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Messina dismisses doubts about Obama chances of winning North Carolina
CHICAGO — President Obama’s campaign manager dismissed suggestions that it was a mistake for Democrats to hold their national convention in North Carolina, saying he has “zero” regrets about the decision. In a wide-ranging interview with The Hill on Wednesday, Jim Messina insisted the president can win North Carolina despite low approval ratings there and recent polls that have indicated his support in the state is waning. The Hill
Submitted 1 years 340 days ago

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Economy still shows signs of recovery
WASHINGTON — (AP) Maybe the U.S. economy’s strength this winter wasn’t just weather-related after all. Home construction is near a three-year high. And factory output has risen in three of the year’s first four months. The data suggest growth in the April-June quarter is off to a good start, helped by falling gas prices and solid hiring gains. “It’s all very encouraging,” said Paul Ashworth, chief U.S. economist at Capital Economics. “Things look good at the moment.” Montgomery Advertiser
Submitted 1 years 340 days ago

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ThyssenKrupp announcement no threat to Mobile plant, state leader says
MOBILE, Alabama -- ThyssenKrupp AG's announcement that it will consider selling its north Mobile County steel plant is no threat to the jobs and operation there, a state economic leader said today. Alabama Department of Commerce Secretary Greg Canfield said in a statement that he spoke with company officials, and "in our conversations, it is clear that the $5 billion investment which ThyssenKrupp made in Alabama will continue to hold a leading position in the market in terms of technology and product quality." Mobile Press-Register
Submitted 1 years 340 days ago

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Thank God An American Recovery
There are unmistakable signs that the U.S. ­economy is recovering from recession, and I strongly believe it will be ­charging ahead by the end of the year. This is a natural recovery, not one produced by government intervention. A large capitalist economy operating in a free country has an inherent propensity to work its way out of a recession, provided the people in charge of the country don’t do anything particularly foolish to prevent it. Forbes
Submitted 1 years 340 days ago

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The South's Best Economic Development Law Firms
If your company is undergoing a site search in the American South, this digital magazine of the South's best economic development law firms is a valuable asset. Southern Business & Development magazine recently conducted a survey of the region's economic development community and the results of the survey can be found in this digital magazine. Find out which law firms are considered the best in the practice of economic development. Click on the headline above. SB&D
Submitted 1 years 340 days ago

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POLITICO Playback


Submitted 1 years 340 days ago

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Jim DeMint's win-loss record
After state Sen. Deb Fischer, the upset winner in Nebraska’s GOP Senate primary, it’s Sen. Jim DeMint who’s come under the most scrutiny since Tuesday. Nebraska GOP Sen. Mike Johanns told POLITICO’s Manu Raju that DeMint did more harm than good by pouring $1.4 million into the state on behalf of third-place finisher Don Stenberg. The New York Times focuses today on the backlash against DeMint among his colleagues for his role in that race, and revisits two Senate seats that eluded GOP grasp in 2010 in part because of the flawed candidates that DeMint’s operation helped nominate against the national party’s wishes. Politico
Submitted 1 years 340 days ago

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Florida: 53K dead people on voter rolls
As many as 53,000 dead people and 182,000 non-U.S. citizens may be registered to vote in Florida, and state officials are reportedly pushing local election supervisors to remove the ineligible voters as the critical 2012 elections near. State officials recently sent supervisors a list of more than 2,600 registered voters who, though legal Floridians, are ineligible to vote, The Associated Press reported. But that number pales in comparison to the possibly 182,000 non-U.S. citizens that officials are asking the state’s 67 county election offices to investigate and, in confirmed cases, remove from voter rolls. Politico
Submitted 1 years 340 days ago

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A change, we hope: How far Republicans have to go in changing Montgomery’s culture
On Nov. 2, 2010, Alabama Republicans achieved a tremendous victory, holding on to the governor’s office and gaining majorities in both houses of the Legislature, a first since the days of Reconstruction. It was a change a long time in the making, as Democrats continued their decades-long slide in popularity among Southern voters. Helping the Republicans’ cause were Montgomery Democrats who had grown way too comfortable in their positions of power. Anniston Star
Submitted 1 years 340 days ago

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Survey shows Fla. real estate outlook improving
GAINESVILLE, Fla. — (AP) A survey of real estate professionals shows Florida's market outlook improved in the first quarter of 2012. The University of Florida released the results this week. Respondents said they felt optimistic because of the falling unemployment rate and increased activity in rental housing. Florida's jobless rate dropped from 9.9 percent in December to 9 percent in March. The university's Commercial Real Estate Sentiment Index reached its highest level since 2007. It measures respondents' own business outlook. Palm Beach Post
Submitted 1 years 340 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour.

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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