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Economy

NC jobless rate dips to 6.7 percent in September

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videoNorth Carolina's unemployment rate is down slightly, but so is the number of people working. State officials said the state unemployment rate dipped to 6.7 percent in September, down one-tenth of a percentage point from August. Full story...
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NC official: Japanese trip will pay dividends

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North Carolina's top economic development official says the state is aggressively trying to land a foreign automaker. As part of the plan, Commerce Secretary Sharon Decker visited Japan last week where she met with business interests. Full story...
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Hoke County to be tested for wind power

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A Florida company is building a 196-foot tower in Hoke County to determine whether the area has enough wind to generate electricity. The Fayetteville Observer reported that NextEra Energy Resources is building the tower near Lumber Bridge. Equipment on the tower will measure wind speeds for up to five years. Full story...
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McCrory won't call lawmakers back for special session

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video In what could be the final nail in the coffin for North Carolina's film industry, Gov. Pat McCrory says he will not call for the General Assembly to return to Raleigh for a special session. Full story...
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Heavy traffic beginning of Labor Day weekend

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videoThe last holiday weekend brought more traffic to the Port City. Full story...
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GE Aviation says its growth a sign of region's potential

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video This past year GE Aviation invested $14 million in new equipment and added 15 more jobs to the industry. Plant Leader Jason Swinny says this expansion is proof that Wilmington can remain competitive economically. Full story...
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Wilmington, New Hanover leaders push for legislative session on film incentives

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videoMembers of the New Hanover County Commission and Wilmington City Council signed a joint letter to Gov. Pat McCrory, House Speaker Thom Tillis and Senate President Pro Tem Phil Berger yesterday asking them to call for a special legislative session to "reconsider film incentives that will better serve North Carolina in remaining marketable and competitive" in the film industry. Full story...
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Environmentalists don't want to lose special use permits to New Hanover development

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video Environmentalists say New Hanover County should be able to improve economically without jeopardizing quality of life. The recent Garner Report recommended the county should get rid of a permit process aimed at protecting air quality. Now the City of Wilmington and the County are coming together to discuss what to do. Full story...
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Development chief: Project Diamond still in the works

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videoA project that could bring business and jobs to the Brunswick-Columbus county line may not be dead after all. Full story...
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Retired general to discuss clean energy in Raleigh

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A retired US Air Force general is visiting Raleigh to highlight the military's role in clean energy innovation and what this means for North Carolina's economy. Full story...
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House defeats bill that could have lured Continental Tire to Brunswick Co.

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videoThe NC House defeated on Tuesday a bill that would have provided incentives to lure Continental Tire to Brunswick County, leaving the fate of the project up in the air. Full story...
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NC jobless rate inches up to 6.5 percent for July

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videoNorth Carolina's unemployment rate has inched higher for July as the number of people with jobs dipped from the previous month. Full story...
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NC weighs giving upfront money for promised jobs

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North Carolina lawmakers are considering breaking with a generation of state job-hunting efforts and giving corporations upfront money to move. Full story...
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Fortune 500 firm Sealed Air moving HQ to Charlotte

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North Carolina has convinced Fortune 500 packaging company Sealed Air Corp. to move nearly 1,300 jobs to the Charlotte area by relocating its New Jersey headquarters and consolidating management operations from several other states. Full story...
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NC unemployment rate remains flat at 6.4 percent

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North Carolina's unemployment rate remained flat for June, as the number of people with full-time jobs slipped slightly from the prior month. Full story...
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