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Economy

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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McIntyre pushing balanced budget amendment

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Rep. Mike McIntyre says cutting federal spending is the main focus of the new session of Congress. Full story...
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Consumer spending up 0.7 percent in December

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Americans increased their spending sharply in December and consumer purchases for all of 2010 rose at the fastest pace in three years. Full story...
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NC's Dec. jobless rate edged up to 9.8 percent

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North Carolina's unemployment rate is climbing as fewer people are working. Full story...
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NC's unemployment rate for Dec. to be released

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North Carolina plans to release its unemployment rate for December. Monday's data from the Employment Security Commission will show the impact holiday hiring may have had on the jobless rate. Full story...
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Chinese delegation visits NC for investment pitch

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China's president is making a state visit to the United States and Chinese business and government leaders are making a side visit to North Carolina as both countries aim to increase trade. Full story...
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Economist predicts improved 2011 for area

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It's hard to know exactly what the future holds when it comes to the local economy, but now we have an idea. Full story...
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Rising rates discouraging for newly unemployed

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videoFor those coming in and out of the Employment Security Commission building in Wilmington, they say those new unemployment numbers are real as they try to keep their heads above water in this struggling economy. Full story...
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Lawmaker: Slow recovery will bring NC budget pain

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A North Carolina state senator says a slow economic recovery and a $3.7 billion budget gap means lawmakers won't have the luxury of phasing out programs to ease the pain for personnel and services. Full story...
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