June 9. North Carolina is the sixth-best performer economically speaking according to a 2025’s Best & Worst State Economies. Economic Performance of North Carolina (1=Best; 25=Avg.): Overall Rank: 6th 6th – Change in GDP 17th – Startup Activity 11th – % of Jobs in High-Tech Industries 26th – Annual Median Household Income 12th – Change in Nonfarm Payrolls 24th – Unemployment […]
June 5. Recent home sales in excess of $1 million. $5,363,000 Richard & Sheila Brown to Carl Paparella & Melissa Valenzuela, 18432 Harbor Light Blvd., Cornelius $3,700,000 James Michael & Cynthia Griffin to Don & Linda Weippert, 18201 Town Harbour Rd., Cornelius $3,250,000 Leroy Forrester III to Brian & Katherine Wright, 18922 Balmore Pines Ln., […]
June 5. Amazon will invest $10 billion to launch a new high-tech cloud computing and artificial intelligence (AI) innovation campus in Richmond County, creating at least 500 new high-paying, high-tech jobs. Amazon’s investment is among the largest in state history. Construction alone is expected to support thousands of jobs. Amazon Web Services (AWS) is the […]
June 3. These businesses have registered with the North Carolina Secretary of State. 3/17/25 Ballolethe’s food LLC, Ubaldo Cortez Juarez, 310 Depot St., Davidson 3/17/25 JoyEve Realty LLC, Solomon Fleckman, 14214 Sunnyhill Grove Rd., Davidson 3/18/25 Under the Rainbow LLC, Caroline Harmon, 619 Lorimer Rd., Davidson 3/21/25 Atkom Realty LLC, Aravind Reddy Kommidi, 17873 Summers […]
June 2. By Mark Walden. [Commentary] Price inflation was one of the top issues in the 2024 presidential election. People were tired of seeing big price jumps, especially if those increases were more than their income rose. Candidates promised that — if elected — inflation would be reduced. Recently, the latest inflation rate was released. […]
May 28. Local business and community leaders gathered at the Lake Norman Chamber of Commerce to celebrate Small Business Week and to recognize local small businesses. Recognized were Liz and Mike Marlow from AlphaGraphics in Cornelius, Zach Weir and Levi Bretz representing Jeff Weir for Freedom Boat Club in Davidson; Angela Fluck representing Sue and […]
May 21. By Dave Yochum. It looks like one of the region’s trophy properties is on the market less than a year after it was sold. Newmark, a leading global real estate advisory and services firm with offices in Charlotte, has listed Birkdale Village for an undisclosed amount. Lake Norman real estate broker Nick O’Shaughnessy, […]
May 19. [Analysis] By Mike Walden. Recently, the U.S. Bureau of Economic Analysis released its quarterly GDP report, the first of the year and the first during the new Trump administration. Normally, this report is a “yawner” for most people, and only gets the attention of economists and others who track the economy on a […]
Atrium Facility Executive Brian Wofford May 16. Brian M. Wofford, the inaugural CEO/facility executive of Atrium Health Lake Norman Hospital, will field questions during the open forum Q&A Newsmakers Breakfast May 22 at The Peninsula Club. The $255 million hospital on 31 acres is an economic game-changer for Cornelius. Set to open early in July, the […]
May 14. These businesses have registered with the North Carolina Secretary of State. 3/17/25 Sapphire Signature Interiors LLC, Adam G. Breeding, 21235 Catawba Ave., Cornelius 3/18/25 Learning for Life Foundation Inc., Shawn Lee, 19520 W. Catawba Ave. Ste. 311-B, Cornelius 3/18/25 Olympus Lake Norman LLC, Lee Wells, 22425 Market St. Apt. 3402, Cornelius 3/18/25 Orbegoso […]