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Economy

Elizabethtown cleaners closes after 67 years

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videoAn Elizabethtown business that's been open for 67 years locked up for the last time Saturday. It was a tearful ending for Ideal Cleaners, a small business that fell victim to the economy. Full story...
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Beach business booming earlier than usual

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video Warmer weather earlier in the season means more people are already making their way to the beach. That's boosting business and morale. Full story...
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CENSUS: Brunswick Co. growth slowing

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Brunswick County’s growth is showing signs of slowing, according to new population estimates released Thursday by the U.S. Census Bureau. Full story...
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February unemployment numbers better across Cape Fear

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After a surge in unemployment across the region in January, new numbers released today show better a jobs picture for the Cape Fear in February. According to the Department of Commerce's Labor & Economic Analysis Division the unemployment rate in the Wilmington area was 10.7 percent in February. That's down from 11.3 percent in January and 11.2 percent in February 2011. Full story...
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P.F. Chang's coming to Wilmington?

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A popular national Asian fusion restaurant chain may make an appearance in the Port City. Officials with Scottsdale, Ariz.-based P.F. Chang’s confirmed Wednesday that the company is “evaluating” the Wilmington market. Full story...
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FactCheck.org says AFP inflating claims in latest budget issue spot

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Americans for Prosperity, a conservative group based in Raleigh, omits some important details in a TV ad attacking North Carolina’s lame-duck Democratic governor and praising the Republican-controlled state General Assembly during a partisan budget battle. Full story...
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Foreclosures in Wilmington on the rise

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A new housing report out today indicates foreclosure rates in the Wilmington area are on the rise. These figures, coming from CoreLogic, show foreclosure rates in January 2012 at nearly three percent. Full story...
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Economy forces Bladen business to close after 67 years

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video After nearly seven decades, a family-owned business in Elizabethtown is closing its doors. It's a victim of the down economy and high gas prices. Full story...
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La Bella Forma Fine Lingerie closing

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La Bella Forma Fine Lingerie is closing its boutique at The Forum on Saturday, March 31, 2012. Owner Rochelle Meyers has decided to close the store to pursue other interests and business opportunities. Full story...
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City, state leaders talk issues over breakfast

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Jobs, jobs, jobs. That was the focus of the annual legislative breakfast with members of Wilmington City Council and our state legislature. Full story...
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Latest numbers show surge in area unemployment

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The latest unemployment numbers show a worsening jobs situation across the Cape Fear. All five of the counties in our area saw an increase in the unemployment rate between December and January. Full story...
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UNCW conference focuses on economic recovery, downtown strategies

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video New numbers suggest our local, state and national economy is making a slow but steady rebound from the great recession. Today, business owners, developers and economists in our area met to discuss the economic forecast and to devise strategies on how to get more folks to live, work and play downtown. Full story...
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NC jobless rate for January still above 10 percent

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The latest report on North Carolina's unemployment rate paints a darker picture of the state's economy. The state Commerce Department reported Tuesday that the unemployment rate in January was 10.2 percent, much higher than the national average of 8.3 percent. Full story...
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Foreclosure rates in Wilmington on the rise

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A new housing report out today indicates foreclosure rates in the Wilmington area are on the rise. These figures, coming from CoreLogic, show foreclosure rates in December 2011 at just over 2 3/4% Full story...
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More permits issued for Apple, Inc. in NC

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More permits are being issued for Apple Inc., which has a data center in the North Carolina town of Maiden. Full story...
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