Articles About the Economy
With Charlotte’s population growing by dozens of people a day, planners, politicians and many residents agree that denser development is inevitable in the city’s future. But just how dense – and exactly where to build that extra density – remain thorny questions, especially when denser developments are proposed in single-family neighborhoods. The tension between wanting […]
Nearly five years ago, Amber Lineback bought a bungalow in Charlotte’s Plaza Midwood neighborhood not only to enjoy the eclectic community and its proximity to Uptown, but as a place where her parents might one day live too. She built a garage with a second-floor furnished one-bedroom apartment, featuring a full kitchen, washer, dryer and […]
Recently released U.S. Census figures show continuing growth in almost all the towns and cities in the Charlotte region, and one factor driving growth appears to be proximity to Charlotte and Mecklenburg County. The Census numbers show Charlotte continues to be one of the nation’s fastest-growing large cities. The Census population estimate for 2017, released […]
Charlotte-Mecklenburg residents may be growing weary of the stagnated state of the economy, the UNC Charlotte Urban Institute’s Annual Survey showed. For more than 30 years the institute has produced an annual survey of Mecklenburg County, primarily with questions from clients such as nonprofit agencies and local governments. But each year the institute includes a […]
For workers in Mecklenburg County, it has become even harder to afford housing, according to the National Low Income Housing Coalition’s latest Out of Reach report. The 2016 report documents the gap between wages and fair market rents (for standard-quality rental units) in communities across the United States.[i] The fair market rent takes into account […]
Recently the site FiveThirtyEight.com reported that of the largest U.S. metros, only Charlotte’s median income, “experienced a statistically significant decline” in 2013. What’s going on? That statement may signal to the casual reader that wages are sinking in the Charlotte region. In reality, however, that “statistically significant decline” appears to be the result of a […]
An economic meltdown threatens America’s middle class. UNC Charlotte sociologist Scott Fitzgerald’s most recent book, Middle Class Meltdown in America: Causes, Consequences and Remedies, co-authored with Kevin T. Leicht, examines the political, economic and cultural changes that have created today’s situation. Fitzgerald will discuss the issues at 6:30 p.m. Thursday, Sept. 18, in a free […]
It’s a quirky fact about all three of the most recent directors of the UNC Charlotte Urban Institute: We all came, not from large urban centers, but from small, rural communities. Jim Clay, director from 1979 to 1984, was from Crum, W.Va. Bill McCoy (director 1985-2001) hailed from Ekron, Ky. And me? My friends are […]
The last five years have been among the most challenging in the nearly 250-year history of Charlotte. The Great Recession erased the mythology that our community was invulnerable to the vicissitudes of national economic fortunes. Home construction, property values, business investment, and community philanthropy plunged downward at rates not seen since the Depression. Unemployment rates […]
The last five years have been among the most challenging in the nearly 250-year history of Charlotte. The Great Recession erased the mythology that our community was invulnerable to the vicissitudes of national economic fortunes. Home construction, property values, business investment, and community philanthropy plunged downward at rates not seen since the Depression. Unemployment rates […]
Below are more specific details about the differing tax-restructuring proposals from two N.C. senators. Neither proposal is likely to be adopted exactly as presented, because amendments and changes are likely as the measures move through will the N.C. General Assembly. Clodfelter proposal Details of the tax plan, Senate Bill 394, proposed by N.C. Sen. Dan […]
“In 1965, if you had a good back and a good alarm clock, you could make a good living in Milwaukee,” Mayor Tom Barrett told a recent Raleigh conference, because of the strength, at the time, of that city’s manufacturing sector. Although rural Stanly County is very different, that Milwaukee attitude was also the prevailing […]