North Carolina set a record for visitor spending in 2022, according to county-level data released today by the North Carolina Department of Commerce.
The state’s seasonally adjusted July 2023 unemployment rate was 3.3 percent, unchanged from June’s revised rate. The national rate decreased 0.1 of a percentage point to 3.5 percent.
The North Carolina Rural Infrastructure Authority (RIA) has approved five grant requests to local governments totaling $1,384,730, Governor Roy Cooper announced today. The requests include commitments to create a total of 133 jobs.
Deere & Company [NYSE: DE] and Kreisel Electric GMBH, an Austrian company, which John Deere acquired majority ownership of in 2022, will create 50 jobs in Forsyth County, Governor Roy Cooper announced today.
Unemployment rates (not seasonally adjusted) increased in 86 of North Carolina’s counties in June 2023, decreased in five, and remained unchanged in nine. Scotland County had the highest unemployment rate at 6.4 percent while Swain County had the lowest at 2.7 percent.
The North Carolina Department of Commerce and several of its state partners provided updates on the state’s economic development strategic plan during a virtual First in Talent Town Hall today.
CommScope [NASDAQ: COMM], a global telecommunications leader, plans to add 250 new jobs with a $60.3 million investment to expand its fiber-optic cable manufacturing operations in Catawba County, Governor Roy Cooper announced today.
The state’s seasonally adjusted June 2023 unemployment rate was 3.3 percent, decreasing 0.1 of a percentage point from May’s revised rate. The national rate decreased 0.1 of a percentage point to 3.6 percent.
Local governments in 69 North Carolina counties can now apply for funding from a program associated with the Southeast Crescent Regional Commission (SCRC), a state and federal partnership agency crafted along the model of the long-established Appalachian Regional Commission.
North Carolina Commerce Secretary Machelle Baker Sanders issued a statement today, following CNBC’s announcement naming North Carolina “America’s Top State for Business” for the second year in a row: