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Economics
B2B Stories

March Mini-MBA: Essentials of Supply Chains

Class is now in session for the third week of Augusta Business Daily’s Mini-MBA for the month of March. Hopefully, you found our first two lessons, “Competing on Quality” and “Effectively Managing Inventory,” beneficial as you run your business.    For those of us who teach Supply Chain Management (SCM), events of the recent weeks (Iran), recent months (tariffs), and recent years (pandemic, bridge collapses, hurricanes) have given us plenty to discuss in our classes.  I will also discuss their importance in today’s column. However, before looking into those events, it

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Dr. Rick Franza, AU Hull College of Business March 19, 2026 No Comments
B2B Stories

Internships and apprenticeships help drive local economic growth

An Aiken County manufacturer, undergoing a multi-million dollar expansion, uses its unique relationships to find trained employees. Representatives from Rolls-Royce Solutions America, formerly known as mtu, participated in a panel discussion sponsored by the North Augusta Chamber of Commerce. Karson King, Mechanical Engineer, and A.J. Campbell, CNC Machine Operator, said working with schools like Aiken Technical College and USCA is vital during this period of growth. “Really getting to expand on our young workforce coming in. It’s going to help with skilled workers joining our workforce,” King told ABD. “We

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Dana Lynn McIntyre March 17, 2026 No Comments
B2B Stories

Simon Says: How far has the CSRA come in 20 years?

About 50% of CSRA counties are growing, and 50% are not. I usually use Metropolitan Statistical Area (MSA) data for this column, as it is released more frequently than county-level data and is more up-to-date. However, I was giving a talk to the Central Savannah River Area (CSRA) Regional Commission on Friday, so I dug into some county-level data.  The CSRA Regional Commission is a group of area economic development organizations from 13 Georgia counties: Burke, Columbia, Glascock, Hancock, Jefferson, Jenkins, Lincoln, McDuffie, Richmond, Taliaferro, Warren, Washington, and Wilkes. By

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Dr. Simon Medcalfe, AU Hull College of Business Economics Professor March 17, 2026 No Comments
B2B Stories

Mini-MBA: Managing Inventory

Publisher’s Note: Do you have a Costco membership off the Riverwatch Parkway? The Gordons do through our company. My wife loves it, and though I enjoy the experience—there is a certain level of frustration. Dr. Rick Franza continues his “Mini-MBA” lesson with a look at how the pros and cons of a Costco membership are tied to the all-important inventory juggle. Welcome to the second weekly lesson in the “Mini-MBA” I promised you in this column for the month of March. We kicked off the Mini-MBA last week with a

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Dr. Rick Franza, AU Hull College of Business Professor March 12, 2026 No Comments
B2B Stories

Major economic news for 2 CSRA Counties

Organizations whose mission is to create partnerships and advance economic development are celebrating financial windfalls. Entrepreneurs and start-ups are right in the middle of it. Economic Development Partnership of Aiken and Edgefield Counties, Inc., better known as Western SC, learned it is one of 14 groups chosen for 2026 Relentless Challenge grants. Collaborating with Western SC are the South Carolina Research Authority and the Aiken Chamber of Commerce. “Our organization is looking for job creation and capital investment opportunities,” Will Williams, President and CEO of Western SC, told ABD. “The

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Dana Lynn McIntyre March 11, 2026 No Comments
B2B Podcasting

Simon Says: Progress on CSRA home buying experience

In the last month of February, the interest rate on 30-year fixed-rate mortgages dipped below 6% for the first time since fall of 2022. That, coupled with a key affordability study, is providing some good news to potential homebuyers. This decline in interest rates should provide some relief to potential homebuyers who have found housing increasingly unaffordable over the last three to four years. Housing is defined as unaffordable if housing costs (principal, interest, tax, and insurance) are greater than 30% of median income.  The graph below, which comes from

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Dr. Simon Medcalfe, AU Hull College of Business Economics Professor March 10, 2026 No Comments
B2B Stories

Simon Says: Year-over-Year Growth in Metro Augusta

There are fears of inflation, but the numbers for the Augusta Leading Economic Index seem to be heading in the right direction. The Augusta Leading Economic Index (LEI) ended the year 1.8 percent higher than in December 2024.  Because of the government shutdown in the fall, the release of data for November and December was delayed until last week for some components of the LEI. Specifically, new privately owned housing units authorized increased in November and December by 21% and 17% respectively, although the total number of permits for 2025

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Dr. Simon Medcalfe, AU Hull College of Business Economics Professor March 3, 2026 No Comments
B2B Stories

Aerospace experts land in CSRA for key conference

Aerospace experts from education, business, and the military are in Augusta this week for the Seventh Annual Innovation Xchange. The one-day event is on Thursday, March 5.  Diane Johnston, Director of Innovation and Business Development at Augusta Regional Airport (AGS), told ABD the forum will focus on new aerospace technologies. “We have panelists come from all over the world to present about some of the things that they’re doing, some of the technologies that they’re dealing with,” she said. “It allows people to get into the room and network and brainstorm

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Neil Gordon March 2, 2026 No Comments
B2B Stories

Augusta Positioned to Become a Leader in Medical Device Entrepreneurship

AUGUSTA, Ga. —  The Georgia Institute of Technology and Augusta University have launched a collaborative effort to boost the city’s medical device innovation ecosystem. Leaders are going to talk about it today at the Innovate Conference at Georgia Cyber Innovation and Training Center. The advocacy nonprofit Georgia Life Sciences designated the region a BioReady Gold community. Augusta is known as a desired choice for biotech companies looking for suitable sites to expand. Leading the work at Georgia Tech are the Georgia Manufacturing Extension Partnership (GaMEP) and the Advanced Technology Development

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Staff Report February 27, 2026 No Comments
B2B Stories

The Latest on Tariffs: The Good, the Bad, and More Uncertainty

As most of you probably know, the Winter Olympics wrapped up two weeks of exciting international competition this past weekend. While many of us thought the end of the Olympics might mean the end of our international focus for a little while, late last week, the Supreme Court and the Trump administration determined that would not be the case. On Friday, February 20, the Supreme Court of the United States (SCOTUS) ruled in a 6-3 decision that the International Emergency Economic Powers Act (IEEPA) does not grant the President of

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Dr. Rick Franza, AU Hull College of Business Professor February 26, 2026 No Comments
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