Damn. It really doesn’t feel like it, though, does it? And, frankly, the economy probably won’t feel quite right for a while. Things sank pretty low, and we should expect the economy to take a while to rebound.
All the same, UNC Charlotte economist John Connaughton says things are getting better. He’s been offering Charlotte a quarterly economic forecast for years.
You can read Connaughton’s economic forecast, delivered in Uptown yesterday, by clicking here.
If you’d like to attend future quarterly economic forecasts, sign up for the invite list here. (Look for the e-mail link near the bottom of the page.)
Meanwhile, this is what the Charlotte Business Journal is reporting from yesterday’s meeting:
The N.C. economy should grow 3.5 percent in 2010, the first year of growth following two years of decline, according to the quarterly forecast of UNC Charlotte economist John Connaughton.“While a modest recovery is under way, job growth is still lacking,” Connaughton says. “After two years of consistent job losses, we still haven’t seen a month of job growth either nationally or in North Carolina. Once job growth begins, it will be very slow. It’s likely to take several years for the state’s economy to replace the almost 250,000 jobs lost over the last two years of recession.”
Read the entire article here.
This article appears in Mar 16-22, 2010.
Connaughton’s the same dope who said the Whitewater Center and Bobcats Arena would be huge economic engines. The guy is an imbecile.
People, please do not let Frank Griffin incite you with his rhetoric and gibberish. He responds like this to EVERY article, has been warned by the staff of Creative Loafing, and has been reported to authorities becauase of some of his abusive statements on here. He is the father of lies and wouldn’t know the truth if it hit him in the damn head.
His goal is to bash everything written here. He is a hateful, sad, and pathetic human being with absolutely no life. He is here daily and does nothing but just what you see here. He hates gays, democrats, the President, the Mayor, minorities in general, and anything that may be contrary to the BS of the likes of Glenn Beck and Fox news.
He thinks everything is a debate and he is the winner. Sadly, people are stating the facts, don’t care to debate, and certainly don’t feel a loss towards this sad excuse for a man.
If you take the bait, he will go on and on and on, and will always try to get the last word, even if it’s a pathetic, childish one.