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Economy

FIRST ON 3: Leland plant losing 90 jobs to Mexico

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videoA Brunswick County factory will start cutting jobs soon. A spokesman for Victaulic says 90 positions will be eliminated over the next year. Full story...
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WALL STREET JOURNAL: North Carolina had more job losses than any other state

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The Tar Heel State shed a seasonally adjusted 11,300 jobs in February from the prior month as it continues to grapple with the decline of its traditional manufacturing, tobacco and textile industries, according to new Labor Department figures released Friday. Full story...
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Wilmington area second fastest growing in state

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video Newly released Census information shows the Wilmington area is one of the fastest growing in the state. That's even without Brunswick County, which was removed from the region's data by the US Office of Management and Budget last year. Full story...
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Cape Lookout generates $20 million for economy

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A report complied for the National Park Service finds that the Cape Lookout National Seashore on the North Carolina coast means more than $20 million for the local economy and supports about 300 jobs. The report said the seashore attracted about 480,000 visitors during 2012. Full story...
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ONLY ON 3: $100,000 Jay Garner report recommends free internet, pharmacy school; Leaves out film, tourism, arts and history

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The Jay Garner Report, tasked with finding ways to grow the area's economy and recently delivered to New Hanover County and other local leaders, says aircraft assembly, life and marine sciences, high value office operations and precision manufacturing are the keys to making the area more viable for new companies to move here. Full story...
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Boatbuilder opening up shop near Navassa

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video Months after losing hundreds of jobs when DAK Americas closed its doors, a new business is coming to Navassa, albeit with far fewer jobs. Full story...
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Film incentives will return in some form, NC Commerce's Sharon Decker says

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videoNot to worry, filmmakers and TV commercial producers. North Carolina will have something for you after the state's existing film incentives expire later this year. Full story...
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President ready to sign long-awaited Farm Bill

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videoAfter two years of bickering, our leaders on Capitol Hill have worked out a deal that could affect you the next time you go to the grocery store. Full story...
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Gov. McCrory talks about year ahead

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videoGov. Pat McCrory says he wants his second year in office to focus on improving North Carolina's economic climate, supporting public school teachers and making state government more efficient. Full story...
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NC gets $84M more than expected through December

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North Carolina coffers have been slightly more full than projected by state government budget writers through the first half of the fiscal year. Full story...
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Obama to announce manufacturing institute in NC

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President Barack Obama will focus today on creating jobs and boosting advanced manufacturing when he discusses the U.S. economy in North Carolina. Full story...
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Obama to visit North Carolina for event on economy

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President Barack Obama is scheduled to visit North Carolina for what's being described as "an event on the economy." Full story...
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Economists forecast growth for 2014

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Economists from local and national levels met at the Wilmington Convention Center to discuss their economic forecasts for the new year. Full story...
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McCrory: 'Carolina Comeback' economic recovery

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Gov. Pat McCrory is touting what he calls the "Great Carolina Comeback" as proof the state's Republican-authored economic and tax reforms are working. Full story...
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State, feds reach long-term dredging agreement

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videoState and federal officials have finalized an agreement to again allow dredging in North Carolina's coastal waters so fishing and transportation vessels can more easily move through shallow inlets and channels. Full story...
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