Mike Walden

NACo Tracker
www.naco.org

A new report shows counties across the US and the state have shown economic progress, but recovery is sluggish.

The National Association of Counties’ interactive map shows economic recovery state by state and county by county.

Only about 20 of North Carolina’s 100 counties have somewhat recovered since the recession.

NC State Economist Mike Walden says it’s no surprise counties like Wake, Durham and Mecklenburg are on the list.

Economic Forecast
www.cedbr.org

Business, banking and community leaders packed the Sheraton Imperial Hotel Monday in Research Triangle Park for this year’s annual Economic Forecast Forum. It's sponsored by the North Carolina Bankers Association and the North Carolina Chamber of Commerce.

Economic experts seem to be on the same page when it comes to forecasting the state’s economy in 2015.   Expectations are high.

Economic Forecast
www.ncbankers.org

All economic indicators show continued growth across North Carolina in 2015.

Mike Walden is the William Neal Reynolds Distinguished Professor and Extension Economist at NC State.  He predicts payroll job growth across the state could top 125,000 jobs in 2015 – that's a lot more growth than in 2014. 

Walden says the economy has finally began to “hit a stride” with modest housing recovery and labor market improvements.

Unemployment Rate
NC Commerce

North Carolina’s unemployment rate edged downward in September.  But some still call the latest jobless report “mixed.”

The state’s jobless rate sits at 6.7 percent, down one-tenth of a percentage point from the month before.

Jobs
Thinglass / Shutterstock.com

The Economic Outlook for the Triangle continues to outpace the rest of the state.

The combined jobless rate for the Raleigh-Durham-Cary statistical area is 5.5 percent, according to the North Carolina Department of Commerce.  (By comparison, one year ago, the unemployment rate was almost two points higher. )

Here's the breakdown from N.C. State Economist Mike Walden. He expects final numbers will show the following:

NC Commerce

North Carolina’s jobless rate may not be anything to cheer about, but the state’s job growth is getting some applause. 

The state’s unemployment rate was 9.5 percent in January.  It's one of the highest in the nation, hovering hovered around that amount for the past year. The national rate sits at 7.9 percent.