Business Outlook

Politics & Government
5:00 am
Fri May 30, 2014

North Carolina Is One Step Closer To Lifting Its De-Facto Moratorium On Fracking

A drill rig in Pennsylvania's Marcellus Shale.
Credit Ken Skipper, USGS

Members of the North Carolina General Assembly sent Gov. Pat McCrory a bill on Thursday night that would allow the state to issue permits for hydraulic fracturing as early as May 2015, effectively lifting the state’s de-facto moratorium on the controversial shale gas drilling method.

McCrory is a long-time supporter of hydraulic fracturing and is likely to sign the bill into law.

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Politics & Government
5:24 pm
Mon May 26, 2014

NC General Assembly Stories We’re Following: Week Of Tuesday, May 27

The NC Legislative Building
Credit Jorge Valencia

The biggest piece of legislation expected when North Carolina law makers return from the Memorial Day weekend is the Senate’s budget proposal for the fiscal year, which starts July 1. The office of Rules Committee Chairman Sen. Tom Apodaca (R-Hendersonville) said on Friday that a budget could be made public this week, and the office of Senate President Pro-Tem Phil Berger Jr. (R-Eden) similarly said a budget will be released “in the coming days.”

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Business & Economy
8:17 am
Fri October 4, 2013

PNC Survey Shows Weak Business Optimism

Credit PNC Bank

A PNC survey shows small to mid-sized business owners across the state are less optimistic about doing business than they were six months ago.  The PNC Economic Outlook survey shows 8 percent of business owners intend to add full-time employees.  Nationwide, it’s 16 pecent.

PNC Economist Mekael Teshome says  North Carolina business owners continue to report weak sales and are being extremely cautious.

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