by AJ Jessup | Feb 26, 2025 | Blog
Retail leakage, for our purposes, is the gap between the money spent by local consumers and the revenue generated by local businesses, often due to residents shopping in neighboring areas. Significant retail leakage in an area points to opportunities for new and...
by Bob Jessup | Feb 18, 2025 | Blog
“Employers can no longer afford to overlook America’s escalating child care crisis,” according to a January article in Site Selection magazine. A report from the NC Chamber Foundation indicates that thousands of North Carolinians are leaving the workforce, forgoing...
by Bob Jessup | Feb 12, 2025 | Blog
We’ve updated the original blog post to reflect that Commerce and the EDP and published their program description and model documents. For years people have advocated for North Carolina to establish a program to give local governments another tool to help businesses...
by Bob Jessup | Jan 22, 2025 | Blog
The United States Senate Finance Committee has published a broad list of ideas for tax law changes. Many of the original “Trump Tax Cuts” from 2017 are set to expire this year. Under Congress’s own rules, if those cuts are to be extended, then Congress needs to impose...
by AJ Jessup | Dec 18, 2024 | Blog
Going into a New Year, everyone has an interest rate prediction. We thought we’d look at expectations for construction costs instead. Aided by the 0.5% Federal Reserve cut in the Federal funds rate in November, the second such cut of the year, Q3 of 2024 saw the...
by Bob Jessup | Dec 18, 2024 | Blog
As we get to the start of 2025, we offer this list of items to keep in mind as you plan for new capital projects and manage your existing projects. Here are a few things to think about at least once a year: Do something with unused financing proceeds. Why pay...
