Stories by Tim Rausch

Monday, Sept. 1, 2014

September tourist spending expected to near $9 million

The combination of cyber network discussions, triathletes competing and a downtown international festival will generate $8.97 million in direct visitor spending.
By Tim Rausch

Thursday, Aug 21, 2014

Augusta jobless rate worsens

Metro Augusta's unemployment rate increased to 8 percent in July, the Georgia Department of Labor announced Thursday.
By Tim Rausch

Wednesday, Aug 20, 2014

Domestic oil production prompts business to expand

Carolina CoverTech broke ground Wednesday on its $1 million expansion.
By Tim Rausch

Thursday, Aug 14, 2014

Augusta adds jobs in July

Summer seasonal layoffs in the Augusta metro area were offset by additional construction and business services jobs in July.
By Tim Rausch

Friday, Aug 1, 2014

Ownership of Rockwood plant not settled

Huntsman said in its earnings report the other day that it is still waiting for the European Union to sign off on its acquisition of Rockwood's pigment division.
By Tim Rausch

Wednesday, July 30, 2014

First Bank parent reports $963,000 profit

The parent company of First Bank of Georgia reported Wednesday a second-quarter profit of $963,000, which would have been higher except for charges related to a pending merger. 
By Tim Rausch

Tuesday, July 29, 2014

UGA helps spur small business growth

Dr. Geoffrey Sheen's Augusta dental implant lab would not have 18 employees on its way to 50 without the free advice of a University of Georgia program.
By Tim Rausch

Friday, July 25, 2014

Georgia Bank & Trust parent earns $4 million

Southeastern Bank Financial Corp. reported Friday its second quarter earnings of $4 million, or 60 cents per share, matching the profit shown in the second quarter of 2013.
By Tim Rausch

Augusta's Jobs: By the numbers

Five years after the recession ended, government-supplied employment statistics indicate that the overall job scene is better than when the recession started. 
By Tim Rausch

Thursday, July 24, 2014

Augusta unemployment rate rises

Metro Augusta's unemployment rate increased to 7.4 percent in June, the Georgia Department of Labor announced Thursday.
By Tim Rausch

Tuesday, July 22, 2014

Defense contractor plans new Augusta office

A Pennsylvania-based information technology and software development firm will be setting up shop in Augusta.
By Tim Rausch

Thursday, July 17, 2014

Augusta metro loses 2,000 jobs in June

Shedding of hospitality and state government jobs in June resulted in a net decline of 2,000 jobs for the Augusta metro area, Georgia's labor department reported Thursday.
By Tim Rausch

Saturday, July 5, 2014

Foreign-owned companies responsible for nearly 10,000 jobs in Augusta

The Augusta metro area is slightly ahead of the nation in having jobs provided by direct foreign investment. A report by the nonprofit Brookings Institution said the metro area had nearly 10,000 ...
By Tim Rausch

Saturday, June 28, 2014

Divisor determines stock index numbers

As you've watched the stock indexes hit records this year, have you ever wondered how they come up with that number?
By Tim Rausch

Thursday, June 19, 2014

Augusta area down 700 jobs in May

The Augusta metro area lad a net loss of 700 jobs in May, most of the loss coming in hospitality.
By Tim Rausch

Friday, May 30, 2014

Direct to D.C., but not from Augusta

Starting Thursday, anyone flying out of Augusta for the nation's capital will need to lay over in either Charlotte, N.C., or Atlanta. The direct flight ends Wednesday, a casualty of the merger of ...
By Tim Rausch

Thursday, May 22, 2014

Metro Augusta unemployment rate down to 6.3 percent

The gains of hospitality, retail and business services jobs in April, much of it stemming from the Masters Tournament, pushed the metro Augusta unemployment rate down to 6.3 percent.
By Tim Rausch

Thursday, May 15, 2014

Masters delivers job boost to Augusta metro in April

Most of the gain of 4,700 jobs seen in April were from retail and hospitality stemming from the employment boost related to the Masters Tournament.
By Tim Rausch

Saturday, May 10, 2014

Leading coffee bean producer sees weak crop

That cup of Joe is on its way to becoming a cup of Whoa. The price of arabica coffee beans has nearly doubled since November.
By Tim Rausch

Wednesday, May 7, 2014

Georgia's tourism economy gaining

THOMSON - When the Georgia Department of Economic Development spends $1 on marketing to international travelers, it is the biggest bang for that buck.
By Tim Rausch
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