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Business Today NC
May 2018 Published monthly
YEARS Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City
NEWS INSIDE LYFT MEANS NO LIFT
Volume 17, Number 2 $1.50
North Carolina women make progress toward parity
Ride hailing services put the brakes on mass transit. Page 2
North Carolina’s Wage Gap by Race/Ethnicity
IREDELL DEVELOPMENT
Russ Rogerson on the prospects for growth in Iredell and Mooresville Page 3
BT PEOPLE
Susan Tillis steps up in Allen Tate; Dobi Financial has a new name; Padgett honored in Concord
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ESPRESSOWAY
@businesstodaync
Source: Budget & Tax Center analysis of US Census Bureau, American Community Survey 5-year estimates 2011-2015
BY MELISSA ATHERTON American women have come come a long way in the past 236 years: Deborah Gannett, the first female soldier in the US Army, enlisted in 1782 because she disguised herself as a man. And in the past three years, North Carolina has risen from the worst third in the nation to the middle third for both women’s employment and earnings, and poverty and opportunity. “Women in North Carolina have made considerable advances in recent
years, but still face inequities that often prevent them from reaching their full potential,” says Machelle Sanders, secretary of the NC Department of Administration. There is more disheartening news: Since the 2004 Status of Women report was published by the Institute for Women’s Policy Research, the gender gap in North Carolina has narrowed and a higher percentage of women have bachelor’s degrees, yet a larger share of women live in poverty.
North Carolina was ranked 35th in the nation with a D+ grade in the “Work and Family” category and was ranked 31st in the nation with a C grade in the “Employment and Earnings” categories. At the current rate, women in North Carolina will not receive equal pay until 2060. While women have surpassed men in education, they are under-represented in high-skilled jobs. Business Today interviewed four successful women on personal choices, family obligations and how external forces affect their careers: A law firm and retail business owner finds satisfaction in being her own boss; a woman business owner is earning the respect of her customers and peers in a maledominated business; a corporate executive is helping shape a more progressive workplace; and a nurse (she asked that we change her name) who prioritizes flexibility at work and time with her children over increased salary. See NC Women page 14
Golf is back on the upswing BY ELISABETH RICHARDSON If the annual PGA Merchandise Show is any indication, this will be a good year for an industry worth $84.1 billion in 2016— up 22 percent from 2011. It looks like more participation—especially from juniors—will help drive increases in green fees this year, as well as
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RECORDS
Transactions Cabarrus 14 Mecklenburg 15 Mooresville 15 Foreclosures 16909 Jetton Rd goes for $4 million Cabarrus 16
Mecklenburg 16 Mooresville 16 Corporations Cabarrus 17 Mecklenburg 17 Mooresville 17
www.businesstodaync.com
PRSRT STD US POSTAGE PAID WINSTON-SALEM, NC PERMIT NO. 319
Cheryl Kane’s hands-on pointers for hiring and retaining sales staff
Page 20-21
See Golf page 8
DATED NEWS - POSTMASTER PLEASE DELIVER BY 5/07
HOT PROPERTIES
capital improvements and new amenities that will appeal to the whole family. “Golf will always be the main draw when someone is considering a club membership, but fitness has been the No. 1 capital improvement at private clubs for the past
Business Today P.O. Box 2062 Cornelius, NC 28031
New Starbucks will be one of the very largest in the U.S. It’s also on the way to I-77 southbound to Charlotte Page 6