NC Economy

Charlotte Talks
9:00 am
Wed July 9, 2014

NC Economic Forecast

Credit http://belkcollege.uncc.edu/

    

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. 

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Local News
2:12 pm
Mon April 21, 2014

How NC Job Growth Compares To Other States

Credit Bureau of Labor Statistics

The North Carolina Commerce Department announced Monday that the state's unemployment rate declined in March to 6.3 percent. A federal department also released data recently that show how North Carolina's job growth stacks up against other states.


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Charlotte Talks
12:00 am
Thu March 13, 2014

NC Economic Forecast And Poverty

It’s time for our quarterly economic forecast with UNC Charlotte professor, Dr. John Connaughton, 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 Heberlig to join the conversation. Dr. Connaughton and Dr. Heberlig 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.

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Charlotte Talks
12:00 am
Mon January 6, 2014

Economic Update: 2013 And Beyond

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 ask those questions and more of regular guest, economist John Connaughton.

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Local News
9:40 am
Tue December 10, 2013

Executives Give Lukewarm Predictions For 2014 NC Economy

Susan DeVore, Brian Moynihan, Tim Belk, David Carroll, LLoyd Yates and Chris Kearney take part in the Charlotte Chamber's economic outlook conference.
Credit Michael Tomsic

The economy in Charlotte and North Carolina as a whole next year will be like a NASCAR race under a caution flag – it’ll move forward, but not too fast. That was the message from executives at the Charlotte Chamber’s annual economic outlook conference Monday.


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Charlotte Talks
12:00 am
Thu April 25, 2013

Small Town Economic Development

Belmont, North Carolina

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 Huntersville 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.

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Charlotte Talks
12:00 am
Thu March 21, 2013

Economic Forecast With John Connaughton

UNC Charlotte Economist John Connaughton

UNC Charlotte professor John Connaughton says that the North Carolina economy will grow modestly in 2013 after losing some traction in 2012. In his quarterly forecast for the state, Connaughton outlines how growth in the first half of the year will be slow as a result of several factors. Things like continued uncertainty in Europe, tax increases and spending cuts, and rising gasoline prices will affect how quickly our state’s economy gets off the ground. But North Carolina will prosper. He also says that although we avoided going over the fiscal cliff, we did not dodge tax increases or spending cuts. Economics can be a tricky thing to grasp, but Connaughton will help us understand it all, when Charlotte Talks.

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Local News
8:06 pm
Fri December 28, 2012

Nearly 30,000 NC Jobs Could Be Lost If No Budget Deal Reached

The fiscal cliff could cost North Carolina 30,000 jobs in 2013.
Credit Peter Shanks/Flickr

The combination of tax raises and spending cuts, known as the fiscal cliff, begins taking effect on Wednesday. If no compromise is reached in Washington, North Carolina could lose nearly 30,000 jobs and three percent of its economic output, according to a July report from George Mason University. That’s next year alone. Overall, North Carolina would face more than a $120 billion in cuts over the next decade.

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Charlotte Talks
12:00 am
Thu December 13, 2012

North Carolina Economic Forecast

John Connaughton

John Connaughton, Director of the Babson Capital Economic Forecast, has joined us every business quarter this year to forecast the months ahead and to look back at the year so far. This quarter we'll look back over the whole year as well as taking a peek into economic health for North Carolina in 2013. We'll also look at how the fiscal cliff issue may affect North Carolina directly and whether Dr. Connaughton thinks a second recession is looming or whether we are on the road to recovery. Our economic year in review and a prediction of things to come, when Charlotte Talks.

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