May 2019

Are ESOPs in Your Business Retention Toolkit?

Written By Lawrence Bivins & Patrick McHugh, PhD   In both good times and bad, communities rely on a diverse blend of small, medium and large employers for economic stability and growth. Moreover, the International Economic Development Council (IEDC) has long claimed that 80% of net job-creation...

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Chicago’s Hemorrhaging Housing Market

Spring 2019   Rural America isn’t alone in suffering net population losses. A recent Bloomberg study of metro-area migration data found that the City of Chicago had a net loss of 155,000 residents in 2017. Those leaving aren’t just older and wealthy: Chicago ranks as the nation’s...

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US Manufacturing Sector Running Out of Steam

There is increasing evidence of lackluster growth in US manufacturing, with output in the sector contracting in each of the past four months. Regions Bank Chief Economist Richard Moody anticipates continued headwinds for the nation’s factory sector due in part to fallout from US-China trade...

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Legislation Advances Several NCEDA Policy Priorities

A number of bills supporting of NCEDA’S ambitious 2019 legislative priorities are gathering positive momentum. Lawmakers have taken action on broadband, workforce development and economic incentives, issues that align with the organization’s public policy objectives.   “We are pleased at the progress for the NCEDA agenda, and...

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Western Regional Luncheon Recap

The 2019 Western Regional Luncheon (the first one ever hosted by NCEDA!) was a great success with over 75 members and regional leaders in attendance. This event, sponsored by Dominion Energy, was held at the Biltmore Estate last week.   Attendees heard welcoming remarks from two members...

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Rural Broadband in NC: A New Season or More Reruns?

NC Rep. Josh Dobson (R-McDowell) feels the frustration of constituents who expect the North Carolina General Assembly to find solutions to address gaps in rural Internet service. “I hear on a weekly basis, ‘What are you going to do about broadband?’” Disparities across the state...

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The Next Frontier for Hemp

Since the first hemp field was planted in North Carolina in 2016, experts have learned much about the plant’s commercial potential. More than 95 percent of the hemp grown in North Carolina is for Cannabidiol (“CBD”) production, a non-intoxicating compound with numerous medicinal qualities. But...

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How to Receive Incentives for Corporate Projects

How can CEOs help ensure corporate site selection teams pursuing incentives are optimizing the financial outcome for the company while considering the views of local stakeholders? Darin Buelow, Principal and Real Estate and Location Strategy practice leader at Deloitte Consulting, offers tips from his more...

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