From the annual Charlotte Commercial Forecast, as reported by the Charlotte Observer. Two things stick out in my mind: • Mix use is growing but also more difficult to finance.…
Disappointing expect for hotels (duh) and bars and restaurants. And I would expect selected bars and restaurants at that. From the UPoR: “Outside of the hospitality industry, there doesn’t appear…
More insight into the psyche of Americans comes from the Conference Board’s consumer confidence index — which dropped yet again. It signals that, aside from occasional hopeful signs that a…
I’m sure you saw this headline over the weekend: “N.C. jobless rate hits 10.1%.” What should have been the real headline was buried halfway down in the article, in this quote from…
I don’t place a lot of faith in studies, but I’ll pass along this Winston-Salem Journal article on a study prepared for the U.S. Conference of Mayors: IHS Global Impact…
Carolina Journal Radio marks its 400th edition this weekend by highlighting some of the most interesting people who?ve shared their insights and analysis with the program over the past 7…
Race is a factor in CMS operations. Period. All the hand-wringing by the UPoR on the topic sets up a tired but effective predicate. First understand that race was a…
And the Charlotte region lost a staggering 23,000 for July, according to state employment commission numbers. Put another way, absolutely no progress has been made on the jobs front in…
This is getting ridonk-u-lous. Wells Fargo economist Mark Vitner’s habitual happy face on local employment gloom is bigger than ever with this declaration: The Charlotte region will add an average…
Gov. Bev Perdue spoke in Greensboro last night, declaring herself the ‘jobs governor.’ Perdue said she would continue to use economic incentives to lure the ‘big gorillas’ to the state,…
About how the Charlotte economy is going to suffer for some time to come: “The recovery will take considerable time to build momentum,” said Mark Vitner, senior economist at Wachovia.…
Find it very interesting that we get less spin on the future of Wells-chovia in Charlotte from Wells economist and serial half-full guy Mark Vitner than from Mayor Pat McCrory.…