Cost curve bends, but not enough
Medical spending in the US as a share of gross domestic product was 15% lower than projected 14 years earlier, and indeed was only “marginally higher” than in 2010.
Whatever the explanation, our present reality is a growing NC economy with surprisingly anemic rate of net new jobs. Policymakers, please take note.
America is the top destination for migrants in the world because we create an environment where people can thrive. And within our nation, NC is near the top. Does that make us the greatest place to be on earth? Pretty much.
Wilmington’s ranking highlights an overall shift toward smaller metro areas becoming hubs for innovation and business growth.
Who is to blame for North Carolina losing its industrial base over the past two decades? Misguided federal lawmakers who passed free-trade agreements? Foolish state policymakers who refused to invest in new infrastructure? Overzealous local regulators? I’ve heard each of these explanations before. Perhaps you have, too. But none constitutes a valid explanation for North...
North Carolina’s 72 public airports not only contribute $88 billion to the state’s economy every year but also support 427,000 jobs that generate $34 billion in personal income and return $4.8 billion in state and local tax revenues.
Among the European Union countries with lower GDPs per capita than North Carolina’s are Germany, the Netherlands, France, Sweden, Italy, and Spain.
North Carolina’s private sector lost an eye-popping 414,000 jobs in the most-recent quarter. Are we on the brink of economic cataclysm?
President Joe Biden made two stops in North Carolina on Thursday. The first took place after 1 pm in Charlotte when he met privately with the grieving families of the four officers who were killed in an ambush in east Charlotte on Monday.
All eyes are fixated on former President Donald Trump’s hush money trial, which got underway this week in New York City.
How has North Carolina’s economy been performing lately? Let’s focus on four standard measures: unemployment, jobs, incomes, and gross domestic product. Last week, the US Census Bureau released its latest jobs report. It’s based on two surveys. The household survey polls hundreds of North Carolinians and generates, among other statistics, the unemployment rate. The establishment...
The United States’ national debt is above $34 trillion, but leaders in Washington do not notice. Instead, they’re focused on more important things, like the national security threat of foreign garlic or maintaining funding for a United Nations aid organization, some of whose workers may have been involved with the Hamas attack on Israel on Oct. 7. Sadly,...