Press Releases

North Carolina’s Innovation Ranking Improves

Thursday, Apr 14, 2022

North Carolina continues to make progress in its overall innovation capacity, rising one place in its national ranking, but the state still needs to encourage more private-sector research and development activities, according to the latest edition of a closely watched report on innovation in Nort

North Carolina’s February County and Area Employment Figures Released

Wednesday, Apr 6, 2022

Unemployment rates (not seasonally adjusted) decreased in 50 of North Carolina’s counties in February, increased in 12, and remained unchanged in 38. Hyde County had the highest unemployment rate at 8.9 percent while Orange County had the lowest at 2.5 percent.

North Carolina’s February Employment Figures Released

Friday, Mar 25, 2022

The state’s seasonally adjusted February 2022 unemployment rate was 3.7 percent, decreasing 0.2 of a percentage point from January’s revised rate. The national rate decreased 0.2 of a percentage point to 3.8 percent.

New Grant Program Launched to Transform Rural Communities

Wednesday, Mar 23, 2022

The Rural Transformation Grant Fund, a new source of support for rural economic development in North Carolina, is now accepting applications from local governments seeking to overcome challenges that limit their economic competitiveness.  The North Carolina Department of Commerce and its Rural Ec

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