ECONOMY

The unemployment insurance reform bill, which Gov. Pat McCrory signed in February, cuts benefits to the jobless in two ways. It reduces the amount of weekly benefits for some of the state’s unemployed and the total number of weeks that benefits are paid. The way these benefit changes are structured will cause additional federal cuts […]

“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 […]

Local perceptions may not have caught up with the new reality in the Charlotte region’s manufacturing economy. Even before the recession began in 2007, declines in the textile and furniture industries were changing the structure of local employment. As the downturn continued, counties that depended less on textile and furniture manufacturing lost fewer jobs. The […]

Times have been tough in the local economy, but it looks as if we’ve finally turned the corner. If growth is starting to make a comeback, exactly where will it be? Is your county ready? In the 2000s growth in the Charlotte region was surging, with the Charlotte MSA* the sixth fastest in population growth […]

New single-family residential building permits in Mecklenburg County have been on a roller coaster ride since 2003. But preliminary numbers show a promising upswing heading into 2013. Using U.S. Census Bureau data1 to examine the previous decade’s trends tracking back to 2003, what can we expect for new construction as we move forward in 2013? […]

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 […]

Since 1993 the City of Charlotte has tallied information about some (and in later years all) city neighborhoods, in its regular Quality of Life reports. But this year major changes are afoot for the project, which opened its online doors to the public on Monday. The report now covers all of Mecklenburg County, and it’s […]

2013 may be a year historians look back on as the time local leaders hit the “reset” button on issues that had been at the forefront of public policy discussions before the 2008 economic meltdown. Will leaders revisit these issues following the same assumptions and conventional strategies as before? Or will lessons learned in the […]

For at least the last 50 years, polling organizations have been using two simple questions to get respondents to describe how the last year treated them from an economic viewpoint and how they think the next one will be: Compared to this time last year, would you say your current economic situation is better, about […]

Just like F. Scott Fitzgerald’s character Nick Carraway, who went “East, permanently, I thought,” in 1922 in The Great Gatsby, people today are on the move and looking for a place to rent. Fitzgerald’s Carraway – a recent college graduate, returning war veteran and single – hopes to start his career in the bond business. […]