Economy (page 116)

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    New Carolina Journal Online features

    Barry Smith reports for Carolina Journal Online on a state House budget proposal that would allow the SBI to buy its own airplane. John Hood’s Daily Journal highlights the latest peer-reviewed academic study that shows higher government spending and tax levels hold back states’ economic growth.
    Mitch Kokai, May 18, 2016
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    Retail in decline, May 2016 edition

    The Charlotte Observer over the weekend had an article on “Why Belk was smart to sell itself when it did.” The reason, as you might have guessed, is that department stores continue to struggle despite a relatively strong economy. The article provides some informative insights: Customers shopping online generally…
    Michael Lowrey, May 16, 2016
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    4Q2015 domestic air fare data

    Every quarter, the U.S. Department of Transportation puts out a “Domestic Airline Fares Consumer Report.” In it, the DOT calculates how fares from certain airports compare to the national average fare, with the results given in percentages as a “fare premium” or “fare discount.” Here’s the figures for the 4th…
    Michael Lowrey, May 9, 2016
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    Worried about bad economic impacts on the state? Support DEQ’s fight against the Clean Power Plan

    Let’s assume this sudden effluence of people worried about negative economic impacts on the state are genuine. Well, even if they aren’t, there are significance reasons — among them, economic ones — to oppose the federal imposition of the Obama administration’s so-called “Clean Power Plan.” As I wrote earlier…
    Jon Sanders, May 3, 2016
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    Ed Bastian speaks

    Ed Bastian, Delta Air Lines Inc.’s new chief executive officer, speaking to Bloomberg: “We’re looking at the international economies, we’re looking at the risks that we’ve seen on the security front in Europe,” Bastian said. “Maybe some of the flying we’re doing in the fourth quarter, particularly internationally, may…
    Michael Lowrey, May 2, 2016
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    Mike Rowe takes Wallethub to task

    Mike Rowe, an advocate for career and technical education, blasted a recent Wallethub ranking of the best and worst entry-level jobs in America.  One of the website’s authors, using his own makeshift methodology, ranked skilled trades lowest and engineering professions highest. Rowe was not pleased.  He wrote, There’s no…
    Terry Stoops, April 29, 2016
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    ‘I want a kajillion bajillion dollars!’

    Forgive me, but silly “economic impact” figures being fed to eager media gulls about the Massive Economy Losses caused by HB2 are sounding like Dr. Evil coming up the biggest number he could think of knowing full well at least they won’t laugh.
    Jon Sanders, April 25, 2016
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    The changing face of retail, April 2016 edition

    Sears Holdings has announced that it’s closing 68 Kmarts and 10 Sears stores. Among the casualties are five Kmarts in North Carolina: Brevard, Gastonia, Lumberton, Pineville, and Rocky Mount. Another bad day for retail in some of the state’s smaller cities.
    Michael Lowrey, April 21, 2016