Economy http://wfae.org en NC Economic Forecast http://wfae.org/post/nc-economic-forecast-0 <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>&nbsp;&nbsp;</p><p><span style="line-height: 1.5;">The U.S. economy shrank sharply in the first quarter but most analysts, including </span>UNC<span style="line-height: 1.5;"> Charlotte economics professor John </span>Connaughton<span style="line-height: 1.5;">, saw that as a temporary setback.&nbsp;</span>Connaughton<span style="line-height: 1.5;"> recently released his second&nbsp;quarter findings and forecast and we’ll check in with him to see if that bounce back occurred. The stock market is roaring, businesses are hiring but legislators in Raleigh continue to bicker over the budget.&nbsp;</span></p><p> Wed, 09 Jul 2014 13:00:00 +0000 WFAE 54191 at http://wfae.org NC Economic Forecast NC Economic Forecast And Poverty http://wfae.org/post/nc-economic-forecast-and-poverty <p><span style="line-height: 1.5;">It’s time for our quarterly economic forecast with </span>UNC<span style="line-height: 1.5;"> Charlotte professor, Dr. John </span>Connaughton<span style="line-height: 1.5;">, but this time there will be a twist. National publications such as Bloomberg see North Carolina’s unemployment policy as a test tube for the rest of the nation. So we’ve invited political science Professor, Dr. Eric </span>Heberlig<span style="line-height: 1.5;"> to join the conversation. Dr. </span>Connaughton<span style="line-height: 1.5;"> and Dr. </span>Heberlig<span style="line-height: 1.5;"> will help us explore the renewed debate on the war on poverty, unemployment, and whether to raise the minimum wage. All three issues have garnered national attention recently and they are all affecting North Carolina’s economy. Join us to find out how the state is faring early in the year and whether these issues will effect our economy, the midterm elections and more.</span></p><p> Thu, 13 Mar 2014 04:00:00 +0000 46771 at http://wfae.org NC Economic Forecast And Poverty Making Charlotte A Global Hub http://wfae.org/post/making-charlotte-global-hub <p><span style="line-height: 1.5;">Charlotte area business and economic leaders continue to work towards making Charlotte a major global hub, with the new </span>intermodal<span style="line-height: 1.5;"> facility at Charlotte Douglas International Airport and as trade routes across the globe prepare to change due to the expansion of the Panama Canal next year. So what strategies should our region’s leaders use to help us find success in that global hub quest? What does Charlotte have that would allow us to be a global economic center? And how will success in that role change lives for </span>Charlotteans<span style="line-height: 1.5;">? We’ll ask our panel of experts, including Charlotte’s mayor, Patrick Cannon.&nbsp;</span></p><p> Mon, 10 Mar 2014 04:00:00 +0000 46390 at http://wfae.org Making Charlotte A Global Hub Family Dollar Profits Drop As Core Customer Struggles http://wfae.org/post/family-dollar-profits-drop-core-customer-struggles <p><span style="line-height: 1.5;">Matthews-based discount chain Family Dollar started to report record profits about 5 years ago when the country was in a recession.</span></p><p>And now as the economy is recovering, the company seems to be having a bit of trouble holding on to customers it gained during the leaner times.&nbsp;</p><p>But Family Dollar's recent decrease in profits is a little more complicated than that.</p><p><span style="line-height: 1.5;">In a conference call this month, Family Dollar CEO Howard Levine told investors an economic recovery is underway:</span></p> Tue, 21 Jan 2014 14:13:15 +0000 Tasnim Shamma 43243 at http://wfae.org Family Dollar Profits Drop As Core Customer Struggles Economic Update: 2013 And Beyond http://wfae.org/post/economic-update-2013-and-beyond <p><span style="line-height: 1.5;">By all accounts 2013 has been a roller coaster year for the US economy. There have been very encouraging signs of late but there was also a government shutdown, fits and starts on Wall Street and mixed news out of Europe. The Affordable Care Act is also being implemented to mixed reviews around the country and the battle over minimum wage has been renewed. A budget deal worked its way through congress and the latest unemployment figures look good. So just how well did we do in 2013 and does the year ahead bode well? We'll&nbsp;ask those questions and more of regular guest, economist John </span>Connaughton<span style="line-height: 1.5;">.</span></p><p> Mon, 06 Jan 2014 05:00:00 +0000 42297 at http://wfae.org Economic Update: 2013 And Beyond Economist Dr. Sherry Jarrell http://wfae.org/post/economist-dr-sherry-jarrell <p><span style="line-height: 1.5;">Some of what you think you know about the US economy is wrong. At least that's what our guest today says. Wake Forest University Economist Sherry </span>Jarrell<span style="line-height: 1.5;"> says that much of what we read in the business press is often misunderstood and that economic data means nothing if you're looking at it in the wrong context. She's out to correct the misunderstandings and clarify some of the important economic jargon that gets thrown around without much explanation - GDP, debt, deficit and unemployment rates. She also talks about what she says is really driving the economy and the role of politics and government in the process. But is the status and function of the economy subjective? Do economists always agree? She shares her opinions and perspective, for example she says that 100 percent of economic growth is created in private industry, no private industry good or service should be provided by the government, "Social Security is the biggest legalized </span>Ponzi<span style="line-height: 1.5;"> scheme in the world" and that regulations caused the financial crisis. Dr. </span>Jarrell<span style="line-height: 1.5;"> fills us in on "things we don’t know about the US economy," when Charlotte Talks.</span></p><p> Tue, 23 Jul 2013 04:00:00 +0000 31847 at http://wfae.org Economist Dr. Sherry Jarrell Economic Update With John Connaughton http://wfae.org/post/economic-update-john-connaughton <p><span style="line-height: 1.5;">According to frequent guest, </span>UNC<span style="line-height: 1.5;"> Charlotte Economics Professor John </span>Connaughton<span style="line-height: 1.5;">, the economy is on the upswing in almost every sector. Interest rates may be on the rise and the housing industry, at least in Charlotte, is really heating up. We'll look at all of those factors to see if this is a temporary jump or if the economy may be on the rise for the foreseeable future, when Charlotte Talks.</span></p><p></p><p> Tue, 09 Jul 2013 04:00:00 +0000 30877 at http://wfae.org Economic Update With John Connaughton Charlotte Region/China Connection http://wfae.org/post/charlotte-regionchina-connection <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span><span style="line-height: 1.5;">Last month, mayors from North Carolina and Alabama cities and towns visited China to learn about ways that their municipalities can do business with China. Mayor Jill Swain of </span>Huntersville<span style="line-height: 1.5;"> came home with new knowledge and optimism about a future tie with China and our region. Now officials from China are visiting the Charlotte region to learn more about opportunities here. But this isn't just an isolated potential relationship. Business with China is on the rise in North Carolina and throughout the South. We'll talk with Chinese and Charlotte area officials about why the south and our region are attractive to Chinese business people and what kinds of ties may be formed in the future, when Charlotte Talks.</span></p><p> Mon, 17 Jun 2013 04:00:00 +0000 29393 at http://wfae.org Charlotte Region/China Connection N.C., S.C. Unemployment Drops To Lowest Rate In Years http://wfae.org/post/nc-sc-unemployment-drops-lowest-rate-years <p><span style="line-height: 1.5;">North Carolina's unemployment rate has dropped to its lowest level in four years, and South Carolina's unemployment rate has declined to the lowest point in five years. That's according to figures released Friday for the month of April.</span></p> Fri, 17 May 2013 18:58:05 +0000 Michael Tomsic 27525 at http://wfae.org N.C., S.C. Unemployment Drops To Lowest Rate In Years Small Town Economic Development http://wfae.org/post/small-town-economic-development <p><span style="line-height: 1.5;">As Charlotte grows, so too do surrounding towns and cities. Small farming communities or sleepy textile mill towns have transformed into independent, vibrant towns with their own identities - how did they get there? Many people work in Charlotte but live all over the metro area. What makes those towns and cities home? How do they maintain their own identities and preserve their histories without being absorbed as another outlying suburb of Charlotte? We'll look at the unique challenges towns face, their relationship with the city of Charlotte and the state and find out how they distinguish themselves. How do small towns like Belmont, Matthews and </span>Huntersville<span style="line-height: 1.5;"> creatively stimulate economic growth? We'll find out from the people responsible for their growth and success in a wide-ranging conversation about smart growth, development, town identity and more, when Charlotte Talks.</span></p><p> Thu, 25 Apr 2013 04:00:00 +0000 25908 at http://wfae.org Small Town Economic Development