News

  • Demography is the South’s Greatest Economic Threat, Randle Tells NCEDA Luncheon

    Mike Randle is a publisher, pioneer, pundit and entrepreneur. As founder and editor of Southern Business & Development, Randle has emerged as a go-to expert on the economy of the American South, commenting regularly not just in his own magazine and blogs but also for......

  • Workshop Explores Synergies Between Tourism Marketing and Economic Development

    There was a time when destination marketing organizations (DMOs) – i.e., tourism promotion bureaus – and economic development organizations operated in complete isolation of one another. Today, leading states and metro areas find ways the two can work together to spark synergies that support both......

  • With Talk of High-Speed Rail and Spilled Beer, Fall Conference Speakers Engage NCEDA Members

    Dynamic program topics, fine food and valuable opportunities for network-building were among the benefits enjoyed by over 300 NCEDA members and guests at the organization’s 2019 Fall Conference, held October 29-30 at the Renaissance Downtown Asheville.   Among those addressing the gathering was Commerce Secretary......

  • PCC Trustees Hear About the Importance of Short-term Workforce Education

    State funding for short-term workforce education and Career Coaches were two key NCEDA legislative priorities for 2019, pursued in partnership with the NC Community College System. The passage in late October of a “mini budget” (signed by Governor Cooper on November 1) moves resources into......

  • Ever Heard of a ‘Growth Recession’? That’s What May Be Coming, Not a 2008 Crash

    Concerns about a US economic downturn are increasing. Eleven years ago, the Great Recession left painful memories of low GDP growth, millions of lost jobs and business failures. But economists say not all recessions are the same, and many claim the world is already in......

  • Unanticipated Recessions (Commentary)

    Why are economists so bad at forecasting recessions? According to a 2011 Federal Reserve Bank study, most private economists and Fed staff failed to foresee the “Great Recession” – the greatest economic downturn since the 1930s. Dr. Richard Salsman, President & Chief Market Strategist at......

  • NC Should Embrace Legal Hemp as a Modern Cash Crop (Opinion)

    Some 70 percent of North Carolina voters support hemp cultivation as a means of boosting the economies of rural North Carolina. But state laws and law enforcement organizations impede progress, according to David Mayer, a Martin County farmer. The state’s climate and expertise in tobacco......

  • Help Wanted: Too Many Jobs and Not Enough Workers in Most States

    In 39 states, there are more jobs than people looking for them, according to employment data derived from the US Bureau of Labor Statistics. North Carolina had the highest job openings rate, with 5.7% of all jobs unfilled. Missouri, North Dakota and Virginia followed close......

  • NC Attorney General Recommends Hiring Ex-cons as ‘Exceptionally Motivated’ Workforce

    Over 22,000 inmates are released from North Carolina correctional facilities each year, and they comprise a hidden workforce pool that employers shouldn’t overlook. “We have a tight labor market, and people leaving prison are exceptionally motivated to get a job,” NC Attorney General Josh Stein......

  • Wilmington Luncheon Recap

    Over 40 attendees participated in the 2019 Eastern Regional Networking Luncheon presented by ECS Southeast, that was held September 26 in Wilmington. Luncheon attendees heard a compelling presentation by veteran economic development leader Penny Whiteheart, who facilitated a discussion on how to get maximum benefits......