Wilmington Business Development

Brunswick County and Wilmington Business Development now have a formal agreement outlining opportunities for cooperation on the economic development front.  The board of directors of The Southeastern Partnership, another regional economic development entity that is, like WBD, a public-private partnership, has approved requests by three counties to become part of their organization’s geography and marketing.   Craven, Lenoir, and Moore Counties.  The brings the number to 18 of counties marketed by the Southeastern Partnership – which is based in Elizabethtown.  That’s in Bladen County. 

Vince Winkel

Some of the world’s best golfers will descend on Wilmington in just under three weeks for the Wells Fargo Golf Championship. The event at Eagle Point Golf Club is projected to drive millions of dollars into the local economy and millions of TV viewers for the tournament. It’s prompted a new marketing initiative for the Cape Fear Region, but its focus is not on tourism. It's economic development. 

Vince Winkel

The Cape Fear Economic Development Council is a Wilmington-based group that advocates for sustainable economic development.  At a recent meeting, they looked at whether state or local governments are best-suited to lead development efforts. 

University of South Carolina’s Darla Moore School of Business; University of North Carolina Wilmington

2016 will bring stable but moderate growth to North Carolina and the Cape Fear region. That’s the prediction from the 24th Annual Economic Forecast, sponsored by McGladrey, the Wilmington Chamber of Commerce, and Wilmington Business Development.

Home prices and household spending are on the rise, indicating consumer confidence.  But the economic recovery hasn’t quite reached the business sector yet.  Here’s Rick Kaglic of the Federal Reserve Bank of Richmond: