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Is Business Spending Finally Picking Up
Business spending has been a real drag through the entirety of the recovery. The so-called “corporate savings glut” has left many wondering if businesses will spend and invest and drive the economic machine like they usually do. Business Insider
Submitted 2 years 133 days ago

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Savannah film office director suspended, SpongeBob project eyed
The director of Savannah's Film Services Office has been suspended and there’s speculation it has something to do with the filming in the city of “SpongeBob SquarePants 2.” Atlanta Business Journal
Submitted 2 years 133 days ago

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U.S. Manufacturing Jobs Show Growing Signs Of Improvement As China's Role As The World's Labor Force Ebbs
China’s reign as workshop for the world is waning, and many American companies are starting to bring factories back to the U.S. due to China’s rapid wage increases in recent years. ibtimes.com
Submitted 2 years 133 days ago

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You Might Not Realize How Impressive The Rate Of Layoffs Is Right Now
It's well-known that job creation has been pretty mediocre, basically ever since the recession ended. Every time we get a couple months in a row, and some optimism that a new, accelerated pace of growth is here, the numbers inevitably disappoint. Business Insider
Submitted 2 years 133 days ago

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Economic Development = Equal Rights for Women?
Economic growth doesn’t automatically lead to more equal rights for women, especially in middle- and high-income countries, according to new World Bank Group research that examines women’s legal and economic rights in 100 countries over a 50-year period. worldbank.org
Submitted 2 years 133 days ago

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Nearly Four In Ten American Workers Are Living Paycheck To Paycheck Each Week
A huge proportion of the working population is under constant, acute, and psychologically damaging financial stress. Think Progress
Submitted 2 years 133 days ago

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Construction begins on new downtown Louisville hotel
LOUISVILLE, Ky. -– Construction has begun on a new Hilton Garden Inn in downtown Louisville, City Properties Group and First Hospitality Group announced Thursday. Louisville Mayor Greg Fischer and Councilman David Tandy joined the developers in breaking ground on the new hotel at the corner of 4th and Chestnut Streets downtown. Lane Report
Submitted 2 years 133 days ago

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Why logistics is a high-growth industry in the Triad
How does Amazon ship a book to your doorstep on the same day you ordered it? The answer is logistics, which involves multiple parties involved in the movement and management of goods to their final destination industry. Logistics isn’t the most well-known industry or the easiest one to define. Triangle Business Journal
Submitted 2 years 133 days ago

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Jim DeMint, Congressional Republicans' Shadow Speaker
When Congress adjourned for its August recess this year, most members avoided the town hall meetings that were once the standard venue for hearing from constituents. They were too afraid. Ever since activists opposed to President Obama’s health-care bill ambushed lawmakers in August 2009, few members are willing to risk a confrontation being immortalized on YouTube (GOOG)—or, worse, Fox News (FOXA). Trips home are now carefully choreographed affairs that limit spontaneous voter contact. Businessweek
Submitted 2 years 133 days ago

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Mayor Eddie Lowe is changing minds about Phenix City
PHENIX CITY, Ala. - November 5, 2013 will mark the one year anniversary of the day Eddie Lowe was sworn-in as Phenix City's first black mayor. wrbl.com
Submitted 2 years 133 days ago

 

 

 

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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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