WASHINGTON — U.S. construction spending rose in November at the strongest pace in more than four years, driven by solid gains in home construction and commercial projects. The Commerce Department said construction spending increased 1 percent in November to a ...Read More »
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RALEIGH — Gov. Pat McCrory’s administration is moving to privatize parts of the public agency that woos companies and jobs to North Carolina, hoping to make business recruitment more agile and effective. The revamp would motivate business recruiters in the same way ...
Tagged with: Commerce Department Commerce Secretary Sharon Decker Economic Development Partnership of North Carolina Inc. Good Jobs First Gov. Pat McCrory incentives John Lassiter NC Policy Watch public-private partnership Renew North Carolina Foundation Rob SchofieldRead More »
WASHINGTON — Average U.S. rates for fixed mortgages crept higher this week but remained low by historical standards. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan increased to 4.48 percent from 4.47 percent last week. ...Read More »
WASHINGTON — The U.S. economy grew at a solid 4.1 percent annual rate from July through September, the fastest pace since late 2011 and significantly higher than previously believed. Much of the upward revision came from stronger consumer spending. The ...
Tagged with: Commerce Department Congressional Budget OFfice Fed Chairman Ben Bernanke GDP grew at 4.1 percent from July through September 2013 National Association for Business Economics stronger consumer spending U.S. economyRead More »