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Here Are The Biggest Companies By Revenue In Each State
Broadview based its map on revenue information from a Hoover's database of company profiles, and used the location of each company's corporate headquarters to determine which businesses "belonged" to which states. Huffington Post
Submitted 2 years 99 days ago

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GOP to push for tax cuts, but can Texas afford them?
AUSTIN — Leading state Republicans and some of their most vocal backers have turned up the volume in demanding tax cuts, as lawmakers anticipate a surplus about seven months before they return to Austin. Sen. Dan Patrick, the GOP nominee for lieutenant governor, has urged cuts in property and business taxes. Dallas Morning News
Submitted 2 years 99 days ago

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Texas a Testing Ground for Energy Storage
LANCASTER — No one at the equipment lot here would blame you for failing to notice the drab green box sitting across from the spare transformers. But the lithium ions inside that refrigerator-size container are part of a wave of energy storage technology that could help Texas revolutionize its electric grid. Texas Tribune
Submitted 2 years 99 days ago

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Is Nashville the nation’s next $100 billion city?
Nashville’s economy ranks as one of the fastest-growing in the country, joining other booming cities like Austin and San Jose, according to a new report on metro economies released Friday at the United States Conference of Mayors. The Tennessean
Submitted 2 years 99 days ago

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Ryman ready to seize on Nashville's tourism growth
Whether chairing the state's tourism committee, investing in a new restaurant or touting the accomplishments of Ryman Hospitality, no one is singing the praises of Nashville's booming tourism market more than CEO Colin Reed. The Tennessean
Submitted 2 years 99 days ago

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Metro Atlanta world’s 44th biggest economy
Behold the Kingdom of Metro Atlanta, an economic colossus muscling its way onto the global stage. Need proof? Atlanta Journal Constitution
Submitted 2 years 99 days ago

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House passes spending bill giving one littoral combat ship to Austal in 2015
MOBILE, Alabama -- House lawmakers passed their version of a defense spending authorization bill Friday, which included funding for just two littoral combat ships in 2015. Only one ship will be awarded to each of the competing shipyards, cutting in half the number of vessels being built for the U.S. Navy. AL.com
Submitted 2 years 99 days ago

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United States leads the way on imprisonment rate, and Alabama is doing its part (Story in six charts)
About half of the worldwide total prison population rests in three countries: the United States, China and Russia. But even among that group, the United States stands apart. AL.com
Submitted 2 years 99 days ago

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That's The Randle Report for Friday, June 20, 2014
Join us again on Monday morning for all of the American South's business, economic development and political news in real time and in one place. Use the sort buttons or the search window above to find your favorite stories from yesterday, last week, last month or last year. Click on the headline to access Southern Business & Development magazine.
Submitted 2 years 102 days ago

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Louisiana voted State of the Year by Southern Business & Development
Southern Business & Development magazine awarded Louisiana its 5th State of the Year award in six years. The publication also named Baton Rouge its 2014 Major Market of the Year award and Lake Charles its 2014 Mid-Market of the Year title. In a statement, Gov. Bobby Jindal said, "Being named State of the Year or Co-State of the Year by Southern Business & Development in five of the past six years is a tremendous accomplishment. But we know that we have more work to do. We are committed to working harder than ever to show the world that Louisiana is the new frontier for business opportunity." To determine Southern Business & Development's State of the Year, each state earns 10 points for each economic development project within the publication's top 100 economic development deals of the South. Projects outside the top 100 which include 200 or more jobs created or $30 million or more invested garners five points each for their states. Times-Picayune
Submitted 2 years 102 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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