News
Revenue forecast rises as lawmakers warn of Medicaid costs, tax cuts
1+ hour, 46+ min ago (796+ words) State budget analysts have released an updated revenue forecast showing stronger-than-expected collections, but lawmakers caution that rising costs and future tax cuts could strain North Carolina's finances. The Fiscal Research Division and Office of State Budget and Management project $35.079 billion…...
Hidden taxes: The housing affordability crisis is math, not politics
3+ week, 5+ day ago (523+ words) In the latest Carolina Journal Poll out on Thursday, more than 74% of Republican primary voters say taxes are still too high in our state. For those neighbors earning between $40,000 and $70,000 annually, the number who believe this jumps to 87%. There is…...
Cost of living rises slower in NC than national pace
1+ mon, 2+ day ago (462+ words) North Carolina residents experienced a slightly lower inflation rate in January 2026 compared to the national average, according to'the latest data'from the United States Bureau of Labor Statistics released Feb. 13. The Consumer Price (CPI) Index for the Southern region " which includes…...
NC loses 7,200 manufacturing jobs in 2025, says NC Commerce
1+ mon, 1+ week ago (473+ words) North Carolina's manufacturing sector reported one of the largest yearly job losses of any major industry. Unemployment rates have declined across North Carolina, while overall employment increased in other sectors, according to new data from the North Carolina Department of…...
Why NC is outperforming the nation’s soft landing
1+ mon, 1+ week ago (235+ words) Several structural factors are at work. The state has benefited from strong in-migration, a diversified, service-based economy, and sustained growth in construction, professional services, and health care. But policy has played an important role as well. The result is an…...
NC's GDP increases by 5.6% in 3rd quarter
1+ mon, 4+ week ago (366+ words) The US Bureau of Economic Analysis (BEA) recently released'third-quarter numbers'for 2025, showing a gross domestic product (GDP) increase of 5.6% for North Carolina." According to data from the BEA, North Carolina achieved a $900 billion GDP for the first time, which is 75% higher…...
Lifestyle costs up from previous generations
2+ mon, 2+ week ago (500+ words) Lifestyle costs have increased, as housing, food, and other living expenses have risen sharply in recent years. Younger generations may have a higher baseline cost for a basic lifestyle than earlier generations, despite a positive economic outlook for 2026." In April…...
Economic outlook 2026: NC remains strong
2+ mon, 2+ week ago (674+ words) Despite tariff wars and trade deals taking a toll on American consumers and business owners, the economic outlook for 2026 appears strong, according to experts, both nationwide and in North Carolina." Dr. Michael Walden, an economist and professor at North Carolina…...
NC economy looks steady, but worrying signs are under surface
3+ mon, 5+ day ago (799+ words) As we close out the year and plan for 2026, North Carolina occupies an enviable space in the national economic landscape." Job announcements continue. Consumers are still spending. Markets remain elevated. On the surface, the state looks steady, even strong. But…...
Trade with China down overall in 2025
3+ mon, 1+ day ago (380+ words) In 2025, China was one of the United States" top trade partners on both the import and export sides; however, a closer look at the data reveals that overall trade with China is down compared to the previous year." "This year,…...