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The 10 Worst-Paying States for Women, See Which 3 Are in the South
In 2011, men working full-time earned a median of $48,765. Women earned just $38,373. That difference of more than $10,000 only tells part of the story of the continuing gender wage gap in this country. Depending on the industry, men in some states earn as much as $20,000 to $30,000 more a year than women. In some cases, the difference is even more. Men in corporate managerial positions earn roughly $35,000 more than women working full time in the same field. 24/7 Wall St.
Submitted 2 years 149 days ago

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Walker Machinery to add jobs with new underground mining division
CHARLESTON, W.Va. -- The parent company of Walker Machinery will hire about a dozen new employees over the next several months as part of its purchase of an underground mining equipment distribution and support business from Caterpillar Inc. Charleston Gazette
Submitted 2 years 149 days ago

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Port of Hampton Roads will get big bump in cargo from New York
The port of Hampton Roads expects to get a significant amount of diverted cargo from the Port of New York and New Jersey, which remained closed Wednesday and still without power in the wake of Hurricane Sandy. The Virginian-Pilot
Submitted 2 years 149 days ago

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Celanese Corporation Invests $150 Million To Transform Its Virginia Manufacturing Plant
Celanese Corporation, a technology and specialty materials company, will invest $150 million to transform and upgrade its Giles County, Virginia, manufacturing plant. Area Development
Submitted 2 years 149 days ago

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Atlanta's Spelman College chooses fitness over athletics
ATLANTA — Sports began on American college campuses as a way for students to blow off steam and be healthy. Over the last century and a half, athletics have transformed into something very different: a handful of elite athletes, showered with resources and coaching, competing against other schools while the rest of the student body cheers from the stands. Atlanta Journal Constitution
Submitted 2 years 149 days ago

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Jacksonville remains murder capital of Florida
Duval County is back in the lead again when it comes to murder rates in Florida. On Thursday, the Florida Department of Law Enforcement released data showing that per capita, Duval County had the highest murder rate in the state among high population counties. Florida Times-Union
Submitted 2 years 149 days ago

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Roanoke City names new Economic Development Director
Wayne Bowers has been named Director of the Department of Economic Development for the City of Roanoke. As Economic Development Director, Bowers will manage and direct all activities involving economic development for the city. wsls.com
Submitted 2 years 149 days ago

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Economic toll of Sandy: Damage second only to Katrina?
Economic impacts of superstorm Sandy are just starting to come into view, but what's clear is that they're big. The nation's economic capital, New York City, has been hobbled by electricity outages, floods, and damage to its massive subway system. From flooded Hoboken to wave-battered Atlantic City, the storm caused extensive structural damage in cities and towns along the coast of New Jersey. And across a multistate region, consumer activity was sidelined at least briefly by Sandy's winds, rains, and snows. Christian Science Monitor
Submitted 2 years 149 days ago

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October Jobs Report: U.S. Adds 171,000 Jobs As Unemployment Rate At 7.9 Percent
The U.S. economy added 171,000 jobs in October as the country's unemployment rate ticked up to 7.9 percent, the Labor Department said in a release Friday. August and September's numbers were additionally revised upwards: Huffington Post
Submitted 2 years 149 days ago

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Ala. Racist Language Measure Draws Unexpected Foes
State-mandated segregation is a thing of the past in Alabama, but the state's antiquated 1901 constitution paints a different picture. On Tuesday, Alabama voters will decide whether to strip language from the state's governing document that calls for poll taxes and separate schools for "white and colored." NPR
Submitted 2 years 149 days ago

 

 

 

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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