Raleigh, N.C. – The state’s seasonally adjusted January unemployment rate was 5.9 percent, declining 0.2 points from December’s revised rate. The national rate declined 0.4 points to 6.3 percent. North Carolina’s January 2021 unemployment rate increased 2.4 percentage points from a year ago. The number of people employed increased 9,882 over the month to 4,741,046 and…

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Raleigh, N.C. – North Carolina Main Street Champions will be recognized for their commitment to downtown revitalization and strong communities during a virtual recognition ceremony today. “There are three keys to economic development success: public-private partnerships that share in the effort and jointly celebrate the successes of projects; economic development strategies that leverage local assets for authentic…

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Raleigh, N.C. – Nine communities will receive awards for excellence in downtown revitalization during the North Carolina Main Street Awards Ceremony this evening. Liz Parham, Director of the North Carolina Main Street and Rural Planning Center will present the awards virtually in categories that include economic vitality, design, promotion and organization.  “We are delighted to honor…

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Upcoming N.C. Main Street Conference Focuses on Economic Recovery Raleigh, N.C. – North Carolina community and economic development leaders will convene virtually for the 2021 North Carolina Main Street Conference, March 9-11. Organized by the North Carolina Department of Commerce and its N.C. Main Street and Rural Planning Center, this year’s conference will be held online…

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New report projects a $100+ billion U.S. market opportunity, recommends next steps to attract manufacturing supply chain to the state Raleigh, N.C. – North Carolina stands well positioned to attract a significant portion of a more than $100 billion market opportunity from the growing offshore wind energy industry, according to a comprehensive new report released today…

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Research Triangle Park, N.C. – Machelle Baker Sanders affirmed her oath of office as North Carolina’s Secretary of Commerce on Monday during a ceremony at the First Flight Venture Center. Secretary Sanders’ choice of the Research Triangle Park venue honors the ongoing importance of innovation, entrepreneurship, and inclusion to the state’s economy.  Secretary Sanders assumes her role…

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by Andrew Dunn, Carolina Journal News Service RALEIGH — North Carolina’s heavy-fisted response to the coronavirus pandemic has resulted in a delayed economic recovery, reports from state and national economists show. Things won’t speed up for a while. The latest projections call for relatively high unemployment through next year. School closures and business restrictions led to an…

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Raleigh, N.C. – Unemployment rates (not seasonally adjusted) increased in 55 of North Carolina’s counties in December, decreased in 28, and remained unchanged in 17. Scotland County had the highest unemployment rate at 10.2 percent while Watauga County had the lowest at 4.3 percent. Four of the state’s metro areas experienced rate increases, seven decreased,…

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Raleigh, N.C. – Twenty-nine innovative companies across North Carolina have received grants to foster job creation and promote research and technological development in response to the pandemic, the Department of Commerce announced today. The One North Carolina Small Business Program awarded a total of $1.5 million to the selected technology-oriented businesses. The One North Carolina Small…

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Raleigh, N.C. —The state’s seasonally adjusted December unemployment rate was 6.2 percent, remaining unchanged from November’s revised rate. The national rate remained unchanged at 6.7 percent. North Carolina’s December 2020 unemployment rate increased 2.6 percentage points from a year ago. The number of people employed increased 27,571 over the month to 4,702,115 and decreased 215,063 over…

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