December 2018

Year-End Message from NCEDA President Mark Pope

In a few days, we’ll close the books on 2018 and eagerly welcome a new year with optimism and hope.   Headlines captured the disappointment this year when high-profile projects landed in competing states. But we also celebrated many wins – with Honeywell, Cognizant, Advanced Auto Parts...

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We Are Underinvesting in Human Capital

Human capital is the strategic asset in the modern global economy. In 2018, for the first time in US history, the number of unfilled positions in the US economy was greater than the number of unemployed individuals seeking employment. The US Department of Labor estimates...

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The Fed made the right call with rate hikes

When the Federal Reserve raised the federal-funds rate by a quarter of a percent, President Trump fumed and the S&P and Dow Jones plummeted. But the Fed made the right call. It alone has a responsibility to use rate hikes to ward off economic overheating...

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Networking Luncheon Focused on State’s FDI Prospects

Over 100 NCEDA members and guests attended a December 6 Networking Luncheon addressing the current state of foreign direct investment (FDI) into North Carolina. “The trade conflict is definitely impacting FDI flows from China,” said Korey Howard, senior international business development manager at the Economic...

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Small NC Cities Work to Fix Their Crumbling Sewer Systems

Municipalities across North Carolina have had an abundance of sewer overflows, caused in large part by aging wastewater systems that have gone unreplaced or unrepaired. Sewage and wastewater from overflows can contaminate streams, rivers, lakes, estuaries and beaches, causing water-quality problems and threatening drinking water...

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The Significance Of Investing In Opportunity Zones

Last month, the IRS released a set of regulations on Opportunity Zones, shedding light on the program - such as what qualifies as an opportunity fund, and other previously ambiguous requirements. With tax incentives offered within the Opportunity Zones program, the nation should see more...

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Even as the jobs market cools a bit, the outlook remains stellar

Last week’s release of November employment numbers showed disappointing numbers in the mining, private education, film and hospitality sectors. More encouraging were data highlighting significant growth in the nation’s labor force for a third straight month. Credit the increasingly aggressive efforts of employers to fill...

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