wednesday night, boasting of the progress Kentucky has made since he took office and delivering his wish list for the 2015 General Assembly. Governing.com
Submitted 1 years 333 days ago

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Despite plunging oil prices, Gulf on brink of boom
PORT FOURCHON, La. – Whoever is warning that slumping crude prices will curb oil production hasn't told the tenants of this bustling oil port. Shreveport Times
Submitted 1 years 333 days ago

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New Orleans Is The First City To End Homelessness Among Veterans
New Orleans has met its goal of housing all of its homeless veterans by the end of 2014, a year ahead of the national goal set by Michelle Obama in her challenge to state and local leaders across the country. Think Progress
Submitted 1 years 333 days ago

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McConnell Hints at Possible New ‘Grand Bargain’ With Obama
In his first major speech since becoming the new Senate Majority Leader, Mitch McConnell (R-KY) challenged President Obama to work with him on an ambitious agenda that would go well beyond tax reform, trade and increased infrastructure spending. In a Wednesday morning floor speech, McConnell outlined a far more ambitious plan that hints at a “Grand Bargain” including Social Security and Medicare reforms as well as steps to achieve a balanced budget. The Fiscal Times
Submitted 1 years 333 days ago

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McConnell on the economy: You’re welcome
Senate Majority Leader Mitch McConnell has a message for Americans reveling in a spate of encouraging news on jobs, gas prices, economic growth, and insurance coverage: You’re welcome. MSNBC
Submitted 1 years 333 days ago

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FCC’s Tom Wheeler in step with Barack Obama on net neutrality
FCC Chairman Tom Wheeler offered his strongest endorsement to date of tough net neutrality rules, aligning himself with President Barack Obama’s vision for an open Internet. Speaking here at the 2015 International CES tech trade show, Wheeler repeatedly hinted he favors reclassification of broadband as a public utility, which would subject Internet providers to some of the same rules that govern old phone companies. The approach is already drawing heavy fire from Republicans and telecom giants who warn it will lead to burdensome regulation. Politico
Submitted 1 years 333 days ago

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Jeb to come clean
As he lays the groundwork for a likely presidential campaign, Jeb Bush is prepared to make an early disclosure of a decade or more of personal tax returns, according to people close to the former Florida governor. The effort is meant in large part to eliminate comparisons to 2012 Republican nominee Mitt Romney, who waited until September of 2012 to release just two years of tax returns after months of pressure from Democrats and even members of his own party to be more open about his extensive wealth. Politico
Submitted 1 years 333 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 333 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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