Business
Supporting Charlotte’s minority-owned small businesses
A study released this week by the UNC Charlotte Urban Institute sheds light on the unique challenges minority-owned small businesses face and how the Charlotte-Mecklenburg community can better support these enterprises, which are key to community well-being and wealth-building. Defined as businesses with fewer than 500 employees, small businesses comprise 99.9% of all businesses. Small […]
The racial wealth gap: Business ownership & entrepreneurship
We recognize the killings of George Floyd, Ahmaud Arbery and Breonna Taylor are connected to the same systemic and institutional racism that created and sustains the racial wealth gap. We recognize that addressing racial violence and the racial wealth gap is dependent on systemic and structural solutions rather than the individual solutions that have placed […]
The changing economic development landscape
“Regionalism” has become something of a public policy bromide these days — an unwritten assumption that informs the planning, economic and growth decisions that supersede any one political jurisdiction. But what is easy to say can be hard to do. For the Carolinas Urban-Rural Connection project, a two-year effort to understand the distinct ways Charlotte […]
N.C. tax plans: The details
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 […]
Advanced manufacturing: Economic lifeline?
“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 […]
Charlotte economic outlook improves for first quarter
The first quarter 2013 Charlotte Business Confidence Index report, released Jan. 2, shows Mecklenburg County business leaders’ optimism about economic prospects in the first quarter 2013 improved compared to their expectations for the fourth quarter 2012. The overall index value of 54.2, an increase of 1.8 points compared to the fourth quarter 2012, represents improved […]
Charlotte’s economic recovery struggles to take hold
Charlotte has lagged much of the country in this period of economic recovery, but the region has finally begun to see a few small signs of better days on the horizon. Over the past several months, there has been gradual improvement in the unemployment rate and home price index in the region. These bright spots […]
Business leaders’ confidence dips but still positive
The third quarter 2012 Charlotte Business Confidence Index report, released July 2, shows Mecklenburg County business leaders’ optimism about economic prospects declined compared to their expectations for the second quarter of 2012. The overall index value of 55.4, a decrease of 3.4 points compared to the second quarter, remains positive on business confidence overall, with […]
Local business leaders’ positive outlook continues
The second quarter 2012 Charlotte Business Confidence Index report, released April 2, shows Mecklenburg County business leaders’ optimism about economic prospects in the second quarter improved compared to their expectations for the first quarter 2012. The overall index value of 58.8, an increase of 4.2 points compared to the first quarter, continues an upswing of […]
Economic outlook grimmer
Local business leaders’ expectations for the upcoming quarter have dipped into negative territory for the first time since March, when a new opinion survey began. Not only is their outlook negative for the national economy – as it was after the second quarter – but they’re feeling grimmer about the local economy as well. The […]