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Government Layoffs Have Been Undermining The Recovery For Five Years
State, local, and federal government payrolls shrank by 29,000 jobs in January, according to the Bureau of Labor Statistics data released Friday, continuing a damaging and historically unusual trend that has undermined the economic recovery throughout the past five years. Think Progress
Submitted 2 years 110 days ago

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Sabo USA: North Carolina Is Committed to the Automotive Industry


thrivenc.com
Submitted 2 years 110 days ago

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International Shipholding Corp. Relocates Headquarters Back To New Orleans, Louisiana
International Shipholding Corp. will relocate its corporate headquarters back to New Orleans, Louisiana, where the business was founded in 1947. After Hurricane Katrina, recovery challenges led the company, which operates a global fleet of waterborne cargo vessels, to move its headquarters to Mobile, Alabama. Area Development
Submitted 2 years 110 days ago

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WS Packaging Group Invests $43 Million To Expand Its Knoxville, Tennessee
WS Packaging Group, Inc. will invest $43 million to expand its current operations in Knoxville, Tennessee, by opening a new location in the PBR Building, located at 10215 Caneel Dr. In order to increase its operations to accommodate more industry market share, WS Packaging Group will also consolidate its Knoxville facilities to this more central location and create 231 new jobs. Area Development
Submitted 2 years 110 days ago

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Mondelez International Plans $130 Million Investment At Fair Lawn, Jersey-Richmond, Virginia, Manufacturing Campuses
Mondelez International, a manufacturer of brands such as Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum, plans to invest more than $130 million in new biscuit manufacturing technology and capabilities at its Fair Lawn, New Jersey and Richmond, Virginia, production centers. Area Development
Submitted 2 years 110 days ago

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US Engine Valve Expands Its Oconee County, South Carolina, Manufacturing Center
U.S. Engine Valve, a global automotive supplier of high-engineered valves, will invest $29.5 million to expand operations center in Westminster, South Carolina. The investment is expected to add at least 125 new jobs at the company's existing facility in Oconee County. Area Development
Submitted 2 years 110 days ago

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Yes, Rent Is Rising Much Faster in America's Tech Hubs, See Which are Southern
In the bitter debate over rising rents amid San Francisco's second tech boom, it's difficult to separate the one from the other. Does the presence of Google necessarily drive up rent? Are tech hubs and affordable housing mutually exclusive? If so, what does that mean not just for San Francisco, but also for Austin, and Raleigh, and Seattle? The Atlantic Cities
Submitted 2 years 110 days ago

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A Detailed Map of the Net Migration Flows for Every U.S. County
In a given year, about 6 percent of the U.S. population picks up and changes counties. Young families move from Chicago to the surrounding suburbs. Recent college graduates cross the country for a first job in Boston, or Washington, D.C. Retirees relocate for good down to the Sunbelt. If you could track all of these moves simultaneously across time, you'd get a picture of the parts of the country that are net population gainers, and those that are losing people instead. That picture would look like this: The Atlantic Cities
Submitted 2 years 110 days ago

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H-1 B-WARE
If there is one point about immigration above controversy, the cliché goes, it is the need for more high-skilled immigrants. Apploi CEO Adam Lewis called lifting the 65,000 per year cap on H-1B visas, which give work authorization to foreigners in “specialty” occupations, “an immigration fix we can agree on”; the Cato Institute’s Alex Nowrasteh called skilled immigration “the new common ground in the reform debate.” Weekly Spectator
Submitted 2 years 110 days ago

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What can be done about January’s disappointing jobs numbers?
The January jobs report is out, and it's a big disappointment. The economy added just 113,000 jobs in January, a big miss below the surveyed Wall Street estimate of 180,000 new jobs. That's little better than the disappointing 75,000 (revised up from 74,000) jobs that were added in December. The Week
Submitted 2 years 110 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
According to Chinese theory, yin is a passive, negative force and yang is an active, positive force. Chinese philosophers believe that the opposing forces aren't really contradictory. Instead, they are interconnected and complimentary, interacting to create a balance in one's life. 
 
 Nashville Mayour Karl Dean
The Annie E. Casey Foundation's KIDS COUNT report was released in the summer quarter. I try to read it every time it comes out since I find it to be the best indicator of child poverty, a statistic everyone involved in economic development needs to be aware of. The Annie E. Casey Foundation is a charity that supports disadvantaged children. 
 


 

 

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