News

  • Despite China Trade Tensions, Economists Expect Continued US Growth in 2019

    The US will continue to enjoy positive economic growth in 2019, though it will be somewhat slower than last year. “We’re going to continue to grow, but the pace of moving forward isn’t going to be as great,” said Mike Walden, an extension economist at......

  • This is the Most In-Demand Skill of 2019, According to LinkedIn

    Each year, LinkedIn analyzes job postings in order to distill the most in-demand hard and soft skills. The social media platform then tailors its online skills development offerings accordingly. What is the most in-demand soft skill in 2019? For the first time ever, it’s creativity.......

  • A Simple Proposal to Revive the American Dream

    Chicago has joined the states of Oregon, Rhode Island and Tennessee in experimenting with tuition-free community college education. Mayor Rahm Emanuel explains how the Star Scholarship program has boosted attainment of two-year degrees, especially among minority and first- generation college students. “More than a century......

  • Nashville Bill Would Mandate Affordable Housing Payment When Incentives are Granted

    The Nashville (TN) city council is considering passage of an ordinance mandating the city make an automatic allocation to an affordable housing fund when awarding financial incentives to businesses. The move comes just as the council considers a $15 million incentive offer to Amazon for......

  • Economic Developers Among Those Attending Opportunity Zone Conference

    NCEDA was among several North Carolina groups that helped organize a day of discussions about Opportunity Zones, the new federal program intended to direct unrealized capital gains into low-wealth rural and urban economies. The Federal Reserve Bank of Richmond was the primary sponsor of the......

  • 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......

  • 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......

  • Marine Corps: $3.6B needed to repair Camp Lejeune damage from Hurricane Florence

    Hurricane Florence left behind approximately $3.6 billion of damage at Camp Lejeune, according to the Marine Corps Times. Roughly 31 structures will be demolished and replaced with new military construction, amounting to $2 billion. Repairs to existing buildings would cost $1.3 billion. Up to 70......

  • 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......

  • 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......