News

  • [US] Senate Touts Economic Importance of Outdoor Recreation

    Boating Industry June 22, 2021 The outdoor recreation industry contributes $788 billion to the US economy each year and supports 5.2 million American jobs. Seventeen states (including North Carolina) have established Offices of Outdoor Recreation, task forces or advisory councils that bolster economic development through......

  • Everyone is Quitting Their Job. Great!

    Slate June 21, 2021 After a solid year of hearing “pivot”, “unprecedented”, and “work life balance”, things are still shifting in the workforce. Slate journalist Jordan Weissmann writes about the surge of workers in all industries quitting their jobs – whether that is to pursue another career......

  • Proposed NC Senate Budget Provides Salary Increases for State Workers, Tax Cuts, Wage Increase for Many

    CBS17 June 21, 2021 State Senate leaders have unveiled their proposed 2021-23 budget. The draft includes a 10-year, $12 billion infrastructure program, a sweeping tax cut and a 3 percent salary increase for teachers, community college personnel and state employees. “Our budget helps North Carolinians......

  • ECSU Announces New Statewide Economic Development Collaborative

    WAVY.com June 11, 2021 Elizabeth City State University was selected from a pool of 42 applicants to be a myFutureNC Local Educational Attainment Collaborative Community. Launched by the ncIMPACT Initiative at the UNC School of Government, the two-year pilot program supports local education collaboratives working......

  • Some States Plan Big Spending with Biden’s Aid, Others Wait

    North State Journal/AP June 8, 2021 Vermont Governor Phil Scott hadn’t accounted for a massive infusion of federal funds when he presented his budget plan earlier this year. “A billion dollars has just fallen from the sky, in some respects,” said Scott, a Republican. “It’s......

  • Illinois Exodus: Residents Leaving the State in Droves, Data Shows

    Fox32 Chicago (YouTube Video) June 3, 2021 In 2019, more than 80,000 residents left Illinois, accounting for $6 billion in lost personal income tax base. The state joined Mississippi and West Virginia in suffering a net loss in population over the last decade. Florida, Texas......

  • How Remote Worker ‘Digital Nomads’ Are Moving for Cash Incentives

    CNBC YouTube Video May 24, 2021 Cities like Tulsa have begun offering cash incentives to attract so-called digital nomads, the work-from-anywhere professionals fleeing dense metro areas due to high costs and vulnerability to COVID-19. A new program in West Virginia is giving up to $20,000......

  • You Decide: Should North Carolina Follow California or Texas?

    NC State University – CALS News Commentary  May 21, 2021 California is a high-tax state with an activist government. Texas is the opposite, maintaining lower levels of taxing and government spending. Yet, if California and Texas were sovereign nations, they’d have the world’s 5th and 9th largest......

  • Region’s Economic Momentum Under the Radar

    Greensboro News & Record (Op-Ed) May 16, 2021 Recent announcements by Nestle Purina, Audentes Therapeutics and Ontex Global have Piedmont Triad Partnership President Stan Kelly encouraged about momentum behind the Carolina Core, the asset-based regional initiative uniting four megasites and a labor shed of two......

  • Blame Government Regulation, not Financial Speculation, for Skyrocketing Housing Prices

    City Journal (Commentary) May 11, 2021 While the bottom 50 percent of US households have seen their wealth grow during the past decade, in many places housing prices have outpaced gains in wealth. Nearly 90 percent of metro areas saw their home prices jump by......