Economy (page 95)

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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
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    Economic impact of raising student achievement

    Eric Hanushek, Jens Ruhose and Ludger Woessmann just published an amazing analysis of the economic benefits of increasing student performance to match regional, national, and international leaders. According to Hanusheck, Ruhose, and and Woessmann, raising academic achievement to the Minnesota level would produce…
    Terry Stoops, April 20, 2016
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    Another troubled city, another subsidized stadium to the rescue

    Back in May of last year, I was up in Connecticut for my cousin’s wedding. Afterwards my father and I went over to New Britain and had a blast at a Rock Cats AA minor league baseball game. (Fourth row, behind home plate, with the major league scouts sitting a…
    Michael Lowrey, April 18, 2016
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    How to grow the economy the media way

    If you pay attention to the pages of the News & Observer, or listen to other local media soothsayers, you will over time derive their principles of economic growth for our great state. But most people haven’t the time or the patience for that, so here are many that I’ve been…
    Jon Sanders, April 6, 2016
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    New Carolina Journal Online features

    Don Carrington reports for Carolina Journal Online on unresolved questions surrounding a proposed Randolph County megasite. John Hood’s Daily Journal explains why election candidates ought to be focusing more attention on fiscal responsibility.
    Mitch Kokai, April 6, 2016
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    A Charlotte real estate market update

    From the annual Charlotte Commercial Forecast, as reported by the Charlotte Observer. Two things stick out in my mind: • Mix use is growing but also more difficult to finance. The financing issue isn’t really surprising as mix use contains multiple types of risk — apartments, retail, and office…
    Michael Lowrey, April 4, 2016
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    Charlotte starts to grow to the west

    Charlotte meaning the city itself as well as the suburbs where many people that work there live, has expanded out over the past decades to the north (Huntersville, Iredell County etc.), south (Rock Hill), and east (Cabarrus and Union counties). Charlotte though hasn’t really grown out much to the west.
    Michael Lowrey, March 30, 2016
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    Manufacturing jobs are never coming back

    Ben Casselman writing for Since the recession ended in 2009, manufacturing output — the value of all the goods that U.S. factories produce, adjusted for inflation — has risen by more than 20 percent, because of a combination of “reshoring” and increased domestic demand. But manufacturing employment is…
    Michael Lowrey, March 29, 2016