Supply | Brunswick County Realtors rallied Thursday to celebrate three consecutive months of gains in home sales over 2007 numbers, potentially a sign that the wounded housing market is on the rebound locally.
But UNCW economics professor William Hall said it’s too soon to tell. He also told the Realtors he has downgraded his previous forecast of economic growth this year in the three-county region from 4.5 percent to 3 percent.
Hall also said that actual growth in 2007 was 3 percent, rather than the projected 4.5 percent.
“There was a dramatic slowdown in the retail trade sector of the local economy, and that’s a pretty important part,” Hall said in an interview after the Realtors’ meeting. Continue reading
The U.S. economy grew at a revised 0.9 percent annual rate in the first quarter, slightly better than previously thought because of lower demand for foreign goods and services and a pickup in non-residential building, the Commerce Department said Thursday.
The department estimated a month ago that gross domestic product, which Continue reading
WILMINGTON — Some of the most powerful people in broadcasting are in Wilmington, working to educate TV viewers about the upcoming switch to digital television.
Wilmington is the first TV market in the country to make that switch, and some of viewers are clearly concerned about how they will stay informed during a hurricane. Continue reading
WILMINGTON — A new condo complex is coming to downtown Wilmington, but first one of the city’s tallest buildings must be torn down.
Some people who live and work near the Wachovia building are concerned how it will be done.
Tuesday night, builders made it clear they want the construction to go as smoothly as possible.
There is already some rubble on the sidewalk and tons more is on its way down when demolition begins on the 40-year-old Wachovia building next month. Continue reading
Its official opening isn’t until June but, except for adding the aerator and some more plants, the extensive pond renovation at the New Hanover County Arboretum is finished – and it is well worth a visit. The transformation is a major improvement and one that is sure to please visitors.
John Grudzien, a volunteer and member of the Arboretum Foundation board, said, “Our staff and board felt it was time for an upgrade and updating to a more green and eco-friendly filtration system. And there were safety concerns with the pond that needed to be addressed.” Continue reading
COLUMBIA, Missouri (AP) — After years of helping authorities look for murder victims and survivors of natural disasters, a search-and-rescue dog named Molly has been rescued herself.
Surgeons at the University of Missouri College of Veterinary Medicine on Thursday installed a pacemaker in the 5-year-old chocolate Labrador retriever’s heart. She needed the surgery after being diagnosed with a complete electrical heart blockage. Continue reading
In the wake of the wildly successful Spirit and Opportunity rover missions, you would think NASA would approach the landing of the next Martian probe with high confidence.
But the truth is sometimes not what you would think.
“I do not feel confident. But in my heart I’m an optimist, and I think this is going to be a very successful mission,” said principal investigator Peter Smith, an optical scientist with the University of Arizona. “The thrill of victory is so much more exciting than the agony of defeat.” Continue reading
Welcome to Wilmington, North Carolina, a coastal city, located between Cape Fear and the Atlantic Ocean in the South Eastern portion of North Carolina. If you are looking for a place with warm temperatures, casual lifestyles and a touch of the “new south charm”, Wilmington will be the place for you. You will love the historic feel, and find the city to be an exciting place to visit, and an even better place to relocate. Continue reading
Apparently, there’s just something about North Carolina. For the second year in a row, America‘s best city in which to live lies within its borders, according to Relocate-America.com’s annual list.This year, Charlotte, N.C., is in the top spot, the site announced this week. Last year’s winner was Asheville, N.C., which slipped to No. 7 on this year’s list. Continue reading