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B2B Stories

Job openings take big hit

As expected, and I wrote about it last week, the Augusta Leading Economic Index (LEI) turned negative for the first time in six months. The LEI fell 0.4 percent in July from June. All the component indicators fell, except the Dow Jones Industrial Average which increased by 3 percent on the last day of July compared to the last day of June. Unfortunately, the Dow gave those gains back in August. The data release for the final component of the LEI was for job openings. In Georgia, there were 311,000

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Dr. Simon Medcalfe September 25, 2023 No Comments
B2B Stories

Impacts of an aging population: The good and the bad of the silver tsunami

Editor’s note: Yesterday, we reported on a franchise that recently opened called Seniors Helping Seniors. The business employs seniors to provide caregiving services to their counterparts. It’s working well because the caregivers have the skill sets to understand the challenges of their clients. Today, we delve into the impact of an aging population on the economy and the workforce. Whether you call it the “graying of America” or the “silver tsunami,” the fact is that the American population is steadily becoming more dominated by older people. In other words, the median age

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Mitzi Oxford September 25, 2023 No Comments
B2B Stories

New franchisee serves fastest growing population in the CSRA

Editor’s note: This is the first in a two-part series on aging in the CSRA, the impacts on the workforce, our economy, and the benefits of seniors caring for other seniors. We begin with a new business that addresses the care of seniors and employs members of the senior workforce. Let’s face it. None of us are getting any younger. In fact, older adults will soon outnumber kids for the first time in U.S. history. Fewer babies, coupled with longer life expectancy equals a country that ages faster. With this

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Mitzi Oxford September 24, 2023 No Comments
B2B Stories

Mondays with Rick: Junior Achievement helps students discover the local economy

Dr. Rick Franza, Professor of Management at the Hull College of Business, discusses a different, timely business topic each Monday in this column. This week, he talks about the new Junior Achievement Discovery Center coming to the CSRA. The interview has been edited for clarity and impact. ABD: We’ve been hearing about the new Junior Achievement Discovery Center coming to the area. Are there any updates on it? Rick: They wanted it to be open this fall, but now, it’s not going to open until January, and it won’t get

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Gary Kauffman September 24, 2023 No Comments
B2B Podcasting

AU expands to virtual learning

Reaching across the state and around the country, Augusta University unveils online learning programs. Mike Petchenik has more in today’s Biz Bits.

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Mike Petchenik September 24, 2023 No Comments
B2B Stories

Multimillion-dollar project nearing completion at Augusta Airport

Members of the Augusta Aviation Commission got a first look at a facility nearing completion across Doug Barnard Parkway from the airport. The public will likely never see the $9.5 million development; however, it is expected to improve their experience when they visit Augusta Regional Airport. The project is a 12,000-square-foot building that will be the new base of operations for the rental car companies serving Augusta Airport. It is being built on approximately 16.5 acres off the newly named access road, Majestic Skies Way. “In a lot of ways,

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Dana Lynn McIntyre September 24, 2023 No Comments
B2B Stories

SRP awards two annual scholarships

SRP Federal Credit Union has announced its 2023 winners of the Ed Templeton Scholarship and the Larry Pridemore Scholarship. These scholarships were set up by the SRP’s Board of Directors and are awarded annually to a child of a full-time employee. The parents of the scholarship recipients this year are Shameika Carter, a branch assistant manager at the Williston location, and Tawanaca Williams, a community development representative. The $2,500 Ed Templeton Scholarship, named in honor of SRP Federal Credit Union’s past president retired, was awarded to Kaitlyn Simmons. She is

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Rakiyah Lenon September 21, 2023 No Comments
B2B Podcasting

Closing, but not the end?

You might have heard the news about Villa Europa, but Mike Petchenik explains what the restaurant might do in the future in today’s edition of Biz Bits.

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Mike Petchenik September 21, 2023 No Comments
B2B Stories

Georgia’s cyber security front-line workers sharpen their skills in Augusta

The men and women on the front line in the fight against hackers have spent the week in Augusta. They have been participating in the Annual Cyber Dawg training exercise at the Georgia Cyber Innovation and Training Center. This is the fifth year the center has hosted the weeklong event. Cyber Dawg brings together IT professionals from state agencies including the Georgia Lottery, Georgia Emergency Management Agency, and Georgia Public Safety Training Center. The Georgia Army National Guard, a partner in Cyber Dawg, wages an attack on what is called

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Dana Lynn McIntyre and Neil Gordon September 21, 2023 No Comments
B2B Stories

Movies are back and making big bucks. Thanks, Barbie!

Despite the ongoing strikes and fewer releases than in the past year, “the movies” in America have done well. Like, REALLY, well. Box Office Numbers continue to break records and make headlines even as the industry has grinded to a halt. Of course, the main players still are Warner’s Barbie and Universal’s Oppenheimer, which take the number 1 and number 5 spots (respectively) on the top 5 Domestic Grosses. Barbie has earned 1.4 Billion dollars globally, with $626 Million in domestic grosses, since opening eight weeks ago. There has yet

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Dylan James September 20, 2023 No Comments
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