N.C. growth forecast at 1.4%

The N.C. economy is expected to grow 1.4 percent in 2010, according to UNC Charlotte economist John Connaughton. The modest increase follows a decline of 2.9 percent in 2009. “The national economy has been able to put together five consecutive quarters of expansion, while the N.C. economy has struggled to put together three quarters of growth,” Connaughton says. “The state’s economic growth during this time has only been sufficient to stem job losses, but not to generate job growth. His…

Source: Charlotte Business News – Local Charlotte News | Charlotte Business Journal

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