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eCONOMIC REPORT, 2008 Charlotte NC

By
Real Estate Agent with Savvy + Company (704) 491-3310 228209
Charlotte NC Profile 2008 Economic Profile, Charlotte NC 2008

All Signs Point to CharlotteDespite the economic downturn, businesses and individuals alike are attracted to the thriving Charlotte region. Economic and commercial growth continues and Charlotte has all the advantages of one of the most rapidly growing metropolitan areas in the nation. Charlotte's residents are warm, friendly and in many areas the small-town flavor remains.  

Located in the Piedmont region of the Carolinas, Charlotte is only two hours east of the Appalachian Mountains and three hours west of the Atlantic Ocean. New York City is 631 miles to the northeast and Atlanta is 256 miles to the southwest. Charlotte is virtually the 'center' of the Southeast.  In my opinion, Charlotte IS a world-class city and we have the activities, honors, employment and economic statistics to prove it!

Charlotte Demographics & Economic Profile & 10-Year Projection

 

 

 2008

2018 

 City 

 695,995

988,000

 County

 902,803

1.3 mil

 MSA

 1.7 mil

2.5 mil

 100 Mile

 7.1 mil

10.1 mil

 

Employment

 County

428,842

4.3% Unemployed

 MSA

788,406

 4.6% Unemployed



Air Travel

 Enplaned Passengers

14.3 mil 

 Enplaned Cargo

 77,589 tons



Construction

Residential Units 

18,089 

 $2.7 bil

Non-Residential Permits

 5,353

 $1.6 bil


Charlotte NC

More Charlotte Facts...

  • Cost of living below the national average
  • City, County and State AAA bond ratings
  • Average of 587 airline flights daily
  • $16 billion in annual retail sales
  • 1st most popular move destination
  • 1st America's most livable communities
  • 1st economic strength ranking
  • 2nd largest banking center (controls over $2 trillion in assets)
  • 2nd best city for entrepreneurs
  • 3rd best city for corporate headquarters
  • 3rd best city for business 
  • 4th best city for relocating singles
  • 6th in number of Fortune 500 headquarters
  • 12th most active airport in the country
  • 21st largest city in America
For More Charlotte Economic Information, click here.


Debe in Charlotte


About the author:

Quality Service CertifiedDebe Maxwell is a Charlotte Residential Real Estate Broker, Certified Neighborhoor & Relocation Specialist, ABR & e-PRO who can assist you with the purchase and/or sale of real estate in the Charlotte NC Metro Area.  If you're relocating to or from any other area of the country, Debe connects you with any member of her team of relocation professionals in your destination or exit city of choice.  The destination service is of no cost to you!  The Maxwell House Group's quality service guarantee puts this team far ahead of the competition; providing unsurpassed customer service is their #1 priority!  Debe Maxwell -- Helen Adams Realty -- 704.491.3310
Copyright© 2008 By Debe Maxwell, All Rights Reserved...**Economic Profile, Charlotte NC 2008**

Disclaimer:  All information provided by this author is strictly an opinion, is not guaranteed, may be based on information collected from several sources, which may or may not be deemed reliable at the time of researching this article and may be time sensitive.

Shop for YOUR Charlotte home HERE!Let's go shopping for Charlotte NC homes for sale!

Comments(2)

Chuck Willman
Chuck Willman - Alpine, UT
NewHouseUtah.com

I need to visit Charlotte as it has been quite some time and the place has grown so much. I love the signs pointing to different Charlottes... I need to tack one on there pointing out the mileage to my grandma Charlotte. :-)

Nov 08, 2008 03:40 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi Chuck!  You just would not believe how much she's grown!  I was chatting with someone earlier today about the changes we've seen in Charlotte over the last 15 years and how we would NEVER have thought that we would have come this far.  We've had an amazing Mayor who has seen to it that the city continues to grow; forward-thinking is ALWAYS good when you're gearing up to be a world-class city!

Thanks for stopping by and when you come for a visit, let me know--I'll show you our gorgeous city!

Debe in Charlotte

Nov 08, 2008 04:16 AM