See on Scoop.it – Charlotte North Carolina
The beginning of 2012 is evidence that Charlotte’s economy is moving in the right direction. In fact, this is the best first quarter for investment since 2008. The latest numbers from the Employment Security Commission indicate that county employment is up 2.4 percent from this time last year. Retail spending also continues to rise, and the retail trade and food service industries are taking advantage. These two sectors accounted for more than one-third of the number of new or expanded jobs and firms. Overall, the first quarter of 2012 resulted in 285 new or expanding firms producing 2,058 jobs, $313 million in investment and 1.8 million additional square feet.
Construction on three speculative buildings began in the first quarter at Airport Commerce Center, Mallard Pointe and Northlake Commerce Center. This is one indicator that shows developers’ confidence in the recovery of the Charlotte economy.
The healthcare industry continues to lead the way in growth. Carolinas Healthcare System recently finished an expansion project in Pineville and announced two more free-standing emergency rooms; Presbyterian Hospital began renovating the E-wing and recently received approval to replace its orthopedic hospital.
See on charlottechamber.com