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Economy

Even as oil drops, gas prices rise

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Even as oil prices drop, Gas prices continue to climb. The national average is now $3.97 a gallon for regular unleaded. In many places across the country the price has already passed four dollars. Here in our area it's getting close. Full story...
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Oil falls on expected supply increase, weak demand

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Oil is falling after more signs that supplies of petroleum products are rising and demand is falling in the US. Full story...
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1st quarter housing stats indicate local market and economy are improving

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The local housing market continues to show signs that our economy is improving; new home construction rose 7.2% in March, an upswing in housing inventory for sale, pending sales are rising, job market is improving and 30 year fixed mortgage rates remain in the upper range of 4.75%. Full story...
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Job seekers get their career lives in shape at bootcamp

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video Although some say the recession is over, many across the nation and in southeastern North Carolina are still without jobs. Full story...
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Whiteville cashes in on show business

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It was lights, camera, action today in Columbus County. The cast and crew of the movie "Hick" set up to film in historic downtown Whiteville. Full story...
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State ending Extended Benefits Program as unemploment slides

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The decline in the state's unemployment numbers may be good news for some, but for others it means a loss of benefits. Full story...
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Governor talks jobs during visit

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video The governor is making several stops around the state on a "jobs tour." We wanted to know what specifically she has in the works for southeastern North Carolina when it comes to jobs. Full story...
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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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