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Walmart has announced that a large number of workers are going to be getting a raise. Considering the footprint that the retailer has in North Carolina, this could mean added benefit for the state’s economy.
What are the economies in different parts of North Carolina like? How are they similar to one another and how are they unique? From the mountains to the coast, recently published data from LEAD shed light on North Carolina’s varied regional economies.
Recently released data from the 2012 Economic Census indicates that the Charlotte-Concord-Gastonia Metropolitan Statistical Area reigns as North Carolina's manufacturing hub.
Are traditional brick-and-mortar storefronts becoming a thing of the past? If you’re a reader of the Wall Street Journal, you may have recently run across news headlines like these proclaiming the demise of traditional retailers: Shoppers Are Fleeing Physical Stores, The Great Mall Exodus, and Macy’s Confronts the Crisis of the American Mall. So is this true? And more importantly, is this happening in North Carolina?
North Carolina pork producers were making significant gains in exporting to Russia in early 2014 as they complied with new trade restrictions. But yet another import ban on U.S. and E.U. agricultural products could derail that progress.
The Labor & Economic Analysis Division (LEAD) is happy to launch the LEAD Feed, which will deliver timely communication and analysis around a variety of economic and labor market topics drawing on the knowledge and expertise of LEAD staff. It is our goal to meet the need for a timely, accessible means of communication for short, informative articles about economic and labor conditions in our state, the nation, and around the world.
The unemployment rate is the most cited and least understood official indicator of labor market conditions. This post takes on some common myths and explains what the unemployment rate really tells us about the state of the economy.