PNC Financial Services Group http://wunc.org en NC Economic Recovery Concentrated In Triangle http://wunc.org/post/nc-economic-recovery-concentrated-triangle <p></p><p></p><p>The latest North Carolina jobless numbers show a spike in county unemployment rates from Alamance to Yancey.&nbsp; But there has been some positive movement over the past year.</p><p>May jobless numbers released by the <a href="http://www.ncesc1.com/pmi/rates/PressReleases/County/NR_May2014CountyRates_M.pdf">NC Commerce Department</a> show 92 counties with a higher unemployment rate than the month before.&nbsp; But from this time last year, all 100 counties saw their unemployment rates drop.</p> Wed, 02 Jul 2014 12:37:07 +0000 Leoneda Inge 38287 at http://wunc.org NC Economic Recovery Concentrated In Triangle 'Business To Business' Matchmaking At Southeast US Canada Conference http://wunc.org/post/business-business-matchmaking-southeast-us-canada-conference <p></p><p>Governors and business leaders from the Southeastern U.S. are in Raleigh today to talk trade and investment opportunities with leaders from Canada.&nbsp;</p><p></p><p>Despite what you hear about China and Germany – Canada is North Carolina’s number one trading partner with one quarter of all the state’s exports going to that country.</p><p>Jean Davis is Director of International Trade for the state Commerce Department.</p><p>“You know Canada is such a strong trading partner, that it is often times where we start with our companies," said Davis.</p> Mon, 05 May 2014 13:03:35 +0000 Leoneda Inge 34895 at http://wunc.org 'Business To Business' Matchmaking At Southeast US Canada Conference A True Cost Analysis Of '12 Days Of Christmas' http://wunc.org/post/true-cost-analysis-12-days-christmas <p></p><p></p><p>How much would you pay for Six Geese-a-Laying?&nbsp; What about a Partridge in a Pear Tree?</p><p>An economic analysis by <a href="https://www.pncchristmaspriceindex.com/#/shelf-price-index">PNC’s Wealth Management Division</a> crunches the numbers and highlights just how much a loved one could end up spending this holiday season.</p><p>“On the first day of Christmas my true love sent to me, a Partridge in a Pear Tree," sang members of the North Carolina Master Chorale Chamber Choir.</p> Fri, 06 Dec 2013 12:58:23 +0000 Leoneda Inge 26921 at http://wunc.org A True Cost Analysis Of '12 Days Of Christmas' NC Unemployment Is High And Long-Lasting http://wunc.org/post/nc-unemployment-high-and-long-lasting <p></p><p>The latest numbers show there are about 418,000 unemployed people across North Carolina this Labor Day.&nbsp; And many of them have been jobless for a long time.</p><p>North Carolina’s unemployment rate is 8.9%, one of the highest in the country and higher than the national rate.&nbsp; The state has held this designation for much of the so-called economic recovery.</p><p>Mekael Teshome is an Economist with PNC Financial.&nbsp; He says we have to remember, between 2007 and 2010, unemployment rose by 100% nationally but by nearly 150% in North Carolina.</p> Mon, 02 Sep 2013 11:09:46 +0000 Leoneda Inge 21724 at http://wunc.org NC Unemployment Is High And Long-Lasting Survey Predicts Slow Growth For NC Businesses http://wunc.org/post/survey-predicts-slow-growth-nc-businesses <p>Small business owners in North Carolina are more optimistic about their companies, but hiring remains stagnant.&nbsp; <a href="https://www.pnc.com/webapp/unsec/Requester?resource=/wps/wcm/connect/688b4e804f1d87e89abeff8800e21ae2/EcoOutlk_Spring_2013_NC.pdf?MOD=AJPERES&amp;amp;CACHEID=688b4e804f1d87e89abeff8800e21ae2">A survey</a> released yesterday from PNC Financial says nearly 30 percent of North Carolina businesses report that they are optimistic about their prospects for the next six months.&nbsp; That's up from 15 percent last fall.&nbsp; But PNC economist Mekael Teshome says the state's business outlook reflects the slow growth nationwide. Fri, 05 Apr 2013 09:00:00 +0000 Will Michaels 13176 at http://wunc.org Rocky Mount Exhibit Honors Banking History http://wunc.org/post/rocky-mount-exhibit-honors-banking-history <p></p><p>One of the biggest banks in North Carolina is PNC. The bank was introduced to the state after its acquisition of RBC last year.&nbsp; These banking institutions have roots that reach back to Rocky Mount.&nbsp; And that’s where a new exhibit honors the region’s rich banking history.</p><p>The <a href="http://www.pnclegacyproject.com">PNC Legacy Project</a> is the first exhibit you see when you walk into the Imperial Centre for the Arts and Sciences in Rocky Mount.&nbsp; David Combs is the Mayor of Rocky Mount.&nbsp; He was born and bred here.</p> Sun, 10 Feb 2013 03:56:57 +0000 Leoneda Inge 9983 at http://wunc.org Rocky Mount Exhibit Honors Banking History What Sets Raleigh Apart From Rest of State? Jobs. http://wunc.org/post/what-sets-raleigh-apart-rest-state-jobs <p>The Raleigh Metro area continues to shine after the recession - despite North Carolina's high jobless rate.</p> Thu, 17 Jan 2013 14:00:00 +0000 Leoneda Inge 8043 at http://wunc.org Raleigh Metro Shines in Economic Recovery http://wunc.org/post/raleigh-metro-shines-economic-recovery <p>The latest unemployment numbers released by the North Carolina Department of Commerce show an increase in most of the state's 100 counties. And when you cross county lines and combine cities into metro areas, the jobless rate still seems to be on the rise again. But there is one area of the state that continues to out-perform all others, the Raleigh - Cary metropolitan area.<br> Mon, 30 Jul 2012 13:00:00 +0000 Leoneda Inge 2011 at http://wunc.org PNC Invests $1 Million In Education, Economic Development http://wunc.org/post/pnc-invests-1-million-education-economic-development <p>PNC is investing a million dollars in North Carolina to spur the economy and boost preschool education.<br><br><strong>Asma Khalid:</strong> The Pittsburgh-based bank is collaborating with Wake County Public Schools, Carolina Ballet and the North Carolina Museum of Art to introduce low-income students to the arts.<br><br>Wake County Superintendent Tony Tata welcomes the PNC initiative.<br> Wed, 27 Jun 2012 12:10:00 +0000 Asma Khalid 2271 at http://wunc.org PNC Puts Name On Arena http://wunc.org/post/pnc-puts-name-arena <p>The last remnant of RBC Bank in the Triangle was removed earlier today. Governor Bev Perdue and others officially renamed the RBC Center the PNC Arena at a ceremony in Raleigh.<br><br><strong>Dave DeWitt:</strong> Today, PNC officials and Governor Perdue were all smiles as the very last RBC sign came down, and a PNC Arena logo took its place. But tomorrow, the company is expected to start laying off employees in Raleigh and Rocky Mount – perhaps more than 600.<br><br>Governor Perdue says the job losses are a temporary setback.<br> Thu, 15 Mar 2012 18:11:00 +0000 Dave DeWitt 3038 at http://wunc.org PNC Puts Name On Arena