Press Releases

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:

CNBC has named North Carolina as America’s Top State for Business in 2023 for the second year in a row. This morning, Governor Roy Cooper joined CNBC’s Scott Cohn at the Biltmore Estate in Asheville for a live broadcast where the winner was revealed.

TTX Company, a major provider of railcars and related freight car management services to the North American rail industry, will move its headquarters to Charlotte, creating 150 jobs Governor Roy Cooper announced today.  The company will invest $14.5 million in Mecklenburg County.

Honda Aircraft Company, maker of the renowned HondaJet light aircraft, will develop and produce a longer-range version of the plane at its Greensboro facilities, creating 280 jobs Governor Roy Cooper announced today.

The North Carolina Main Street & Rural Planning Center has selected Mebane and Zebulon