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Economy

October jobless rate in NC drops to 6.3 percent

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video North Carolina's unemployment rate keeps falling. The state Commerce Department reported Friday that the jobless rate in October dropped to 6.3 percent, down from 6.7 percent in September. Full story...
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Officials announce 1,300 jobs coming to Wilmington

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videoGovernor Pat McCrory announced this afternoon that Vertex Rail will be adding 1,300 new jobs at the former Terex Crane facility located on Raleigh Street in Wilmington. The company will manufacture rail tank cars which are in high demand to transport crude oil from North Dakota, Texas and other energy-producing states. Full story...
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NEW DETAILS: 1,000+ jobs coming to Wilmington

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video Governor Pat McCrory is scheduled to attend a news conference Thursday, where officials will announce more than 1,000 new jobs appear headed to New Hanover County. Full story...
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Rail manufacturer to bring 1,000 jobs to Wilmington

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videoMore than 1,000 new jobs appear headed to New Hanover County. County Commission Chair Woody White, who is also on the Board of Directors for Wilmington Business Development, says he's heard the new company will be Vertex Rail Manufacturing. Full story...
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NC legislature may not be over for this year

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The General Assembly's work may not be over this year if Gov. Pat McCrory believes replenishing a critical economic recruitment tool in North Carolina can't wait until January. Full story...
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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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