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.
Many people are surprised to learn that agriculture is the No. 1 industry in the state. However, North Carolina is losing farmland faster than any other state – and the number of dairy farms is down dramatically.
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.
Salisbury hopes the “Choice Neighborhood” Planning Grant it won from the Department of Housing and Urban Development will help the city’s West End neighborhood. The project will be a case study into how the HUD program works in small and medium-sized cities.