Mar 08 2025 3 mins
North Carolina continues to grapple with the aftermath of Hurricane Helene, which devastated the western part of the state in late 2024. Governor Josh Stein and state lawmakers have made disaster recovery a top priority for the 2025 legislative session, which opened on January 29. The Republican-controlled General Assembly and Democratic governor are negotiating the size and distribution of a relief package, with Stein proposing $1.1 billion in additional aid[12].
In political developments, newly elected House Speaker Destin Hall (R-Caldwell) has implemented a six-month legislative calendar, a first in the chamber's history, aiming to provide more certainty in the legislative process[12]. Meanwhile, Governor Stein has filed a lawsuit against Republican legislative leaders, challenging recent laws that limit his appointment powers, calling them "partisan power grabs"[16].
On the economic front, North Carolina was ranked as the best state to start a business in 2025, according to a recent analysis by B2B Reviews. The state's high business growth and survival rate, competitive tax policies, and strong workforce were cited as key factors[6]. However, small businesses face challenges, including workforce issues, rising healthcare costs, and limited access to capital[13].
In education news, community colleges are adapting to meet the needs of a changing economy. Robeson Community College, for example, is launching an athletics program and expanding its support for business and industry through tailored training programs[13].
The state's economy continues to evolve, with traditional industries like textiles and furniture potentially seeing a revival due to the application of new technologies like artificial intelligence. Emerging sectors such as mining and quarrying, particularly for materials used in computer chips and batteries, could become more significant to the state's economy in coming years[17].
Weather-wise, North Carolina faced severe thunderstorms and tornadoes in early March, with the eastern part of the state under an enhanced risk for severe weather. Governor Stein urged residents to stay alert and have plans to take cover if necessary[8].
Looking ahead, the state legislature will continue to focus on Hurricane Helene recovery efforts and debate various bills, including measures related to tax exemptions, concealed weapons permits, and constitutional amendments. The healthcare sector will be closely watching the implementation of Medicaid expansion, with hospitals set to receive significant funding through the Healthcare Access and Stabilization Program[13]. Additionally, the state's response to emerging technologies and their impact on traditional industries will be a key area to watch in the coming months.
In political developments, newly elected House Speaker Destin Hall (R-Caldwell) has implemented a six-month legislative calendar, a first in the chamber's history, aiming to provide more certainty in the legislative process[12]. Meanwhile, Governor Stein has filed a lawsuit against Republican legislative leaders, challenging recent laws that limit his appointment powers, calling them "partisan power grabs"[16].
On the economic front, North Carolina was ranked as the best state to start a business in 2025, according to a recent analysis by B2B Reviews. The state's high business growth and survival rate, competitive tax policies, and strong workforce were cited as key factors[6]. However, small businesses face challenges, including workforce issues, rising healthcare costs, and limited access to capital[13].
In education news, community colleges are adapting to meet the needs of a changing economy. Robeson Community College, for example, is launching an athletics program and expanding its support for business and industry through tailored training programs[13].
The state's economy continues to evolve, with traditional industries like textiles and furniture potentially seeing a revival due to the application of new technologies like artificial intelligence. Emerging sectors such as mining and quarrying, particularly for materials used in computer chips and batteries, could become more significant to the state's economy in coming years[17].
Weather-wise, North Carolina faced severe thunderstorms and tornadoes in early March, with the eastern part of the state under an enhanced risk for severe weather. Governor Stein urged residents to stay alert and have plans to take cover if necessary[8].
Looking ahead, the state legislature will continue to focus on Hurricane Helene recovery efforts and debate various bills, including measures related to tax exemptions, concealed weapons permits, and constitutional amendments. The healthcare sector will be closely watching the implementation of Medicaid expansion, with hospitals set to receive significant funding through the Healthcare Access and Stabilization Program[13]. Additionally, the state's response to emerging technologies and their impact on traditional industries will be a key area to watch in the coming months.