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Business

  • Unemployment stays below 6 percent for September

    Brunswick County’s unemployment rate remained below 6 percent for September at 5.9 percent.

    The rate change continued a monthly fluctuation, rising from 5.7 percent in August and 5.6 percent in July. The unemployment rate for June jumped up to 5.8 percent after hitting a year low of 5.5 percent in May. The unemployment rate last reached 6 percent in April.

    The rates dropped significantly compared with early 2016, when Brunswick County had 6.7 percent unemployment for March, 7.8 percent in February and 8.1 percent in January.

  • Secretary of State releases annual charitable giving report

     

  • Brunswick County housing market shows continued growth throughout third quarter

    Brunswick County’s residential real estate market demonstrated steady growth in September, completing a strong third quarter, according to the most recent statistics from the Brunswick County Association of Realtors. The average sales prices for the third quarter increased 7.1 percent from last year and third quarter total sales are up 8.3 percent over this time last year.

    The September numbers show an increase in sales volume over last year, with total sales at $83,720,000 for the month vs. $80,065,550 for September 2015, a 4.6 percent increase.

  • County market reports strong summer growth

    Brunswick County’s residential real estate market demonstrated steady growth throughout the month of August. The total number of units sold rose 4 percent over August 2015, the average sales price was up 13.7 percent from last year and total sales for August increased 10.9 percent over the same time last year, according to the most recent statistics from the Brunswick County Association of Realtors (BCAR).

  • NCDOI to continue BCBSNC examination

    The North Carolina Department of Insurance has determined further examination of Blue Cross Blue Shield is necessary. The initial examination report was delivered to BCBS on May 31.

    Interactions with Blue Cross Blue Shield have been ongoing but disagreements on the findings persist. NCDOI is going back in to do an additional examination and hopefully move toward a resolution, according to a news release from the agency.

    Consumers in need of assistance from NCDOI should call (855) 408-1212 or go to ncdoi.com.

  • Brunswick County market remains consistent

    Brunswick County’s residential real estate market demonstrated consistent strength with healthy numbers in July. While sales dropped slightly from 2015, 2016 has yielded consistent, strong numbers month over month, according to the most recent statistics from the Brunswick County Association of Realtors.

  • County unemployment stays below 6 percent for June

    Brunswick County’s unemployment rate remained below 6 percent for June, but increased to 5.8 percent after dropping to 5.5 percent in May.

    The unemployment rate was 6 percent in April.

    The year-to-year unemployment rate is down 1.5 percent. The unemployment rate in Brunswick County from June 2015 was 7.3 percent.

    Unemployment numbers are released through the North Carolina Department of Commerce Labor and Economic Analysis Division.

  • Leadership Brunswick County accepts applications

    Leadership Brunswick County is a program sponsored by Brunswick Community College and the Southport-Oak Island Area, North Brunswick and Brunswick County chambers of commerce to develop corps of informed, committed and qualified individuals capable of providing dynamic leadership for Brunswick County. It is designed to identify highly motivated, emerging leaders and educate them about the needs of our community, as well as the dynamics of social and economic changes.

  • BEMC’s patch of green on U.S. 17 offers solar power

    Brunswick Electric Membership Corp. has branched out into farming.

    The company built a solar farm, an array of solar panels along U.S. 17 to offer customers a green electricity alternative.

    “With renewable energy on people’s minds we offered this as an option,” BEMC marketing communications specialist Heather Holbrook said.“We offered it for those who really want to go green. It’s not for everyone, but of our 73,000 customers, some might be green.”

  • June real estate sales up and days on market down

    Brunswick County’s residential real estate sales show promising numbers for both buyers and sellers, according to the most recent statistics from the Brunswick County Association of Realtors.

    The number of units sold increased from 342 in June 2015 to 386 in 2016, an 11 percent increase. Total sales for last month were $91,171,000, a 13 percent decrease from the $105,530,000 in June last year. The average sale price decreased 9 percent from $259,916 to $236,190 between June 2015 and June 2016.