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‘North Carolina is uniquely positioned.’ Optimism on the state’s economy remains strong

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‘North Carolina is uniquely positioned.’ Optimism on the state’s economy remains strong


Thursday, March 2, 2023 5:32AM

Optimism remains strong in NC economy

A North Carolina economist is portray a optimistic image of the state’s economic system and future regardless of concern a few recession.

A survey of neighborhood and enterprise leaders throughout the state says demand is robust and so they’re optimistic it can stay that method.

“In mixture it inform us the economic system stays stronger than folks perhaps suppose it’s,” stated Laura Ullrich, senior regional economist on the Charlotte department of the Federal Reserve Financial institution of Richmond. “

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Sunny Miller is bullish on the economic system particularly in the way in which her Adara Spa suits into it however she nonetheless sees struggles.

“Final week alone I had no exhibits and no requires interviews,” she stated. “There’s not a normal anymore. There was once loyalty. Work till we die then retire. These days are gone.”

Lately she teamed up with adjoining companies on Peace Avenue to type a wellness collective.

She stated it can assist her department out and “flow” extra.

“COVID made folks understand what’s vital to them,” stated Sunny Miller, proprietor of Adara Spa on Peace Avenue off Glenwood South. “So whereas folks had a 9-5, a structured job, now they’re on the level the place they’ve freedom and adaptability to do no matter they need.”

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Ullrich stated the companies she’s talked to have made some contingency plans for a possible downturn however they don’t seem to be chopping employees due to nonetheless how onerous it’s to rent.

“I do suppose North Carolina is uniquely positioned,” stated Sean Umstead, co-owner of Kingfisher and the burger spot Queeny’s upstairs in Downtown Durham. “We now have a various kind of employer base particularly greater employers.”

Sean is optimistic for lots of causes and one as a result of costs appear to have stabilized.

That optimism may need given what Sean wanted: his greatest month because the pandemic began.

“Individuals are employed and nonetheless wish to exit and have a drink and burger and hang around and spend time in good areas,” stated Sean, who’s a semi-finalist for James Beard Award as properly.

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Fed economist Laura Ullrich talks NC companies and their optimism about state’s economic system

Speedy progress in Raleigh dangers funds shortfall, diminished emergency response instances, metropolis report warns

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North Carolina

North Carolina A&T now offers degree in artificial intelligence

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North Carolina A&T now offers degree in artificial intelligence


GREENSBORO, N.C. (WTVD) — North Carolina A&T State University is now offering a bachelor’s degree in artificial intelligence.

It is a milestone for the university to be the first in our state and one of only a handful in the nation to offer this program.

In the program, students can pick one of two concentrations: Advanced AI Systems through the College of Engineering and Applied AI in the College of Science and Technology. Courses are available both in-person and online.

Some schools already offer a concentration in artificial intelligence, but A&T will be offering a full program dedicated to AI. The university said there are talks to develop a graduate studies program in AI.

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School officials report that AI jobs are increasing in North Carolina, which will help in workforce development. According to a recent Hanover Research report, North Carolina is projected to grow at a pace over three times faster than the overall labor market, potentially generating more than 20,000 new jobs.

“Artificial Intelligence and machine learning are increasingly part of everyday life with the potential for profound and far-reaching impact on virtually every facet of society,” Chancellor James R. Martin II said in a news release. “Collaborating with federal and state agencies, major industry leaders and fellow research universities, we have created a rich AI learning environment that is well informed by the latest in science and policy. Our new bachelor’s degree will prepare students for immediate impact, especially in the critical area of human interaction with AI.”

They anticipate enrolling their first group next fall.

SEE ALSO | James Martin II announced as new chancellor for NC A&T after UNC BOG unanimous vote

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As energy needs grow, North Carolina faces solar roadblocks

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As energy needs grow, North Carolina faces solar roadblocks


North Carolina’s solar energy landscape is at a crossroads as the state works to meet its ambitious climate goals.

Under House Bill 951, passed in 2021, North Carolina is required to cut carbon emissions in the energy sector by 70% from 2005 levels by 2030 and achieve carbon neutrality by 2050. However, meeting these targets is proving difficult as energy demand surges.

Jeff Hughes, a commissioner with the North Carolina Utilities Commission, says that it’s challenging to maintain grid reliability while pursuing aggressive decarbonization goals.

“If we have two gigawatts of load coming in the next three or four years, it’s going to be very difficult to model our way, to solarize our way out of it,” Hughes said, pointing to the growing demand from industries like AI-driven data centers.

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Duke Energy, the state’s largest utility, has said fossil fuels are essential to ensuring reliable power amid increasing demand. Critics argue that the company’s reliance on natural gas and coal could derail progress toward cutting emissions.

North Carolina has long been a leader in solar energy, initially driven by smaller, five-megawatt projects. Today, the focus has shifted to larger installations, which are more efficient but face growing local opposition.

Carson Hart, CEO of Carolina Solar Energy, said scaling up has been key to increasing clean energy capacity. “Moving to these bigger projects has been really beneficial for getting more megawatts in the ground and meeting the state’s climate goals,” Hart said. But she noted that large projects often draw pushback from residents concerned about aesthetics and land use.

Rural areas are at the heart of the state’s solar boom, hosting about 80% of large-scale projects. Reginald Bynum Jr., director of community outreach at the Center for Energy Education, said rural North Carolina plays a critical role in meeting the state’s clean energy goals.

“My job is to make sure rural communities don’t miss the movement,” Bynum said. “These projects bring jobs, economic growth, and opportunities to areas that desperately need them.”

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The economic impact of solar energy is substantial. In counties with significant solar development, property tax revenues have increased by as much as 1,600%, according to the North Carolina Sustainable Energy Association. These funds have supported schools, infrastructure, and emergency services in areas facing population declines and economic challenges.

The state’s clean energy sector also supports more than 110,000 full-time jobs, according to a report from e2, with many more expected as solar development continues.

Hughes said the state’s carbon plan, which is updated every two years, will play a key role in charting a path forward.

“There’s a lot of check and adjust that will occur over the next few years,” he said.

As North Carolina advances its solar energy ambitions, balancing the needs of developers, communities, and environmental goals will be essential to achieving a sustainable and reliable energy future.

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3 men charged in connection with woman’s death at Cook Out restaurant in North Carolina

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3 men charged in connection with woman’s death at Cook Out restaurant in North Carolina



Two men have been charged with murder in the death of 29-year-old Davicia Jean Ann Lee at a Cook Out restaurant in Durham, North Carolina, last month. A third is facing a weapons charge.

Two men have been charged with murder in the fatal shooting of a woman at the fast-food restaurant Cook Out in North Carolina.

Twenty-three-year-old Alexander Kenyon Carlton Jr. and 19-year-old Calvin Jerade Spence Jr. have been charged with first-degree murder in the killing of 29-year-old Davicia Jean Ann Lee late last month in Durham, the Durham County Sheriff’s Office said in a news release on Friday.

A third man, 18-year-old Jamari Treyvon McKnight, is charged with one count of going armed to the terror of the people, which basically means terrorizing someone with a weapon like a gun.

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USA TODAY could not immediately find attorneys representing the three men.

The shooting occurred just after 10:30 p.m. on Oct. 26 at the Cook Out on South Miami Boulevard, according to the sheriff’s office. When deputies arrived at the scene, they found Lee dead.

The sheriff’s office called the shooting “an isolated incident” that happened after shots broke out following a fight, WNCN-TV reported.

Arrests made in fatal shooting of Davicia Jean Ann Lee

Detectives arrested Spence and Carlton on Thursday and took them to the Durham County Detention Center without bond on charges of carrying a concealed gun, felony conspiracy, going armed to the terror of the people and first-degree murder, the sheriff’s office said.

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McKnight was also taken into custody and arrested Thursday night on misdemeanor going armed to the terror of the people, according to the sheriff’s office. The Morrisville police arrested him and he is currently being held in the Wake County Detention Center until his first court appearance, the agency added.

The investigation into Lee’s homicide is ongoing, while all findings are now in the process of being turned over to the Durham County District Attorney’s Office for prosecution, according to the sheriff’s office.



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