News

  • Report: Virus Puts Millions of Jobs at Risk; Economist Predicts ‘5 Digit’ Losses in NC

    Report: Virus Puts Millions of Jobs at Risk; Economist Predicts ‘5 Digit’ Losses in NC WRAL TechWire, March 17, 2020 North Carolina’s unemployment rate at the end of January was a scant 3.6 percent. But that figure is about to grow higher as the coronavirus......

  • Urgent Steps for the COVID-19 Battered Economy

    Urgent Steps for the COVID-19 Battered Economy Forbes, March 17, 2020 As precautions are taken to slow the spread of COVID-19 on US soil, a virtual lockdown is taking its toll on Americans’ income. To boost the economy, the Trump Administration has rolled out a......

  • An Unfair Ranking? Why Chatham’s ‘Most Favored’ Status Could Be Costing Siler City Millions

    An Unfair Ranking? Why Chatham’s ‘Most Favored’ Status Could Be Costing Siler City Millions Chatham News + Record, March 13, 2020 Economic developers are not the only ones dissatisfied with North Carolina’s Tier system. State Rep. Robert Reives II, who represents Chatham County in the......

  • House Approves Changes to Georgia Film Tax Credit

    House Approves Changes to Georgia Film Tax Credit The Center Square, March 13, 2020 Georgia’s generous system of film industry incentives is coming under the legislative microscope. The state’s House of Representatives passed HR 1037, which places new limits on the program and includes mandatory......

  • February ISM Manufacturing Index: Manufacturing Walks The (Fine) Line…

    February ISM Manufacturing Index: Manufacturing Walks The (Fine) Line… Regions Economic Update, March 2, 2020 The coronavirus has made the recent surge in US manufacturing short-lived. While the factory sector entered February with positive momentum after six months of contraction, the Institute for Supply Management’s......

  • Legislators Plan to Rein in Local Permitting for Developments

    Legislators Plan to Rein in Local Permitting for Developments Carolina Public Press, March 3, 2020 As affordable housing issues preoccupy many North Carolina communities, a state legislator intends to introduce a bill to “streamline” permitting for residential development and make guidelines more uniform across the......

  • Duke Trustees Review Regional Economic Development

    Duke Trustees Review Regional Economic Development Duke Today, February 29, 2020 Duke University has long been one of the nation’s most prestigious teaching and learning institutions. But increasingly the campus is turning its focus externally and considering how its immense intellectual capital can impact the......

  • USMCA Ratification Delayed in Canada

    USMCA Ratification Delayed in Canada Washington Examiner, February 14, 2020 Legislative bodies in the US and Mexico have already ratified the US, Mexico and Canada agreement on trade (“USMCA”), which the three countries negotiated last year to replace the 1993 North American Free Trade Agreement......

  • Hyde County to Receive $2.08 Million From Golden LEAF

    Hyde County to Receive $2.08 Million From Golden LEAF The Outer Banks Voice, February 13, 2020 As part of a nearly $3 million disaster recovery and economic development package for hurricane-impacted communities, Golden LEAF’s board of directors approved a $2.08 million grant to Hyde County......

  • Innovation Quarter Name Change Reflects Putting Community Projects to Forefront of Future Development

    Innovation Quarter Name Change Reflects Putting Community Projects to Forefront of Future Development Winston-Salem Journal, February 15, 2020 More than 90 companies have operations in the Wake Forest Innovation Quarter, the 1.2 million-square-foot complex of downtown Winston-Salem buildings initially assembled 25 years ago through a......