Is the New Orleans economy at a tipping point?

The last decade in New Orleans brought a rush of money, construction, tourists and second-lines, expats returning home, young people flowing in, billions in real estate deals, a budding tech industry and booming restaurant scene – even a new nickname: NOLA.

Accompanying this so-called New Orleans renaissance was hope for widespread economic growth  and the promise of renewal in a city long marred by entrenched poverty, corruption and crime.

The economic boom since 2009 is undeniable, visible with a quick drive around the most popular historic neighborhoods. A new kind of urban wealth arrived, building on the national trendiness of city centers and the allure of the New Orleans lifestyle.

But evidence shows that while some thrived, many New Orleanians have been left behind.

NOLA.com

Virginia to make big play for Amazon HQ2, but quietly

Virginia is making a big play to land the $5 billion Amazon HQ2 project, but the state and regions in its urban crescent also are looking for outside help to prepare to compete for other corporate headquarter sites in the future.

A day after Virginia Beach Mayor Will Sessoms publicly revealed a private plan to compete for the coveted Amazon project, the administration of Gov. Terry McAuliffe acknowledged it is looking to engage private firms to help with the competition for new corporate headquarters — without naming the prospects.

The Roanoke Times

Topgolf set to bring in hundreds of new jobs to Birmingham

Hundreds of new jobs are coming to downtown Birmingham at the new Topgolf facility.

500 new jobs are coming to Birmingham as the new Topgolf prepares to open in Uptown.

The positions are all posted online at Topgolf.com/careers.

The company will host a hiring event that they describe as one of the most unique ways a person will ever interview for a job.

Abc3340.com

Kamstrup Locates North American Headquarters in Roswell, Georgia

Danish manufacturer Kamstrup, a world leading supplier of intelligent energy and water metering solutions, will create 52 jobs in the company’s new North American headquarters in Roswell, Georgia.

Headquartered in Skanderborg, Denmark, Kamstrup manufacturers high-tech solutions provider of water, district heat and electricity intelligent metering solutions for commercial and residential use.

Area Development

Mercedes’ parent company will pour $1 billion in a plant that will create its Tesla rival

Germany’s Daimler said it will invest $1 billion to expand its U.S.-based Mercedes-Benz plant in Alabama to start building electric sport-utility vehicles there from about 2020.

More than 600 new jobs will be created as part of the investment, which includes plans to build a facility in 2018 near the factory in Tuscaloosa to produce batteries for zero-emission vehicles, Daimler said on Thursday, confirming a Reuters story.

Business Insider

The most sought-after job in America pays $110,000 a year — if you have this skill

As companies try to understand consumer behavior, data scientists are in high demand. Boasting a median base salary of $110,000 and a job-satisfaction score of 4.4 out of 5, data scientist was ranked No. 1 on the “Best Jobs in America” list in 2016 and 2017 based on the number of job openings, salary and overall job satisfaction. It was followed by devops engineers ($110,000 a year) — which combines development, testing and operations — data engineers ($106,000 a year), tax managers ($110,000 a year) and analytics managers ($112,000 a year).

Marketwatch.com

Georgia Tech lab cultivates Atlanta’s high-tech building industry

Georgia Tech‘s Digital Building Lab (DBL) is at the forefront of AEC industry applications of emerging technologies, thanks in large part to founder Chuck Eastman’s groundbreaking work in building information modeling (BIM). New DBL director Dennis Shelden is positioning the Lab and Atlanta as a hub for innovation and entrepreneurship in the built environment technology sector by cultivating partnerships between academia and industry. On October 2-6, the DBL will participate in BuiltTech Week, a week of panel discussions, workshops, and new initiatives presented in partnership with Supernova South, the Southeast’s largest and longest-running tech conference, and BuiltTech.com.

Archpaper.com

The eclipse was SC’s largest tourism event ever. Here’s how many people visited

Last month’s eclipse is officially the largest single tourist event in South Carolina history

More than 1.6 million people traveled to or within South Carolina to view the total solar eclipse last month, according to research released Wednesday by the state Department of Parks, Recreation and Tourism.

And that doesn’t include international visitors.

The State

How We Recover From The Recent Hurricanes Could Impact The National Economy For Decades

As the last TV news trucks pull out from Houston, Miami, and all the places devastated by Hurricanes Harvey, Irma, Jose and Maria, the city planners and construction crews will pull in. And eventually, these cities will largely spring back to life—perhaps even looking better than before.

The apparent rebuild supports economists’ long belief that disasters boost economies because of the influx in infrastructure investments. This, however, is all an illusion that misses the hidden costs that ripple throughout our national economy. In fact, my colleague Solomon Hsiang and I have found that storms like Harvey and Irma can lower the long-run growth of the United States, effectively rewinding our economy and leaving its imprints for up to two decades. That’s because, if these hurricanes had not made landfall, the billions of local, state and federal taxpayer dollars that will now rightly go towards the recovery efforts in the form of federal emergency aid and other public services would have gone elsewhere to grow our economy.

Forbes