Prominent NC State Economist: NC economy slowly mending

  • July 2, 2013 • Jobs and the Economy

    NC economy slowly mending

    by John Murawski

    News & Observer

    July 2, 2013

    North Carolina is oh-so-slooooowly on track to bring unemployment below 7 percent statewide and below 6 percent in the Triangle by 2015, according to prognostications prepared by N.C. State University economist Michael Walden.

    “The good news is that North Carolina’s economic recovery is expected to continue,” Walden writes in his monthly report. “The bad news is that a rapid acceleration in growth is not yet on the horizon.”

    ...

    In May, Walden issued a prognosis for 18 months out, predicting substantial improvement over time.

    ...

    Read it here.