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Economy

Wilmington Unemployment figures down again in August

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Unemployment rates dropped in 82 of North Carolina’s 100 counties in August, according to statistics released today by the state’s Employment Security Commission. The rates increased in 10 counties and remained the same in 8. Full story...
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August new home sales slowest on record

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Sales of new homes had their second-worst month on record in August, signaling that the housing market remains a severe weak spot for the economy. Full story...
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Beach businesses make transition to fall

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video It's official. Summer ended late last night. Businesses that rely so much on tourism based on sun and surf now have to figure out how to survive in the fall. Full story...
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Experts discuss business of sports in Wilmington

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video Sports are big business. Bringing that business to Wilmington was the topic of discussion this morning at the Wilmington Journal's Power Breakfast Series. Experts on the panel think the Port City could be a hit in the world of sports. Full story...
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Economic panel says recession ended in June 2009

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The longest recession the country has endured since the Great Depression ended in June 2009, a group that dates the beginning and end of recessions declared Monday. Full story...
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Emerging Green Business Conference to help businesses cash in on going green

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video To some people, going green may sound like more trouble than it's worth. But businesses are thriving off the public's push to protect our environment. A business conference going on tomorrow will help businesses go green in more ways than one. Full story...
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McIntyre to host business and economic development summit

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Rep. Mike McIntyre announced today that approximately 150 key business leaders and Chambers of Commerce officials from Southeastern North Carolina will attend his 2010 “The Washington Perspective” business and economic development summit on September 13-14 in the nation’s capital. Full story...
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North Carolinians hitting the road for Labor Day

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videoAAA is expecting an eight-percent increase in travel this Labor Day with more than 930,000 North Carolinians hitting the road. AAA attributes part of the increase to lower gas prices. Full story...
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Beach businesses hoping for big weekend despite storm threat

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videoBy all indications, it's been a good tourist season along the Cape Fear Coast. Beach businesses hope this last big weekend of summer will not be a wash out thanks to Earl and Fiona Full story...
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Wrightsville Grille closes

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Wrightsville Grille opened in 2005. Owner Colin Smith says the bank called in the loan they had given the restaurant, but he could not pay back all the money. Full story...
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Tax-free weekend good news for shoppers, stores

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videoWhat's more perfect than shopping on a rainy Friday afternoon? How about the fact that today kicks off the tax-free shopping weekend in the Tar Heel State? Shoppers hit stores early to cash in on this special deal. Full story...
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Young entrepreneurs profit off produce

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video Some recent college grads are literally reaping the fruits of their labor. Chris Hutchens, Sven Wallin and Andrew Cameron put their college degrees on the back-burners and are now rookie entrepreneurs. Full story...
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Rental rates up for 4th of July holiday

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According to a survey of 21 rental properties and hotels, 47 percent say bookings were about the same as last year''s holiday. Forty percent say numbers were up. Full story...
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Businesses cash in on World Cup fever

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video The beautiful game is creating a beautiful business opportunity for area restaurants and bars. Businesses like the Harp on 3rd Street in Wilmington are opening up earlier than usual showing the World Cup games live. The move is bringing in a strong and steady stream of customers. Full story...
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Unemployment down in NC for 3rd straight month

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The signs for jobless North Carolina residents are improving as the May unemployment rate fell for the third straight month, this time to 10.3 percent. Full story...
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