Economy GROWS 3.5% in 3rd Quarter- Music to My Ears in Charlotte
October 29th, 2009 Categories: About Charlotte, Charlotte News and Politics
Charlotte NC. This is Great Economic News. Great.
The US economy in 2009- 1st Quarter 6.4% loss, 2nd Quarter 0.7% loss, 3rd Quarter 3.5% gain
Inflation was annualized 1.6%. that is outstanding as well.
What’s left, we are done on the economy, right?
No, not done, not even close with more than 10M jobs lost, and over 12 M unemployed, and a Still shaky financial system.
It is ALL about Creating new jobs. Obama said it, and I couldn’t agree more. Waiting on those unemployment numbers to trend DOWN. Details here at the New York Times
But in Charlotte we are making progress:
If you saw my last post you know Charlotte IS creating new jobs, 20% ahead of the pace in 2008, and unemployment is falling in Charlotte and Charlotte real estate prices have risen in 4 of the last 6 months, and homes sold were up 23% in August over a year before…
Still, if we want the good times rolling here in Charlotte, we have to create jobs- jobs for May grad’s, for mid-level managers, in finance, in manufacturing, in the service sector…
Question of the day? How can Charlotte, and North Carolina Grow more jobs here? Without the cross-state bribery going on in South Carolina?
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