Leland Business Park Could Become Foreign Trade Zone [StarNews]

A group is working to breathe new life into the Leland Industrial Park.

The 600-acre park is already home to several successful businesses — Victaulic, Bradford Products, Tritech Forensics and Coca-Cola, to name a few — and it houses Brunswick Community College’s Business Incubator.

May 2019 Trade Deficit Report

The nation’s international trade deficit in goods and services increased to $55.5 billion in May from $51.2 billion in April (revised), as imports increased more than exports.

May 2019: 55.5° $ billion
April 2019 (r): 51.2° $ billion

March 2019 Trade Data Report

The nation’s international trade deficit in goods and services increased to $50.0 billion in March from $49.3 billion in February (revised), as imports increased more than exports.

March 2019: 50.0° $ billion
February 2019 (r): 49.3° $ billion

February 2019 Trade Deficit Report

The nation’s international trade deficit in goods and services decreased to $49.4 billion in February from $51.1 billion in January (revised), as exports increased more than imports.

February 2019: 49.4° $ billion
January 2019 (r): 51.1° $ billion

British consul: post-Brexit trade deals could bolster North Carolina economy

The United Kingdom is an important trading partner for North Carolina, so the ultimate nature of the U.K.’s exit from the European Union could have consequences for the state.

That was one point that Andrew Terrell emphasized in a talk he gave Monday to a roomful of business, education and local government leaders in Wilmington City Council Chambers at City Hall. Terrell, the new U.K. Consul for Government & Prosperity and head of the new U.K. Government Office in Raleigh, made his presentation under the auspices of Wilmington’s Foreign Trade Promotion Council (FTPC).