Articles About the Economy
An economic meltdown threatens America’s middle class. UNC Charlotte sociologist Scott Fitzgerald’s most recent book, Middle Class Meltdown in America: Causes, Consequences and Remedies, co-authored with Kevin T. Leicht, examines the political, economic and cultural changes that have created today’s situation. Fitzgerald will discuss the issues at 6:30 p.m. Thursday, Sept. 18, in a free […]
It’s a quirky fact about all three of the most recent directors of the UNC Charlotte Urban Institute: We all came, not from large urban centers, but from small, rural communities. Jim Clay, director from 1979 to 1984, was from Crum, W.Va. Bill McCoy (director 1985-2001) hailed from Ekron, Ky. And me? My friends are […]
People in Mecklenburg County are feeling the effects of the economic recovery, according to results from the UNC Charlotte Urban Institute’s 2013 Annual Survey. Most people surveyed said their economic situation is getting better, in higher numbers than at any time since 2010. They’re optimistic for the future, too. The survey of 400 Mecklenburg County […]
The last five years have been among the most challenging in the nearly 250-year history of Charlotte. The Great Recession erased the mythology that our community was invulnerable to the vicissitudes of national economic fortunes. Home construction, property values, business investment, and community philanthropy plunged downward at rates not seen since the Depression. Unemployment rates […]
The last five years have been among the most challenging in the nearly 250-year history of Charlotte. The Great Recession erased the mythology that our community was invulnerable to the vicissitudes of national economic fortunes. Home construction, property values, business investment, and community philanthropy plunged downward at rates not seen since the Depression. Unemployment rates […]
The Revenue Act of 1921 put the Tar Heel State on a then-new path by replacing its old and failing state property tax with the modern income tax. In the Emergency Revenue Act of 1933, as incomes and tax revenue sank into the depths of the Great Depression, state policymakers established the retail sales tax […]
Below are more specific details about the differing tax-restructuring proposals from two N.C. senators. Neither proposal is likely to be adopted exactly as presented, because amendments and changes are likely as the measures move through will the N.C. General Assembly. Clodfelter proposal Details of the tax plan, Senate Bill 394, proposed by N.C. Sen. Dan […]
The unemployment insurance reform bill, which Gov. Pat McCrory signed in February, cuts benefits to the jobless in two ways. It reduces the amount of weekly benefits for some of the state’s unemployed and the total number of weeks that benefits are paid. The way these benefit changes are structured will cause additional federal cuts […]
“In 1965, if you had a good back and a good alarm clock, you could make a good living in Milwaukee,” Mayor Tom Barrett told a recent Raleigh conference, because of the strength, at the time, of that city’s manufacturing sector. Although rural Stanly County is very different, that Milwaukee attitude was also the prevailing […]
New single-family residential building permits in Mecklenburg County have been on a roller coaster ride since 2003. But preliminary numbers show a promising upswing heading into 2013. Using U.S. Census Bureau data1 to examine the previous decade’s trends tracking back to 2003, what can we expect for new construction as we move forward in 2013? […]
The first quarter 2013 Charlotte Business Confidence Index report, released Jan. 2, shows Mecklenburg County business leaders’ optimism about economic prospects in the first quarter 2013 improved compared to their expectations for the fourth quarter 2012. The overall index value of 54.2, an increase of 1.8 points compared to the fourth quarter 2012, represents improved […]
Since 1993 the City of Charlotte has tallied information about some (and in later years all) city neighborhoods, in its regular Quality of Life reports. But this year major changes are afoot for the project, which opened its online doors to the public on Monday. The report now covers all of Mecklenburg County, and it’s […]