The automotive industry has been the South’s largest job and investment industry for decades. Here’s the latest news from the Southern Automotive Corridor.  Alabama Hyundai spending half-a-billion at Montgomery vehicle plant In the fall quarter, Hyundai Motor Company President and CEO Jose Munoz announced the Korean automaker will invest about $500 million at its assembly […]

By Michael C. Randle We get caught up in the big deals in Texas, D.C., Atlanta and Charlotte, and we forget that even a tiny, tiny deal by comparison can lift up a rural county of less than 4,000 to even greater heights. In fact, this rural Kentucky deal may have a bigger effect than […]

Capital spending now shows up in industry output By Mark Vitner, President & Chief Economist, Piedmont Crescent Capital Six industry groups supplied 70% of real GDP growth over the past four quarters, up from 34% in 2015-19, although structures, defense and pharmaceuticals have yet to show up in the accounts.