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ome of High Point's leaders are advancing a plan that would place a multipurpose stadium somewhere downtown, even though the city does not host a minor league professional sports team.
Governor Pat McCrory announced today that the North Carolina Rural Infrastructure Authority (RIA) approved 19 grant and loan requests totaling $5,153,475.
North Carolina's public employees retirement system is underfunded, bled more than $2 billion in red ink in the most recent 12-month period reported, and is outperformed by most other states, data show.
Governor Pat McCrory and Department of Commerce Secretary John E. Skvarla III announced today that visitor spending has increased in all regions of North Carolina.
The 2016 N.C. legislative session was short, but full of significant action: limiting the growth of government, cutting taxes, paying down debt, building savings, raising teacher pay by almost 5 percent, protecting property rights, and continuing the momentum toward economic growth
A recommendation that the state might impose ethics-related restrictions on secondary employment and corporate board memberships on the state treasurer - and possibly other Council of State officers - drew a mixed response from those officials
The success story of North Carolina's economy is in front of a world-wide audience, featured in a multi-page profile headlined North Carolina
Maybe it was a Freudian slip? During a recent appearance at an event hosted by the N.C. Chamber of Commerce, Roy Cooper praised North Carolina's economy under Governor McCrory, admitting that North Carolina is the best state in the country for business and the state is now in a good position for fut
North Carolina has been voted the #3 best state for business for the second year in a row, according to an annual survey of CEOs conducted by Chief Executive Magazine released today
Since 2013, North Carolina has the #1 fastest growing economy in the nation, according to the latest data released by the U.S. Department of Commerce Bureau of Economic Analysis
As the 2016 general election unfolds in North Carolina, you should expect to hear a lot about how the state's economy has fared under Republican governance in Raleigh.
During his March 11 campaign stop in Raleigh, Democratic presidential hopeful U.S. Sen. Bernie Sanders, D-Vt., warned of planetary devastation from climate change unless the world shifts from fossil fuel-based energy to renewable forms of power
More military veterans are choosing to make North Carolina their home, thanks, in part, to efforts by Governor Pat McCrory to make North Carolina the most veteran friendly state in the nation.
If you're thinking North Carolina is getting a bit more crowded, then you're right. State ranks ninth in population and is adding almost 300 new residents daily.
It's no secret that America's economy hasn't been growing as quickly as anyone would like since the official end of the Great Recession
Over the next 12 months, expect to hear a great deal about the "Carolina Comeback." It will be the reelection theme for Gov. Pat McCrory and other Republican leaders.
Governor Pat McCrory celebrated the contributions of local small businesses by proclaiming Saturday, November 28, 2015, as Small Business Saturday in North Carolina.
Entrepreneurship programs are spreading rapidly across America and are attracting a growing number of students. But one question keeps coming up: Is it really possible to teach entrepreneurship?
Over the past five years, North Carolina has become a more attractive place to work, live, invest, and do business.
A new, groundbreaking report from Beacon Hill economists estimated that in 2015 state regulations cost North Carolina's economy at minimum $3.1 billion and possibly as much as $25.5 billion.
In the face of defeat, claim victory anyway. That's what state bureaucrats in charge of meddling with North Carolina's economy are doing in light of a recent report that suggests their meddling has produced dismal results.
As an economist and a leading conservative, Arthur Brooks heads the American Enterprise Institute. He also champions an important argument many on the right shy away from: Conservatism is morally superior to any other political ideology, for it accomplishments have helped more people than any of...
North Carolina's largest cities dealt with nearly 240 economic development contracts and promised $65 million in incentives from 2009 to 2014
As the next president of the United States sits down for the first time in the Oval Office, the top item on his to-do list might involve policies designed to boost a sluggish economy. Or perhaps she will survey the international landscape and focus on efforts to crush ISIS and contain Russian and...
Former Florida Gov. and Republican presidential candidate Jeb Bush on Wednesday outlined his economic plan, a proposal he said would lift the economy out of the post-recession "new normal" and "lift up everybody."
I have never been a fan of the Fair Tax, a proposal to abolish the income tax and substitute a national sales tax. My opposition has nothing to do with the merits of a national sales tax as opposed to an income tax per se. Clearly, as an economist, I agree that the proper and most efficient tax...
Many of the controversies roiling public education are traceable to a system that assigns students to schools based on where they live. One North Carolina community that is working hard to remedy this problem through expanding educational opportunity is the town of Wake Forest.
Likely North Carolina voters overwhelmingly favor a measure to restrain the growth rate of state spending. According to the April 2011 Civitas Institute poll, 67 percent of respondents support the ideas contained in HB 188 - which would limit the growth rate of the state budget to a formula based...
North Carolina's economy grew slower in 2014 than in 2013, according to data released last week by the U.S. Bureau of Economic Analysis.
Today, Governor Pat McCrory launched a new website about the Connect NC bond proposal.
Governor Pat McCrory announced today very positive news for the state of North Carolina, which includes an estimated revenue surplus of approximately $400 million dollars for the current fiscal year which ends June 30. Previous consensus budget forecasts predicted a revenue shortfall of...
Governor Pat McCrory announced today he is nominating Revenue Secretary Lyons Gray to the North Carolina Utilities Commission.
Efforts to resolve the critical channel maintenance issues at the Port of Morehead City reached a major milestone when the U.S. Army Corps of Engineers awarded a contract for maintenance dredging.
A new study this week estimated that North Carolina's Renewable Energy and Energy Efficiency Portfolio Standards (RPS) has increased electricity costs by $276 million, and that the bulk of those costs are concentrated on commercial electricity consumers and residential consumers...
Countering arguments that Medicaid expansion would benefit North Carolina's economy, a new report from the national group State Budget Solutions estimates that expansion actually would lead to a $6.4 billion hit in future personal income growth.
Earlier this month, the NC House introduced the "NC Competes Act," a bill that would expand the state's Job Development Investment Grant program (JDIG), and extend targeted tax breaks for datacenters and a major passenger airline. Yesterday, the Senate introduced two bills designed as an...
If North Carolina's tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
My budget commits nearly $4.8 billion to lay the foundation for our 25-year transportation vision, which focuses on connecting small towns and economic centers to simplify citizens' commutes for work, school and recreation...
Governor Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced today that Pactiv, LLC will be expanding its operations in Lenoir County. The company will create 59 new jobs and invest more than $24 million in Kinston over the next...
Proving yet again that corporate welfare is a bipartisan problem, four Republican legislators last week introduced House Bill 117, NC Competes Act. The primary sponsors of the bill are Reps. Susan Martin (R-Wilson), Charles Jeter (R-Mecklenburg), Jeff Collins (R-Nash) and Bob Steinburg...
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