Charlotte Chamber – Charlotte-Mecklenburg New and Expanded Business
Charlotte continues to reflect a healthy economic recovery with low unemployment and a robust real estate market. We are often seeing multiple Offer situations, especially in our inner-city neighborhoods, extending out into the Ballantyne area. The Lake Norman area is a bit slower recovering, yet data reflects positive movement in that market as well.
American Airlines merge with US Air, making Charlotte Douglas International Airport the second largest hub for the largest airline in the world. MetLife & XPO Logistics move to Charlotte contributed significantly to the South Charlotte/Ballantyne area’s rise in economic standing.
With interest rates remaining at an all-time low, expect 2014 to be a healthy follow-up year to one of the best years we’ve experienced in recent decades.
Year-End Summary of New and Expanded Business
|Year||Firms||Jobs||Square Feet (millions)||Investment (millions)|
The Charlotte Chamber works to grow the economy, serve as a voice for business and to deliver value to our members.
With the unemployment rate at a five year low, and the number of home sales in 2013 being the highest since 2007, Charlotte’s economic recovery is most definitely on the rise.
See on charlottechamber.com
© Debe Maxwell | The Maxwell House Group Real Estate | SavvyBroker@me.com | Charlotte Chamber – Charlotte-Mecklenburg New and Expanded Business