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Economy

Interview with Buy Local ILM founder

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video Good Morning Carolina anchor Ashley Jacobs sat down with Gayle to talk about why we should buy local products, and how much it helps our local economy thrive. Full story...
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Olsen Farms says City of Wilmington defaulted on building park

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The City has recently announced plans to place a bond referendum on the ballot in November to fund a $37 million baseball stadium in the City, and attorney Gary Shipman said that this was particularly disturbing to his Olsen Farms. “We think that the City needs to fund and complete its current obligations before embarking on any others, and we’re hopeful that our discussions with the City over the coming weeks will refocus the priorities,” Shipman said. Full story...
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NC July unemployment rate going back up; Now at 9.6 percent

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North Carolina's unemployment rate increased slightly to 9.6 percent in July but still remains below the rate from the same time last year. Full story...
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Organizers to discuss upcoming NAACP meeting

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Organizers of a tour that focuses on people who are homeless, out of work or who are without health care, are holding a news conference to discuss details of a meeting scheduled for eastern North Carolina. Full story...
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Tourism spending up in NC, Cape Fear

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video Tourism money is good money, it is a green and giving industry that every community wants. In North Carolina tourism spending is up, here in the Cape Fear we are cashing in. Full story...
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Visitors spent more in all 100 NC counties in 2011

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State tourism officials say each of North Carolina's 100 counties experienced increased visitor spending in 2011. The Division of Tourism, Film and Sports Development reported Tuesday that of the 100, seven counties had double-digit increases. Full story...
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Unemployment up in Wilmington area for June

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Unemployment rates rose in 84 of North Carolina's 100 counties in June, including all five in our area. Full story...
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NC sets state record for film production spending

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North Carolina has set a record for in-state film production spending this year with five months left to go. The North Carolina Film Office reported Wednesday that 35 films in 30 counties have accounted for $300 million in spending this year. Full story...
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NC unemployment steady for third straight month

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North Carolina's unemployment rate has held steady at 9.4 percent for the third straight month. Full story...
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National drought a double-edged sword for NC farmers

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video The drought across much of the country is threatening to drive up the price of a lot of the food we eat. Here in the Cape Fear it's a double-edged sword for corn farmers.Demand is high for their product, but the heat is taking a toll on the crop as well. Full story...
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