Triangle Business Journal reports that state revenues were $26 million below forecasts for July and August.
“Growth remains positive, but is weaker than it was six months ago,” Boardman says. “The slow growth pattern that re-emerged this spring and summer is expected to affect the rest of 2012.”
The data comes two weeks after Gov. Perdue told MSNBC that the North Carolina economy has “bounced back.”
So what do we do now? JLF’s John Hood has provided a clear, sound roadmap for returning the state to prosperity in his book, Our Best Foot Forward.