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Average air fares hit record high
If you thought the arrival of Southwest Airlines in Atlanta would bring lower fares for everyone, you may be disappointed with the initial figures. In fact, the average domestic air fare in Atlanta hit a record high of $392.29 in the first quarter of 2012, up 8.9 percent year-over-year, according to U.S. Bureau of Transportation Statistics figures, not adjusted for inflation. The local average was higher than the national average domestic fare of $372.75, which was up 4.8 percent year-over-year and was also a record. For Atlanta, it was the second straight quarter of record fares. Dallas-based Southwest closed its acquisition of AirTran more than a year ago and has been controlling AirTran fares since well before beginning flights into Atlanta Feb. 12. Atlanta Journal-Constitution
Submitted 2 years 146 days ago

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POLITICO Playback


Submitted 2 years 146 days ago

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Gov. Nikki Haley vs. The State
South Carolina Gov. Nikki Haley has been having it out with local newspaper The State in recent days following a story about her 14-year-old daughter's employment at the Statehouse gift shop -- which, State reporter Gina Smith wrote, raises "questions about nepotism that the governor’s office declines to answer." The State finally decided to run the highly anticipated story today, though the Governor's office got a jump on the story after it was prematurely published online by some local McClatchy newspapers, which subsequently pulled the article. Politico
Submitted 2 years 146 days ago

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Economic development incentives approved for 3 companies considering Louisville, Ky.
Three companies considering Louisville for expansions or new locations were preliminarily approved for economic development incentives at this morning’s meeting of the Kentucky Economic Development Finance Authority (KEDFA). The projects could create 43 new jobs, $1.8 million in new annual payroll and $8.6 million in new investment. The Lane Report
Submitted 2 years 146 days ago

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Okaloosa leading race for Florida economic development funds
NICEVILLE — Okaloosa County “will certainly receive a disproportionate share” of $10 million set aside by the state this year to encourage economic diversification in eight Northwest Florida counties. That, Rick Harper told local business people Thursday at Northwest Florida State College, is because the county’s Economic Development Council has pursued the funds more aggressively than similar groups in the region. NWF Daily News
Submitted 2 years 146 days ago

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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 1:45 pm CDT.
Submitted 2 years 146 days ago

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A Better Way To Finance Public Projects
In a local newspaper I recently read an article regarding how a school district was looking to “refinance” their outstanding bonds in an effort to reduce the interest burden on their debt. In the same issue I read how another school district expends nearly $2,000,000 yearly just to pay the interest burden on their debt. Nation Of Change
Submitted 2 years 146 days ago

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Love Classic Republican Foreign Policy? Vote For Obama
Pundits and, for that matter, the Obama campaign were right to ding Mitt Romney’s foreign policy address Tuesday for banging the table instead of putting anything substantive on it. But what could Romney do? Obama has given him almost nothing to work with. Foreign affairs won’t decide the 2012 election, but, if it did, President Obama would win walking away. The New Republic
Submitted 2 years 146 days ago

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Legislative committees to hold hearing on Gulf oil spill settlement
BATON ROUGE -- Two legislative committees looking at the settlement and claims resulting from the BP Gulf oil spill disaster two years ago will hold hearings Aug. 3 at noon to get input from businesses and individuals affected by the federal court ruling which may cost the oil giant $7.8 billion. The House Select Committee on Oversight of the Deepwater Horizon Claims and the Senate Select Committee on Oversight of the Deepwater Horizon Claims will meet jointly in Grand Isle at the town's Multiplex Center, 3101 La. Hwy. 1. Times-Picayune
Submitted 2 years 146 days ago

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New News in New Orleans
National Public Radio, the University of New Orleans, and a group of business and community leaders will announce Friday the creation of a nonprofit newsroom to compete against the city's for-profit newspaper, the Times-Picayune. Wall Street Journal
Submitted 2 years 146 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

The America South is home to almost as many residents as the Northeast and the Midwest combined, but even that statistical record is about to be broken. According to a new Census Bureau study that came out in April, 51 percent of the nation's population jump occurred in the South from 2010 to 2013.
 

 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

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

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