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Economy

Governor To Announce Multi Million Expansion For Local Company

Posted under Economy on September 30th, 2008 by RomeNewswire0 comments

Governor Sonny Perdue is in Europe this week on an economic trip with hopes of bringing in jobs and investment to the state.
The Governor has taken heat this week from critics who said this was not a time to be spending 100 thousand dollars on an economic trip while state residents are in the […]

Gas Crunch Seems To Be Easing Locally

Posted under Economy on September 30th, 2008 by RomeNewswire0 comments

While lines are still the norm at many stations that have gas available, it seems this morning that they are not as long and more stations have fuel available.
You can track which stations have gas available or post stations that you see with fuel in our forum, RomeWired! Click Here!

Gingrey Votes Against Bailout; Calls For Market-Driven Response

Posted under Politics, Government, Economy on September 29th, 2008 by RomeNewswire0 comments

U.S. Congressman Phil Gingrey today voted against the Wall Street bailout proposal but called on Congress to immediately return to DC after Rosh Hashanah to work on the issue.
“Thanks to the efforts of Senator McCain, John Boehner and other conservative Members of Congress, the bill we voted on today is vastly better for the taxpayer […]

Hurricane Causes Fear of Fuel Shortage! Local Gas Stations Raising Prices

Posted under Weather, Business, Economy on September 12th, 2008 by RomeNewswire0 comments

(Photo above shows the pump at Dragon Fuel on Park Avenue in Lindale)
A hurricane in the Gulf of Mexico is feeding the fear of a gas shortage locally as fuel customers around town are seeing a wide variety of prices this morning. Stations are charging anywhere from $3.55 per gallon for regular to upwards of […]

Volkswagen looking at NW Ga Sites

Posted under Business Development, Chamber of Commerce, Economy on September 10th, 2008 by RomeNewswire0 comments

A large contingent of economic developers made an overnight stop in Rome Tuesday after a day long bus tour of properties in northwest Georgia.
The last stop for the day was Rome’s Richard Russell Airport.
The group looked at locations in Canton, Cartersville, Adairsville, Calhoun, Dalton, Ringgold and Rock Springs Tuesday […]

Unemployment At Highest Rate In 15 Years

Posted under Jobs, State Of Georgia, Economy on August 14th, 2008 by RomeNewswire0 comments

There is bad news from the Dept. of Labor today. Georgia’s unemployment rate for July checked in at 6.2%, the highest figure in 15 years.
First time claims for unemployment assistance in Floyd County shot up 80% from June. 948 first time claims were filed in July. 189 of those were what the […]

Development Groups Reduce Payscale Target for Industrial Tax Breaks

Posted under City of Rome, Jobs, Floyd County, Business Development, Taxes, Community Development, Labor, New Businesses, Chamber of Commerce, Economy on July 22nd, 2008 by RomeNewswire0 comments

The Rome Floyd Development Authority and Floyd County Development Authority have agreed to reduce the payscale target for companies seeking to locate in Rome.
Chamber Economic Development Specialist Heather Seckman says that companies, to qualify for tax breaks will have to agree to start employees at 10.50, rather than 175% of minimum wage.

Economy Dictates Modifications to W. Third Street Deals

Posted under City of Rome, Economy on July 16th, 2008 by RomeNewswire0 comments

A sluggish economy has prompted the city of Rome and three property sellers on W. 3rd Street to renegotiate part of the sale of acreage to the city.
Rome will make interest only payments this Friday on three parcels the city agreed to acquire a year ago. City manager John Bennett says that in turn, the […]

Economy Still Growing According To Highlands Professor

Posted under Education, Economy on June 17th, 2008 by RomeNewswire0 comments

Georgia Highland College professor Dr. Bruce Jones says that the US economy is still growing at a rate of 1.0 to 1.3%, but that the tremendous growth the US experienced in the recent past makes the current situation seem more drastic.
He thinks there could be a turn for the better around the middle of 09 […]

Will Gas Prices Top $4.00 per Gallon?

Posted under Economy on April 14th, 2008 by RomeNewswire0 comments

Gas prices in Rome have topped $3.42 per gallon.
According to the Energy Information Administration, gas prices could top $4.00 per gallon in the summer months during peak usage.
Gas prices one year ago at this date were $2.76 per gallon.

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