NC Economy

The Genentech biotechnology plant will create more than 400 jobs.

A new North Carolina forecast from the General Assembly and Gov. Roy Cooper’s administration expects revenues during this fiscal year and next to be higher than what's projected in the current state budget.

The 2,200 CFOs surveyed predict gross domestic product will grow 2.2% over the next four quarters.

An exploration of what went wrong and what went right with the economy in 2023, and what to expect in 2024, with economist Jackie Benson.

Workers gathered outside Pactiv Evergreen’s Canton paper mill last week to hear one final blast from the steam whistle. After more than 115 years, the mill in the small Western North Carolina mountain town is shutting down.

About 1,800 workers will make silicon carbide wafers. They will be shipped to a plant in New York, where computer chips will be imbedded into them.

Over a dozen North Carolina restaurants that closed during the coronavirus pandemic when government orders restricted their services can't be recompensed for those financial losses through their commercial insurance policies, the state Court of Appeals ruled on Tuesday.

North Carolina's resurgent post-pandemic economy could put an additional $6.5 billion over the next two years into state government coffers already swollen with cash, state economists said Tuesday.

After more than 71% of stations in North Carolina were without gas last week, fuel availability is improving in the state. However, prices, specifically in the Triangle, are nearing record highs.

The pandemic is likely dampening the usual Black Friday excitement.A High Point University survey this month found fewer North Carolinians are planning on…