ECONOMY
Is the Charlotte region ready for another boom?
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 […]
What’s ahead for Mecklenburg building permits?
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? […]
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 […]
Tracking neighborhood trends just got easier
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 […]
In 2013, can region apply lessons from past 5 years?
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 […]
Will optimism on economy continue post-election?
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 […]
As society changes, so does rentership
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. […]
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 […]
Got milk? Got land? N.C. farms dwindle
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 […]
Business leaders’ outlook still positive, still declining
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 […]