2006 forecast:
growth in eight of 11 sectors
Eight of the state's eleven economic sectors
are forecast to experience growth during 2006. The sectors
with the strongest expected growth forecasts are
- finance, insurance, and real estate (FIRE), with
a projected real growth rate of 7.8 percent
- wholesale trade, 5.4 percent
- TWUI, 3.5 percent.
2006 jobs outlook: 60,000 net jobs; construction,
services strongest
For 2006 the state's economy should add 60,200 net jobs
to during the year. Nine of the state's ten nonagricultural
sectors of the economy should experience positive employment
growth during 2006. The sectors expected to display
the strongest employment growth rates in 2006 are construction
at 4.1 percent, services at 2.5 percent, and wholesale
trade at 2.3 percent.
The comprehensive Forecast report for September 2005
is available on the web at www.belkcollege.uncc.edu/forecast.
The next Forecast report will be released in December
2005.
by Belk College of Business
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