Population continues to grow. Charlotte continues to lead the nation with in-migration of young, educated workers.
» 2008 saw more than 11,000 new residential units added.
» Nonresidential construction is running 20 percent above 2007, which is on target to surpass $2.1 billion as an all time record.
» More construction cranes are in Charlotte's skyline than ever before.
» Cost of living in Charlotte continues to be nearly 7 percent below the national average. Construction cost is 20 percent below the nation's.
» Charlotte continues to have the second strongest housing market in the nation.
» Air passenger enplanements at Charlotte Douglas International Airport are 5 percent above 2007's record year, which is on target to surpass 17 million passengers. International passengers are up nearly 8 percent.
» Charlotte continues to be the nation's second largest banking center with $3.3 trillion in headquartered assets.
» Charlotte continues to add jobs and business investment. In 2008, 1,337 businesses added 12,165 new jobs and invested over $2.3 billion in a record 27.6 million square feet of new facilities.
» New business prospects continue to consider Charlotte for new facilities. Each week on average ten new companies seek information from our staff and four visit the city for a closer look.
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Information provided by: Charlotte Chamber of Commerce
www.charlottechamber.com
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