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Economy

Soccer tournament boosts economy

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videoThe 20th Annual Seaside Soccer Tournament kick-started the local economy this weekend. Over 300 teams and over 4,000 people from North Carolina and as far as Georgia occupied several fields throughout New Hanover County during the day, and then spent money on hotel rooms, restaurants, and stores after game's end. Full story...
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Stocks surge in early trading after hiring climbs

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A big gain in the job market is lifting the stock market to a record high. The Dow Jones industrial average crossed 15,000 for the first time ever. Full story...
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Films spent $278 million here, earned $69 million last year

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Film, television and commercial productions spent more than $275 million in North Carolina and employed about 14,000 people in the past fiscal year, according to NC Department of Revenue records. Full story...
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Report: 'Iron Man 3' generated $180M, 2,000 jobs in NC

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videoA new report analyzing the impact of "Iron Man 3" filming in North Carolina shows the movie is responsible for $179.8 million in spending and 2,043 jobs in the state, according to the Motion Picture Association of America. Full story...
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GE Hitachi deal to bring more jobs to area

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videoGE Hitachi says a new deal with a Virginia power company will mean its New Hanover County plant is about to grow. Full story...
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Report shows offshore drilling could be big business, but hurt fishing, tourism

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video Fishing and tourism are two multi-million dollar industries in North Carolina, but Dr. Mike Walden's new study says there could be even more money to be made if the coastline had a slightly different view featuring drilling wells. Full story...
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Ply Gem to bring 145 jobs to Fair Bluff

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Gov. Pat McCrory and NC Commerce Secretary Sharon Decker announced today that Ply Gem Industries, a manufacturer of building products, will expand its operations in Columbus County. The company plans to create 145 jobs and invest $15.5 million over the next three years in Fair Bluff. Full story...
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Regional effort trying to move Brunswick County back into Wilmington metro area

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videoWe all know Brunswick County is part of southeastern North Carolina, but the federal government sees the map differently. A new designation means the Census Bureau will factor Brunswick County's population, income and demographics into the Myrtle Beach Metropolitan Statistical Area. Full story...
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State conference looks at link between film and tourism industries

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video Tourism is a driving force for North Carolina's economy, and the movie and TV industry is helping fuel that economic engine. Full story...
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MetLife to move 2,600 jobs to NC from NE, Calif.

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Insurance giant MetLife Inc. is moving 2,600 jobs from offices in four Northeast states and California to North Carolina, which is offering tax and other incentives that could be worth almost $100 million. Full story...
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