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Economic outlook forecasts fewer new Texas jobs in 2015
In recent years, Texas has led the nation in job creation, with Midland and Odessa frequently outpacing major metropolitan areas like Dallas and Houston. mrt.com
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The Wrong Way to Keep Cops and Firefighters on the Job
The systems we live under vary from place to place, but no system can change the human impulse to shift problems to someone else. Yet another example of this comes from Dallas, where the Police and Fire Pension System has indefinitely suspended admission to its breathtakingly costly Deferred Retirement Option Plan (DROP) beginning on April 1. Governing.com
Submitted yesterday

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With energy glut, why no break on electricity?
American families should save about $550 on gasoline this year, thanks largely to the sharp drop in oil prices. But we’re still waiting for a windfall from natural gas. Most power plants in Texas burn natural gas, which effectively sets rates in the state’s deregulated electricity markets, including Dallas. Dallas Morning News
Submitted yesterday

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Bill Johnson Takes Over as CEO of Enterprise Florida
Bill Johnson, well-known throughout the Sunshine State for his leadership of Miami’s port, was chosen on Thursday to replace outgoing state Commerce Secretary Gray Swoope as CEO of Enterprise Florida, the public-private partnership focused on expanding economic development. After leaving PortMiami, Johnson took over as director of the Miami-Dade Water and Sewer Department. Sunshine State News
Submitted yesterday

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Failure to Launch: Republicans returned to their war on Obamacare on Thursday. It didn’t go well.
ow that Republicans are in control of both chambers of Congress, the push to slay Obamacare by a thousand cuts is officially underway. But if the first stab is any indication, Republicans are going to need some sharper knives. Slate
Submitted yesterday

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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.
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VIDEO: POLITICO Playback


Politico
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Breaking down who earns the minimum wage
President Barack Obama on Wednesday urged Congress again to raise the federal minimum wage, touting the proposal as an important step in helping millions of families. “To everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, try it,” the president said in his State of the Union address. “If not, vote to give millions of the hardest-working people in America a raise.” Marketwatch
Submitted yesterday

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Public-sector workers five times more likely to be part of a union
Public-sector employees are more than five times more likely to be part of a union than their private-sector counterparts, according to the latest data released Friday. The Labor Department reported that public-sector workers had a union membership rate of 35.7%, compared to the 6.6% level for private-sector workers. Marketwactch
Submitted yesterday

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Do You Stare At A Screen All Day? Here Are 5 Things You Can Do To Save Your Eyesight
Most of us are aware that staring at a screen all day makes our eyes feel dry, tired, and irritated — with potentially harmful longterm consequences — but we also know that our jobs frequently require us to sit in front of a computer. Business Insider
Submitted yesterday

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Just look around at what's happening in the aerospace industry in the American South. Aerospace is really making a move to become one of the region's top two industry sectors. It’s not there yet, but if large project counts are any indication, aerospace may soon challenge the petrochemicals sector as the second largest industry in the region. Never before has the aerospace industry been so important to the South's economy. Oh, what's the No. 1 industry sector in the South? Automotive is, of course. That industry hasn't been challenged much for 25 years in this region, or since we’ve been counting.

 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
This is our annual "Made in the South" issue and it's timely because there is a new player in the South's manufacturing universe. For almost two decades, economic developers and politicos in the South and the U.S. have been chasing Chinese projects with little or nothing to show. Want proof we've been chasing ghosts in China for years? Okay, go ahead and name a Chinese brand that's made in the South? Tick. . .tick. . .tick. Give up?
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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