Economy

Find the story in the numbers. See below to explore facts about the Economy in the Charlotte region. See how the region's counties compare to one another and how the metro area compares to peers around the country.

RI Indicators: 

Articles

  • Gaston, once a manufacturing sector powerhouse, now lags Union

    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.
  • Is the Charlotte region ready for another boom?

    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)
  • Charlotte's economic recovery struggles to take hold

    Charlotte has lagged much of the country in this period of economic recovery, but the region has finally begun to see a few small signs of better days on the horizon. Over the past several months, there has been gradual improvement in the unemployment rate and home price index in the region. These bright spots are welcome news in a region that continues to suffer the effects of the Great Recession.
  • Region faces growing workforce development needs, study finds

    With unemployment only beginning to dissipate across the Charlotte region, the demand for workforce development remains at an unprecedented high.  In particular, there is a growing need for customized training for disconnected youth, returning veterans, and seniors and a huge demand for stronger soft-skills training.  These are among the main findings of a recent study the UNC Charlotte Urban Institute conducted for Goodwill Industries of the Southern Piedmont.