GROW NC discusses $791M Helene recovery plan, challenges
Officials described Hurricane Helene as a $60 billion storm, pointing to the necessity of combining public, private, and nonprofit resources.
Under current federal rules, states can designate certain low-income census tracts as opportunity zones, allowing investors to receive tax benefits for investing in businesses or real estate projects in those areas.
The subcommittee plans to continue refining its recommendations in the coming months, with future discussions expected to focus on education, health care, and strategies to attract private investment to the region.
With only a few days left to cast ballots in the 2022 primaries, most North Carolinians are worried and frustrated. Many are furious. Some 62% of voters responding to a recent High Point University poll said the country had “gotten pretty seriously off on the wrong track.” Even higher shares of state voters said something...
To say North Carolina is bouncing back is not to say everyone is coming along for the bouncy ride. Still, things could be worse. In most the country, in fact, they are.
Employers are hiring people back, but not as robustly as we need them to. North Carolina’s labor market is still down 326,000 jobs since February.
As more North Carolinians manage to get and stay employed, our immediate economic future becomes less gloomy. The same could be said for the fiscal outlook of state and local government.
Amid ongoing COVID-19 debates, some policymakers are focusing on the post-pandemic world.
Every month we keep parts of our economy sidelined will be another month of frustration, loss, and despair for all too many North Carolinians who simply want to get back to work.
From flattening the curve to trending, tracking, and tracing. From PPE shortages, to months–long lockdowns and millions of unemployment claims. To stretching our constitutional rights to go along with months of fear, anxiety, and uncertainty. Through all this one thing is certain: The COVID-19 pandemic has created a tremendous amount of stress, falling upon our...
North Carolina’s economy has been devastated by the decisions of Gov. Roy Cooper and state and local officials in their attempt to ameliorate the effects of COVID-19. To enforce social distancing rules, politicians outlawed a number of occupations and businesses. Included in these restrictions are restaurants and restaurant workers, beauty salons and barbershops, specialty stores,...
The following editorial appeared in the February 2017 print edition of Carolina Journal: Timing matters, in both stand-up comedy and interpreting statistical trends. Left-leaning groups are likely to seize on findings by N.C. State University economist Mike Walden, in his monthly Carolina Journal column (reprinted here), to deflate the notion that a Carolina Comeback ever...