ECONOMY

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 […]

Many people are surprised to learn that agriculture is the No. 1 industry in the state. However, North Carolina is losing farmland faster than any other state – and the number of dairy farms is down dramatically. Agriculture is estimated to be worth more than $70 billion annually to North Carolina’s economy. Agriculture and agribusiness […]

The fourth quarter 2012 Charlotte Business Confidence Index report, released Sept. 28, shows Mecklenburg County business leaders’ optimism about economic prospects declined compared to their expectations for the third quarter. The overall index value of 52.3, a decrease of 3.1 points compared to the third quarter, remains positive on business confidence, with the index above […]

Welcome, Democrats! You have received loads of material on restaurants, sights and the strange habits of the locals. Here is a primer quick enough for you to digest while you spoon through your breakfast grits. First and most important, Charlotte is not some other city. It is not by the sea (that’s Charleston), it does […]

Grand stone gates give way to woodlands. Fire hydrants stand amid overgrown fields. Roads and sidewalks, some with weeds poking through the pavement, wind past expanses of empty lots. Wildflowers bloom inside brick foundations within sight of finished houses. In the wake of the recession, many real estate developments appear frozen in various stages of […]

How much are homes in your neighborhood worth? The era of upside-down mortgages and foreclosures has left homeowners across the country anxious about home values – their own and their neighbors’. In the midst of this housing market upheaval, explosive growth in the Charlotte region has reshaped residential patterns. Clusters of higher-value homes now stretch […]

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 […]

After decades of decline, manufacturing jobs across the country have seen a modest uptick. This long period of industry restructuring has left a strikingly different geography of manufacturing in the Carolinas; we still make furniture and textiles, but that’s no longer the whole story. New industries have taken root. Many offer higher wages than the […]

In the McEniry building at the University of North Carolina at Charlotte, students moved out the chairs on a recent afternoon to clear the room for guests and presentations. Pizza boxes, soft drinks and ice arrived for a reception for students in Janni Sorensen’s social inequality and planning class. It was time for a celebration. […]

In this period of high unemployment, not everyone has suffered equally. Two populations of particular concern are veterans and youth. Goodwill Industries of the Southern Piedmont provides services to both of these populations and is a lifeline for some of the most vulnerable populations in the Charlotte region. The agency is continuing its innovation and […]