Wed July 9, 2014
NC Economic Forecast
The U.S. economy shrank sharply in the first quarter but most analysts, including UNC Charlotte economics professor John Connaughton, saw that as a temporary setback. Connaughton recently released his second 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.
John Connaughton - Professor of Economics, Belk College of Business, UNC Charlotte; Director of the Babson Capital / UNC Charlotte Economic Forecast