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Economy

Perdue to visit Whiteville, Leland

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Gov. Bev Perdue will visit two area towns this week. The governor today kicked off a two-week jobs tour of businesses and classrooms. Full story...
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Wrightsville Beach Marathon benefical for runners and economy

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video 2,400 runners took off before sunrise for the Wrightsville Beach Marathon and Half-marathon Sunday morning. The race started in Wrightsville Beach, made it's way around the Landfall community and ended in Mayfair. Full story...
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Unemployment up in 99 of NC's 100 counties

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The unemployment rate in the Wilmington metro area jumped 0.7 percent from December to January. Overall unemployment increased in 99 of the state's 100 counties. Full story...
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Economists say local economy will grow moderately over next several years

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Total personal income in the Wilmington Metropolitan Statistical Area (MSA) is forecast to grow 3.3 percent during 2011, with the growth rate slowing to around three percent in both 2012 and 2013. Personal income is the total income earned by individuals from all sources. The three counties of Brunswick, New Hanover and Pender comprise the MSA. Full story...
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2010 tourist spending sets record

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Visitors to North Carolina spent a record $17 billion in 2010, an increase of nine percent from 2009. The number was higher than the previous record of $16.8 billion set in 2008. Full story...
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California is Perdue's trade trip destination

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Gov. Bev Perdue says she believes it's a good time to try to lure California-based companies to build or expand in North Carolina. Full story...
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Property in NC coastal counties loses value

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Recent tax valuations in Brunswick and Carteret counties show property prices have dropped by more than 25 percent since the peak of the coastal real estate bubble. Full story...
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Area gas prices surge amid Mideast tensions

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video Although the unrest in the Middle East has not decreased the global supply of oil so far, analysts say fear and uncertainty about the region are to blame for a sudden hike in gas prices. Full story...
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CFPUA customers will see a rate hike soon

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video You might want to think twice before letting the water run. The Cape Fear Public Utility Authority is raising rates. Full story...
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Business leaders tell Hagan access to money tight

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video Sen. Kay Hagan was in the Port City today to talk business. Hagan heard from area business and community leaders during a business roundtable, where the topic of access to capital was the main concern. Full story...
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GOOD NEWS: Consumer Confidence Index hits 3-year high

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The Consumer Confidence Index rose in February to its highest point in three years as consumers are feeling more positive about their income prospects and the direction the economy is headed. Full story...
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Carowinds to hire 2,100 employees for season

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Carowinds is preparing to hire 2,100 employees as the theme park on the North Carolina-South Carolina state line prepares for its 39th season. Full story...
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Gov. Bev Perdue promises to help small businesses and keep teachers

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video Gov. Bev Perdue is dealing with a budget deficit of more than $2 billion dollars so cuts will be made, but the question is what will face the chopping block? Full story...
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Area legislators preview Perdue's State of the State address

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Gov. Bev Perdue will give her biennial State of the State address Monday night in Raleigh. We spoke with two legislators from New Hanover County about what they predict the governor will focus on. Full story...
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Service sector expands at fastest pace in five years

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The US service sector, which employs nearly 90 percent of the work force, grew in January at the fastest pace in five years, a sign that hiring could pick up soon. Full story...
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