Business
Arts in Mecklenburg: A $453 million industry
Oct. 17. The Arts & Science Council (ASC) says Charlotte-Mecklenburg’s nonprofit arts and culture industry generated $453.8 million in economic activity in 2022. According to data compiled by Americans for the Arts/Arts & Economic Prosperity 6, there was $217,865,355 in spending by nonprofit arts and culture organizations last year. Audiences spent $235,934,800 in event-related activities, […]
Latest openings in Birkdale Village
Oct. 16. The hair blowout salon Drybar is opening Oct. 20 in Birkdale Village, focusing on blowouts. A founding member rate offer must be accepted before the franchise opens. Lilly Pulitzer Fashion retailer Lilly Pulitzer opened in Birkdale Village at16925 Birkdale Commons Pkwy Suite A, Huntersville. Hours are: 10 am – 7 pm Monday – Thursday; […]
4 tips for internet security
Oct. 11. TDS Telecommunications, the high-speed internet, TV entertainment and phone services that serves Mooresville, Davidson and Cornelius, says artificial Intelligence (AI) is here to stay and while there are many benefits, bad actors are using it as well to replicate voices and “create deep fakes” to deceive people. “The best way to fight against […]
LKN Chamber Expo is Oct. 10
Oct. 9. The Lake Norman Chamber’s Business Expo returns to the Huntersville Recreation Center on Verhoeff Drive tomorrow. Lake Norman’s largest business trade show—it’s the chamber’s signature event—will feature more than 100 vendor booths. It was cancelled due to COVID-19 in 2020 and 2021. In years past, more than 1,500 people attended the trade show […]
NC manufacturing by the numbers
Oct. 4. With the eighth-largest manufacturing economy in the United States, and the largest manufacturing workforce in the southeast, manufacturing remains essential to the success of every sector of North Carolina’s economy. Here’s a look at manufacturing in North Carolina as Manufacturing Week gets under way. Number of NC manufacturers: 11,000 Multiplier effect: For every […]
Hot Properties: Million-dollar deals
Oct. 3. Recent home sales in excess of $1 million: $2,827,000 Deborah Parry to Yuri & Dina Samsonov, 18223 Capstan Greens Rd., Cornelius $1,975,000 Brett & Shelley Cianfoni to Jessica Gordon & Kenneth Head Jr., 630 James Alexander Way, Davidson $1,550,000 Dina & Yuri Samsonov to Christopher & Patricia Duran, 16910 Yawl Rd., Cornelius $1,300,000 […]
Mecklenburg’s August jobless rate down from same time last year
Sept. 27. Not seasonally adjusted unemployment rates increased in 41 of North Carolina’s counties in August 2023, decreased in 28, and remained unchanged in 31. Scotland County had the highest unemployment rate at 6.2 percent while Swain County had the lowest at 2.7 percent. Seven of the state’s metro areas experienced rate decreases, two increased, […]
Wealthy Millennials are moving to North Carolina
Sept. 26. The Millennial generation—those currently aged 27 to 42—is America’s largest, and as they move solidly into their peak earning and spending years, they are asserting their economic power. Looking only at people who moved into or out of the state, North Carolina reported a 2.9 percent net increase in wealthy millennials—defined here as […]
NC jobless rate down .6% from one year ago
Sept. 20. The state’s seasonally adjusted August 2023 unemployment rate was 3.3 percent, .5 percent lower than the national jobless rate of 3.8 percent. North Carolina’s unemployment rate decreased 0.6 of a percentage point from a year ago. The number of people employed increased 12,790 over the month to 5,072,983 and increased 103,639 over the […]
Chick-fil-A will open $58.3 million distribution center in Kannapolis
Sept. 19. Chick-fil-A Supply, the distribution service provider for Chick-fil-A restaurants, will establish distribution center in the Lakeshore Corporate Park in the Rowan County portion of Kannapolis. The $58.3 million plant will generate 112 new jobs over the next five years with 85 of those jobs occurring in the first two years. Lakeshore Corporate Park, […]
