Stories by Author: Clark Twiddy

Image
Commentary Top Stories January 23rd, 2023

Sound Strategy: Five important questions for greater Outer Banks region’s economy in 2023

Thinking about outcomes in this New Year, with all its changing perspectives, can be daunting at best. Socrates teaches us to always begin with a definition, of course, and perhaps the most human challenge of all lies not in our ability to provide the right answers but in our ability to ask the right questions….Read More from Sound Strategy: Five important questions for greater Outer Banks region’s economy in 2023

Image
BIZ Commentary Real Estate Top Stories January 12th, 2023

Sound Strategy: If history repeats itself in real estate market, Outer Banks will be ready

The welcome contrarians among us will occasionally point to a potentially inevitable decline in the real estate market reminiscent of the 2008 memory. History will repeat itself, they might say, as it always does. And indeed, it might. However, as Howard Marks points out, there is a difference between pessimism and skepticism. Perhaps a better…Read More from Sound Strategy: If history repeats itself in real estate market, Outer Banks will be ready

Image
Commentary Top Stories January 5th, 2023

Sound Strategy: Consider “three C’s of context” when looking ahead to 2023’s visitor economy

In looking at some recent numbers around the visitor economy on the Outer Banks from the Dare County tourism team, it’s helpful for a moment to consider the “three C’s of context” before we begin to assess probabilities for the New Year. The causes, courses, and consequences of a softening of the visitor economy are…Read More from Sound Strategy: Consider “three C’s of context” when looking ahead to 2023’s visitor economy

Image
Commentary Top Stories December 26th, 2022

Sound Strategy: “The past is a foreign country; they do things differently there.” – L.P. Hartley

“Sound Strategy”, a weekly commentary from our publisher Clark Twiddy, features issues, ideas and information focused on our mission statement of “Covering the Business News of the Greater Outer Banks”. Life goes on as it tends to, and our memories fade as our minds are filled with the challenges of today. And while it’s always…Read More from Sound Strategy: “The past is a foreign country; they do things differently there.” – L.P. Hartley

Image
Commentary Top Stories December 16th, 2022

Sound Strategy: Sound preparation for bad weather is good strategy

WOBX has launched a weekly commentary, “Sound Strategy”, from our publisher Clark Twiddy that will feature issues, ideas and information focused on our mission statement of “Covering the Business News of the Greater Outer Banks”. The famed economist John Maynard Keynes once remarked, in considering the future of financial markets, that it was important to…Read More from Sound Strategy: Sound preparation for bad weather is good strategy

Image
Commentary Top Stories December 12th, 2022

Sound Strategy: Linking our state’s visitor economy to our own

WOBX is launching a weekly commentary, “Sound Strategy”, from our publisher Clark Twiddy that will feature issues, ideas and information focused on our mission statement of “Covering the Business News of the Greater Outer Banks”. As our visitor economy regionally continues to evolve based on several years of remarkable growth, we’re reminded that the only…Read More from Sound Strategy: Linking our state’s visitor economy to our own

Image
Commentary Top Stories Visitor Economy November 21st, 2022

Commentary: Regional approach can help solve Outer Banks, northeast N.C. workforce housing challenge

As the end of the year approaches, and we think about the things we’re hopeful for in 2023, many of those hopes are based on what we’ve experienced in 2022 regarding trends, challenges and opportunities. Up front in those trends and challenges is our lack of affordable housing on the Outer Banks and in northeastern…Read More from Commentary: Regional approach can help solve Outer Banks, northeast N.C. workforce housing challenge

Image
BIZ Commentary Visitor Economy July 20th, 2022

COMMENTARY: What might a recessional tide look like along the shores of our visitor economy?

In a report from Bloomberg News published last week, the probability of an economic downturn over the next 12 months stands at nearly 50 percent, up sharply from 30 percent odds just one month prior. This is according to the latest monthly survey of economists and, if anything, other indicators point to an increasing pace…Read More from COMMENTARY: What might a recessional tide look like along the shores of our visitor economy?