Business & Economy

A picture of High Point Market.
High Point Market Authority

When House Bill 2, also known as the “bathroom bill,” passed last year, it caused some businesses in the state to lose customers and revenue. Now, officials with the biannual High Point Market hope they’ll see an increase in attendees this year.

map of a proposed change to U.S. 70
Courtesy of the NC DOT

The North Carolina Department of Transportation is taking public comment on a plan to overhaul two busy intersections on U.S. 70.

Image of scholar William (Sandy) Darity
Duke University Sanford School School of Public Policy

Why are some people rich and others poor? Answering this elusive question has been the lifelong work of economist William (Sandy) Darity. Darity was an observant child, and from an early age he picked up on how wealth disparities divide communities. 

A picture of a sale sign in front of a home.
myguysmoving.com / Flickr, Creative Commons

Anyone looking to buy a home has probably noticed slim pickings this year.

According to data compiled by the Associated Press, there are fewer than 3,000 homes for sale in Raleigh. That's down 16 percent from last year, and less than half the available homes from 2012.

A house for sale in Stokes County, N.C.
Images of Money via Flickr

North Carolina homeownership rates increased noticeably in 2016, the first year since the Great Recession to show a significant upward trend.

What remains to be seen, however, is whether this uptick will hold.

GlaxoSmithKline
www.gsk.com

North Carolina entrepreneurs raised more than $800 million in funding deals last year, the second-highest annual total since CED began tracking investment funding.

Figures were released by the Council for Entrepreneurial Development, which tracks business investments flowing into North Carolina.

A drawing of a neighborhood surrounding a light rail station.
Gateway Planning / GoTriangle

Transit consultants are hosting six public meetings in Chapel Hill starting next week to discuss possible development around stations along the proposed Durham-Orange Light Rail Transit line, which would run along U.S. 15-501.

buildings in a downtown area
Kristopha Hohn / flickr, Creative Commons

Triangle entrepreneurs are more optimistic about hiring, sales and spending than they were last quarter, according to the Quarterly Outlook of Triangle Entrepreneurs from the N.C. State Entrepreneurship Clinic.

House Under Construction
Dave DeWitt / WUNC

Workplace fatalities in North Carolina hit a six-year high, according to preliminary data released by the N.C. Department of Labor.

Manufacturing, Textiles, Cotton, American Giant
Leoneda Inge / WUNC

Part of President Donald Trump’s appeal is his pledge to bring jobs back to America. There’s a San Francisco apparel manufacturer who has tried his luck both ways – manufacturing abroad and in the US. Today, American Giant has found success in making sure every inch of its casual line of clothing is made in America. And that means it's also made in the Carolinas.

Simon & Schuster

Each new year brings with it resolutions and to-do lists. They are easy enough to make, but how do we stay motivated to actually do them? It is a topic behavioral economist Dan Ariely tackles in his new book, "Payoff: The Hidden Logic That Shapes Our Motivations" (Ted Books/2016). Ariely is the author of bestselling books about behavioral economics, a Duke professor, and the founder and director of the Center for Advanced Hindsight in Durham. 

Steve Malik, owner of North Carolina FC, unveils the team's rebranded logo.
Jason deBruyn / WUNC

The newly renamed North Carolina F.C. will face stiff competition to join Major League Soccer.

Owner Steve Malik bought the team a little more than a year ago, when it was still named the Carolina RailHawks. He quickly set his sights on making a bid to move from the North American Soccer League, a minor league soccer league, to the MLS, the highest professional soccer level in the United States.

Women and Work, Dress for Success
Leoneda Inge

A Triangle organization that prides itself with getting women back to work is celebrating its 10,000th client.

An image of Duke Campus
Duke University

Following the election of Donald Trump, chief financial officers in the United States reported their highest levels of optimism in nearly a decade.

Those levels of optimism were related in particular to regulatory and tax reform, two issues always high on the list of business concerns.

Credit cards
Lotus Head / commons.wikimedia.org/wiki/File:Credit-cards.jpg

People who rush to make holiday travel plans risk falling victim to scammers, according to officials with the Better Business Bureau.

Toby was one of many 'learned pigs' that spelled words and solved math problems onstage in England and America in the 18th and 19th centuries.
Basic Books

Pigs are a beloved part of North Carolina culture and vital to the state’s economy, but internationally their reputation is more divisive.

Total employment by month in North Carolina since January.
Jason deBruyn / N.C. Department of Commerce

North Carolina turned in a mostly positive unemployment report for November as both estimates of employment showed positive gains for the month.

While the unemployment rate ticked up slightly to 5 percent – the highest since May – that increase is due to an increase in people joining the labor force, not because the economy is shrinking.

stack of money
Flickr user 401(K)2013

North Carolina's economy will grow another two percent next year - on par with growth in 2016, according to a UNC Charlotte economic forecast.

FilterEasy delivers home and business air filters through the mail
FilterEasy

The U.S. Environmental Protection Agency recommends home and business owners replace their air filters once per quarter, and in some cases as often as once per month. A Raleigh startup founded by two N.C. State University students hopes that most people would rather not try to remember that on their own.

John Dombrosky, CEO of Research Triangle Park-based AgTech Accelerator
AgTech Accelerator

A new Research Triangle Park group is making hay in the world of agriculture biotechnology investing.

Called the AgTech Accelerator, the group is led by industry veteran John Dombrosky and will now shift from fundraising to finding quality companies to invest in, and finding strong management teams to lead those companies.

Fraser Fir Christmas tree production in western North Carolina
Dr. David Lindbo of the Department of Soil Science at NC State University / Wikipedia

Wildfires and a prolonged drought appear to have spared North Carolina's Christmas tree farms this year. The state is a top producer of the holiday staple nationally.

A picture of wrapped holiday gifts.
Queen Bee of Beverly Hills / flickr.com/photos/queenbeebh/8179594700

Retail spending is expected to jump this winter, and residents of Cary can afford the seventh-highest holiday spending budgets in the country. That's according to a report from the financial web site WalletHub. Their calculations say the average Cary resident can spend $1,948 dollars per person.

Ghassan's, a quick service Mediterranean restaurant  in Greensboro.
Jeff Tiberii / WUNC

It's lunchtime at Ghassan's, a quick service Mediterranean restaurant  in Greensboro. Meat hits the grill,  fries drop into hot oil and ice collects in paper cups. The local restaurant chain specializes in chicken kabobs, falafel, tabouli, hummus – all the tasty Lebanese staples. One restaurant is just a block away from the Greensboro Coliseum.

So Good Pupusas

Chefs, writers, scholars and restaurateurs will gather over the next two days for the first annual Carolina Food Summit. By building community around food, they hope to change food policy. Host Frank Stasio speaks with Shorlette Ammons, community food systems outreach coordinator at NC A&T University; Inez Ribustello, co-owner of On the Square restaurant in Tarboro; and Cecilia Polanco of So Good Pupusas about the summit and their work in rural foodways and social justice.

Textiles
Wikimedia commons

 

Last night, presidential hopefuls Donald Trump and Hillary Clinton traded barbs about many subjects including America's economic strength. Economic stability is a key issue in the election and also in the lives of many Americans. 

As part of the NPR Nation Engaged project, host Frank Stasio asks, “What can we do to create economic opportunity for more Americans?” One possible solution is worker-owned businesses.

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