Since 2010, when voters put Republicans in charge of most state governments across the United States, North Carolina became one of about a half-dozen states where conservative reformers have frequently — and sometimes spectacularly — faced off with progressives in ways that have attracted significant national attention. In 2011, the new GOP-majority General Assembly defeated […]
Unemployment
Employment Increases by more than 85,000
Employment figures released earlier this week by the state Department of Commerce show that the number of people employed in North Carolina increased by a total of 85,879 throughout 2017, while the number of people unemployed decreased by 20,263 over the same year-long period. The employment growth data follows a positive revenue outlook released by the […]
Unemployment Continues to Drop
North Carolina’s unemployment rate dropped once again to 4.1 percent in July, decreasing 0.1 percentage points from June and remaining below the national average of 4.3 percent. According to the Center for Economic and Policy Research, most economists consider full employment (otherwise known as the “Nonaccelerating Inflation Rate of Unemployment,” or NAIRU) to be in […]
Majority Leader Outlines Record of Success
The following piece was written by North Carolina House Majority Leader John Bell and first appeared in the North State Journal on February 8, 2016. What We’ve Done for North Carolina North Carolina was once a state that was defined by slow economic growth, high unemployment, burdensome taxes, and massive federal debt. Our great state […]
Let it Grow! Let it Grow! Let it Grow!
The following article is reposted from yesterday’s edition of the Raleigh News & Observer. It references a report prepared by Dr. Michael L. Walden, William Neal Reynolds Distinguished Professor, Department of Agricultural and Resource Economics at North Carolina State University. You can read the entire report here. (Note: Dr. Walden’s report concerns North Carolina’s economic […]
Yet Another Surplus of Good News
While our friends on the left continue to complain about how conservative economic policies are holding North Carolina back, the state continues to enjoy lower unemployment and unprecedented budget surpluses. It was announced yesterday that for the first quarter (July – September) of the current (2016-17) Fiscal Year, North Carolina collected $191 million more in tax […]
It really is about the economy…
It’s the Economy, Saluted
Breaking a 140-year streak of one-party rule in North Carolina, in 2011 Republicans gained the majority in both chambers of the state legislature. And they went right to work implementing a whole host of pro-growth reforms which have powered an economic recovery that’s the envy of the nation. Since 2011, North Carolinians have enjoyed more […]