Local perceptions may not have caught up with the new reality in the Charlotte region’s manufacturing economy. Even before the recession began in 2007, declines in the textile and furniture industries were changing the structure of local employment. As the downturn continued, counties that depended less on textile and furniture manufacturing lost fewer jobs. The result: Several counties traditionally considered centers of manufacturing employment, such as Gaston, now have a smaller percentage of jobs in manufacturing than fast-growing Union.
Times have been tough in the local economy, but it looks as if we’ve finally turned the corner. If growth is starting to make a comeback, exactly where will it be? Is your county ready? (Photo: U.S. Census Bureau, Public Information Office)
How much are homes in your neighborhood worth? The era of upside-down mortgages and foreclosures has left homeowners across the country anxious about home values – theirs and their neighbors'. In the midst of this housing market upheaval, explosive growth in the Charlotte region has reshaped residential patterns.