SlideShare a Scribd company logo
1 of 11
Download to read offline
BY THE NUMBERS

                      10 NOVEMBER




                                       BY THE NUMBERS
     Charlotte Regional Partnership
           Department of Research
              550 South Caldwell St
                           Suite 760
                Charlotte, NC 28202
                    (704) 347-8942
                fax (704) 347-8981
Compiled monthly and posted online
            www.charlotteusa.com:
BY THE NUMBERS
Local Labor Conditions

                                                                                                                      Labor Force in Charlotte USA
                                                                                                                            (Oct 2009 to Oct 2010)
                                                                                                                                  declined by 1.7%


                                                                                                                                Unemployment Rate in
                                                                                                                                         Charlotte USA
                                                                                                                               decreased to 10.6% from
                                                                                                                                      11.0% last month


                                                                                                                      Initial Unemployment Claims
                                                                                                                          decreased region wide by
                                                                                                                       14.6% in Oct‘10 from Oct’09
                                                                                             NC
                                                                                            9.6%

                                                                                        SC
                                                                                       10.7%                                 A change in unemployment is not entirely
                                                                                                                          attributable to job gains and losses. It is partially
                                                                                                                          caused by the movement of people in and out of
                                                                                                                                            the labor force.




                    Charlotte Regional Partnership:                                                                Charlotte Regional Partnership:
50000                Initial Unemployment Claims                                        1250000                            “Employed” Population


40000                                                                                   1200000

                                                                                        1150000                                                              1,129,991
30000
                                                                                        1100000

20000                                                              17,640               1050000

                                                Source: NC ESC, SC ESC Oct 2010                                                          Source: NC ESC, SC ESC LAUS Oct 2010
10000                                                                                   1000000
                                                        g Sep        t          c                                                                                  p        t
        Jan   Feb    Ma
                        r
                            Ap
                               r
                                   Ma
                                     y   Jun    Jul Au            Oc Nov De                          Jan   Feb     Ma
                                                                                                                      r
                                                                                                                            Ap
                                                                                                                               r
                                                                                                                                   Ma
                                                                                                                                     y    Jun   Jul   Au
                                                                                                                                                         g       Se    Oc       No
                                                                                                                                                                                  v
                                                                                                                                                                                        De
                                                                                                                                                                                          c

                    2008                 2009              2010                                                    2008                  2009                2010
                                                                                        LAUS figures are estimates by place of residence. It counts the number of employed people
                                                                                        living in the 16 county region at month end. Cannot be compared to CES data (below)

                                                      Charlotte-Gastonia-Concord MSA: Employment Trends

         Over-the-Month Employment Change                          1,200       0.1%         Over-the-Year Employment Change                                  5,600              0.7%
         Mining, Logging & Construction                            -200        -0.6%        Mining Logging & Construction                                    -4,600             -11.8%
         Manufacturing                                             -100        -0.1%        Manufacturing                                                    600                0.9%
         Trade, Transportation & Utilities                         1,300       0.8          Trade, Transp. & Utilities                                       1,200              0.7%
         Information                                               -600        -0.9         Information                                                      500                2.4%
         Financial Activities                                      2,400       1.8%         Financial Activities                                             0                  0.0%
         Professional and Business Services                        900         1.1%         Professional and Business Services                               9,100              7.3%
         Education and Health Services                             900         1.1%         Educational & Health Services                                    300                0.4%
         Leisure & Hospitality                                     -5,000      -5.5%        Leisure & Hospitality                                            -2,200             -2.5%
         Other Services                                            300         1.0%         Other Services                                                   300                1.0%
         Government                                                2,100       1.8%         Government                                                       400                0.3%
   Source: NC Employment Security Commission, August, 2010. MSA include Anson, Cabarrus, Gaston, Mecklenburg, Union and York Counties. CES data is based on work location
   and is a monthly survey of employers. It counts the number of positions in the MSA on a monthly basis.. Cannot be compared to LAUS data (above).
BY THE NUMBERS
National Perspective

                 U.S. Unemployment Rate                                                                                              Institute for Supply Management (ISM)
                                                                                                                           Report on Business: Manufacturing Diffusion Indices
 15.0
                                                                                                                   70
 12.2
                                                                                                                   60
                                                                                         9.8%
  9.4                                                                                                                                                                                                   56.9
                                                                                                                   50
  6.6
                                                                                                                   40
  3.8
                                                                                                                   30
                Source: U.S. Bureau of Labor Statistics Nov 2010
  1.0                                                                            t
               Feb
                        r          r      y    Jun    Jul
                                                                g    Sep    Oc             v      c
        Jan           Ma
                      2008
                                Ap      Ma
                                                2009
                                                             Au
                                                                           2010
                                                                                         No     De
                                                                                                                   20
                                                                                                                   10
                                                                                                                                                           Source: Institute for Supply Management Oct 2010
         U.S. Consumer Confidence Index                                                                             0            9    9          0                                0 0
                                                                                                                            9              0          0                                      0
                                                                                                                         t-0 ov-0 ec-0 an-1 Feb-1 ar-1 pr -10 ay-10 n-10 l-10 ug-1 ep-1 ct-1
                                                                                                                    Oc      N    D    J          M A        M      Ju  Ju A      S     O
 150
                                                                                                                                       Employment                                  Production
 120                                                                                                                                   Composite (PMI)                             New Orders

  90

  60                                                                                 54.1

  30
                            Source: The Conference Board Nov 2010
   0                                                                                 t
         Jan    Feb    Ma
                            r
                                 Ap
                                    r
                                         Ma
                                           y    Jun    Jul    Au
                                                                 g    Sep    Oc           No
                                                                                            v
                                                                                                 De
                                                                                                      c
                 2007                    2008                2009                    2010




Southeastern U.S. Perspective

                                                                                                                                     Federal Reserve Bank of Richmond:
                                                                                                                             Fifth District Survey of Manufacturing Activity
                                                                                                                        Includes Maryland, Virginia, West Virginia, North Carolina and South Carolina
                                                                                                              50
                                                                                                              40
                                                                                                              30
                                                                                                              20
                                                                                                              10                                                                                          9
                                                                                                               0
                                                                                                             -10
                                                                                                             -20
                                                                                                             -30
                                                                                                             -40
                                                                                                                                                        Source: Federal Reserve Bank of Richmond Nov 2010
                                                                                                             -50
                                                                                                                    9 9    0   0 -10 r -10 -10 -10 -10 g-10 p-10 t-10 -10
                                                                                                                 v-0 c-0 -1 -1   r         y       l       e Oc Nov
                                                                                                               No De Jan Feb Ma Ap Ma Jun Ju Au S
                                                                                                                                      Employment                                 Shipments
                                                                                                                                      Composite                                  New Orders
BY THE NUMBERS
Southeastern U.S. Perspective


   50
   40
   30
   20                                                                                            17
                                                                                               17
   10
                                                                                                   0
    0
  -10
  -20
  -30
  -40
        Source: Federal Reserve Bank of Richmond, Nov 2010
  -50
           9    9    0                 0    0
        v-0 ec-0 an-1 eb-10 ar-10pr - 1 ay-1 n-10ul-10 g-10 p-10ct-10 v-10
   No      D     J    F   M A          M Ju J Au Se O No
                Nation                            Region                           Company




                                                                       S&P / Case-Shiller Index Home Price Indices
                                                                                  Seasonally Adjusted
                                                     200
                                                     190
                                                     180
                                                     170
                                                     160
                                                     150
                                                     140
                                                     130
                                                     120
                                                     110
                                                               Source: S&P / Case-Shiller Index Sept 2010. 3 month rolling average
                                                     100
                                                                -09 t-09 v-09 c-09 -10 -10 r-10 r-09 y-09 l-10 l-10 g-10 p-10
                                                             Sep Oc No De Jan Feb Ma Ap Ma               Ju   Ju Au Se

                                                                       Atlanta                                 Charlotte             Washington DC
                                                                       Dallas                                  Tampa
BY THE NUMBERS

Labor Market Comparison to Regions in Carolinas:

                                             Regional Comparison:
                                           Net Jobs as % of Workforce:
                     5
                                               Oct 2009-Oct 2010
                     4
                     3
                     2
                     1
                                     1.2% 0.6% 0.6% 0.5%
                     0                                              -0.4% -0.7% -0.9% -4.0%
                     -1
                     -2
                     -3
                     -4
                                                             Source: LAUS program in NC, SC Labor Departments
                     -5

                               RTP
                               RT               Upstate                 Eastern                 AdvWest
                                                                                                Ad
                               CRP
                               C                PTP                     Southeast               Northeast
                                                                                                No



Labor Market Comparison to Other Southeast Metro’s

                                              Metropolitan Comparison:
                                              Net Jobs as % of Workforce:
                          5
                                                  Oct 2009-Oct 2010
                          4
                          3
                          2
                          1
                                      2.95% 1.4%           0.6%
                          0                                            -0.1% -0.3% -0.3%
                          -1
                          -2
                          -3
                          -4
                                         Source: LAUS program in VA, FL, OH, TN, KY, NC, SC, GA Labor Departments
                          -5

                                      Nashville                      Charlotte                     Jacksonville
                                      Cincinnati                     Richmond                      Atlanta
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
                                                                                                             Added
   Company                                      County             New or Expanded Type                       Jobs
                                                          January-10
   Advanced Green Technologies                  Mecklenburg        Exp              Energy                     3
   Wilbert Plastic Services                     Gaston             New              HQ/Mfg                    41
   Composite Resources                          York               Exp              Mfg                       50
   Husqvarna                                    Mecklenburg        Exp              NAHQ/Mfg                  160
   Belk                                         Mecklenburg        Exp              HQ/retail                 39
   Harmony Labs                                 Cabarrus           Exp              Pharma mfg                40
   Concord Global Trading                       Iredell            New              Wlsle/Retail furniture    N/A
   Extend-A-Haul                                Rowan              Exp              Mfg/truck parts          10-50
   Convergys Corp                               Catawba            Exp              Call center               120
                                                Mecklenburg/
   Celgard                                      Cabarrus           Exp              Energy/Batteries          289
   Monsanto Co.                                 Cabarrus           New              Research/health           12
   W.A. Brown and Son                           Rowan              Rehire           Mfg                       40
   Advanced Disposal                            Mecklenburg        New              Environmental Serv.       N/A
                                                          February-10
   Kewaunee Scientific Corporation              Iredell            Expansion        Mfg-lab equipment         100
   Solaris Industries Inc.                      Cleveland          New              Mfg-steel tubes           50
   Defense Venture Group                        Lancaster          Move from Meck   HQ/Mfg armored vehic.     220
   Bradman Lake                                 York               Move from Meck   Mfg-food packaging        50
   Wastequip Inc.,                              Mecklenburg        New              Mfg-waste container       N/A
                                                           March-10
   The Garretson Firm                           Mecklenburg        Exp              Legal Serv/health care    30
   Turman Commercial Painters                   Mecklenburg        Exp              Commercial Painters       N/A
   Longitude 80 Dairies LLP
   (Stamey Farms with Toni Dairy Industry SA)   Iredell            New              Yogurt production         32
   Triad Racing Technology                      Iredell            New              Engine shop/mtrspts       56
   Pierre Foods, Inc                            Catawba            Exp              Mfg/Dist food             500
   Continental Tires The Americas               Lancaster          Exp              Mfg auto parts            50
   Siemens Energy                               Mecklenburg        Exp              Mfg gas turbine           825
   Turbotec                                     Catawba            Exp              Mfg heat exchangers       73
   Robbins-Gioia                                Mecklenburg        Exp              Financial Services        n/a
   Sonoco Recycling Inc                         Mecklenburg        Exp              Material recovery          0
   Hammerhead                                   Iredell            New              Film studio               n/a
   Colfax Corporation (IMO Pump)                Union              Exp              Mfg pump/valve             0
   Atlas Copco                                  York/Meck          Exp              Dist. Center in Meck       8
   Industrial Fabricators/Dixon Products        Gaston             Exp              Mfg pipe                  50
   Hewitt Associates                            Mecklenburg        Exp              Consulting/FS/IT          463
   Capital Advisors                             Mecklenburg        New              FS: mortgages             14
   Integrated Capital Strategies                Mecklenburg        New              FS: investment            23
   Pelton & Crane                               Mecklenburg        Exp              Mfg                       N/A
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
                                                             New or                              Added
 Company                              County                 Expanded Type                        Jobs
                                                  April-10
 Cataler North America                Lincoln                Exp        Mfg-auto parts            40
 Greiner Bio-One Inc                  Union                  Exp        Mfg - medical device      51
 Ajax Rolled Ring                     York                   Exp        Mfg - custom              30
 Anderson America Corp                Mecklenburg            Exp        Mfg - machines            25
 Norfolk Southern                     Mecklenburg            Exp        Logistics inter modal     200
 Michelin Aircraft Tire Company       Stanly                 Exp        Aircraft tires            74
 Basset Furniture Industries          Catawba                Reopen     Upholstery plant          N/A
 Clariant Corporation                 Mecklenburg            Exp        Chemicals                 50
 PGT Industries                       Rowan                  Exp        Mfg - windows doors       100
 Verizon Wireless                     Mecklenburg            Exp        Call Center               100
 Fab Fours                            Lancaster (frm Meck)   Exp        Mfg-auto parts             3
 Duke Energy Generation Services      Cleveland              New        Solar Farm                N/A
 Linet Americas                       Mecklenburg            New        HQ/Back office medical    50
 Kinro Inc (Drew Industries)          Chester                New        Mfg-doors and windows     125
 Greyne Custom Wood                   Lancaster              New        Mfg-hard wood floor       50
 ProFlowers                           Mecklenburg            New        Distribution center       N/A
 Haile Gold Mine (Romarco Minerals)   Lancaster              Exp        Gold mine                 300
 TradeKing                            Mecklenburg            Exp        Financial Services        20
                                                  May-10
 Robert W. Baird & Company            Mecklenburg            Exp        Financial Services         4
 Telerx                               Gaston                 Exp        Bus. Services             60
 American Red Cross                   Mecklenburg            Exp        Call center               267
 Strategic Outsourcing Inc            Lancaster              Exp        HQ: Bus. Services         65
 Immune Tolerance Institute           Cabarrus               New        Health                    N/A
 General Mills                        Cabarrus               New        Health                    N/A
 US Food Service Inc                  Mecklenburg            New        Distribution: Food        400
 Tannery Brook Partners               Mecklenburg            New        FS: investment broker     14
 Alro Steel                           Mecklenburg            Exp        Mfg: steel                10
 Dublin Dog                           Mecklenburg            Exp        Mfg: dog collars          N/A
 Babcock & Wilcox                     Mecklenburg            New        Mfg-nuclear               118
 Nutramax Laboratories                Lancaster              New        Mfg-Pharma                203
                                                  June-10
 WebVisable                           Mecklenburg            Expansion Technology/Services        150
 Red Ventures                         Lancaster              Expansion HQ/technology              150
 Magna Composites LLC                 Rowan/Catawba          Expansion Mfg-Auto parts             193
 Ameritrust Mortgage                  Mecklenburg            Expansion Financial Services         70
 Morgan Stanley                       Mecklenburg            Expansion Financial Services         50
 Ironwood Farms LLC                   Chesterfield           New        Organic lawn products     11
 Citco Fund Services                  Mecklenburg            New        Financial Services        258
 Clearwater Paper Corp.               Cleveland              New        Mfg-Paper goods           250
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
                                                                  New or                               Added
   Company                             County                     Expanded Type                         Jobs
                                              June-10 continued
   Jo-Mar Spinning                     Gaston                     New         Mfg-Yarn spinning         100
   Ilmore Marine LLC                   Iredell                    Expansion Mfg-boat engines            15
   Hydac International                 Lincoln                    New         Mfg-hydraulic parts       40
   Pamlico                             Mecklenburg                Expansion Financial services          35
   Peak Resources                      Gaston                     Expansion HQ/Health care              N/A
   Gayle’s Aerospace Parts             Mecklenburg                New         Whlsl: Transp equip       12
   Atlantic Packaging                  Mecklenburg                Expansion Paper/packaging             75
   c5insight                           Mecklenburg                Expansion Consulting                  13
   Pro Pac                             Mecklenburg                New         Packaging service         250
   Coalogix Regeneration               Mecklenburg                Expansion Mfg                          9
   Hoffman’s and Hoffman’s             Mecklenburg                Expansion Mfg                         18
   V-Bio Inc                           Mecklenburg                New         Healthcare/Research       N/A
                                                   July-10
   Freightliner                        Rowan                      Recall      Mfg - automotive          280
   Edgen Murray                        Mecklenburg                Expansion Energy - steel fittings     13
   Quicken Loans                       Mecklenburg                Expansion Financial Services          100
   Pulcra Chemicals LLC                York (frm Meck)            Expansion HQ/Chem mfg                 15
   Lucky County, Inc                   Lincoln                    Expansion Mfg - candy                  3
                                                  August-10
   Norandal USA                        Rowan                      Expansion Mfg- metal                  25
   Boral Composites, Inc               Rowan                      Expansion Construction - green        25
   Advisors Asset Management           Mecklenburg                Expansion Financial services          15
   Supermetal Structures               York                       New         Mfg-steel                 125
   Wells Fargo                         Mecklenburg                Expansion Financial Services          80
   Fifth Third                         Mecklenburg                Expansion Financial Services          25
   Zenta                               Mecklenburg                Expansion Financial Services          100
   Tyson Foods Inc                     Union                      Expansion Food processing             60
   Henry Schein Inc                    Union                      New         Medical device            N/A
   Sompo Japan Insurance Co            Mecklenburg                Expansion Financial Services          46
   ProCal Professional Decals          Cabarrus                   Expansion Motorsport                  N/A
                                                 September-10
   Lava USA                            York (frm Gaston)          Expansion Mfg - knit fabric           10
   Chemetall Foote Corp.               Cleveland                  Expansion Energy-lithium batteries    22
   Foundation Financial                Mecklenburg                Expansion Financial Services          50
   ABB                                 Mecklenburg                New         Energy - cables           100
   ImageMark Business Services, Inc    Gaston                     Expansion Business Services           15
   Schaeffler Group USA                Chesterfield               Expansion Mfg - auto parts            70
   DNP IMS America Corp (Dai Nippon)   Cabarrus                   Expansion Printing technology         37
   Siemens Energy Inc                  Mecklenburg                Expansion Energy - nuclear group      50
   CapitalSouth Partners               Mecklenburg                Expansion Financial Serivces           6
   ISIS Find Services                  Mecklenburg                New         Financial Services        N/A
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
                                                                                             New or                               Added
    Company                                                 County                           Expanded Type                         Jobs
                                                                       October-10
    Tree.com Inc.                                           Mecklenburg                      Expansion Technology/financial         75
    Bank of America                                         Mecklenburg                      Expansion Financial Services          N/A
    Li-Ion Motors Corp.                                     Iredell                          Expansion Mfg- Electric auto          600
    Spectrum Discovery Center                               Cabarrus                         Expansion Business services          15 (p-t)
    Saertex USA                                             Mecklenburg                      Expansion Mfg - composites            178
    Winbro Group Technologies                               York                             New         Mfg-energy                 25
    BestSweet Inc                                           Iredell                          Expanion    Mfg-food/pharma             0
    Calico Coatings                                         Lincoln                          Expansion Mfg-coatings                  2
    Herbert Performance Parts                               Licoln                           Expansion motorsports - engines         4
    FCR Recycling                                           Mecklenburg                      Expansion Recylcer                    100
    Horizon Lines                                           Mecklenburg                      Expansion Shipping                      0
    Irwin Industrial Tools (rubbermaid)                     Mecklnburg                       Expansion Customer service center      15
    Bohle America Inc                                       Mecklenburg                      New         NA HQ/distribution          6
    Novant Health                                           Cabarrus                         Expansion Distribution                 14
    Sperry Van Ness                                         Mecklenburg                      Expansion Financial services            4
                                                                      November-10
    Infiltrator Systems                                     Rowan                            New         Mfg-drainage systems       36
    HOF Textiles                                            Lincoln                          Expansion Mfg-nonwovens                 3
    US Airways                                              Mecklenburg                      Exp/rehire Airline                    N/A
    Verian Technologies                                     Lancaster                        Exp         Financial services         20
    SPX Corp.                                               Mecklenburg                      Exp         Mfg-pumps/tools           180
    Wipro Company                                           Cleveland                        New         Data center                17
    FAS Controls Inc.                                       Cleveland                        Exp         Mfg-vehicle components     52
    Belk                                                    Mecklenburg                      Exp         Retail HQ (IT dept)        75
    NGK Ceramics                                            Iredell                          Exp         Mfg-vehicle components     60
    Shaw Power Group                                        Mecklenburg                      Exp         Mfg-energy industry       225



    Source: Compiled by CRP staff from various news sources, press releases and company announcements
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
    Company                                  County             Layoff/Closure   Type                    Lost Jobs
                                                         January-10
    Coastal Federal Credit Union             Meck/Cabarrus      CL               Financial Services         N/A
    NASCAR Scene/NASCAR Illustrated          Cabarrus           Merge            Motorsports/Media          18
    Haldex                                   Iredell            CL               Mfg                        91
    Charlotte Observer                       Mecklenburg        LY               Media                      25
    Glen Raven                               Iredell            LY               Textile Mfg                41
    The Herald                               York               LY               Media                       7
    Dana Holdings Corp                       Iredell            LY               Mfg/engineering            25
    Clayton Homes                            Stanly             CL               Mfg/Modular Homes          94
                                                        February-10
    Sun Chemical Corp                        Mecklenburg        CL               Mfg-inks and coatings      75
    GMAC (Semperian)                         Mecklenburg        LY               FS call center-auto        71
    Taylored Chemical Products               Cleveland          CL               Chemicals                  40
    Orthofix International                   Mecklenburg        CL               Med device                  6
                                                         March-10
    Maxon Furniture Inc                      Rowan              CL               Mfg furniture              132
    CommScope                                Catawba            LY               Mfg cable                  85
    AbitibiBowater                           York               LY               Paper mill                 30
    Berry Plastics Corp                      Mecklenburg        CL               Mfg packaging              73
    Pass Seymour/Legrand                     Cabarrus           LY               Mfg/Dist wiring            163
                                                          April-10
    UTI Integrated Logistics                 Rowan              LY               Warehousing/Logistics      53
    Carilion Labs                            Mecklenburg        LY               Health care                90
    Connextions                              Cabarrus           LY               Call Center              300-350
    Elmer’s Products                         Iredell            LY               Distribution               50
                                                          May-10
    U.S. F1                                  Mecklenburg        CL               Motorsports                 9
    Palm Harbor Homes                        Stanly             CL               Mfg/Modular Homes          110
    Fast & Lite                              Union              CL               Contractor                 12
    Humana Inc                               Lancaster          LY               Health                     70
                                                          June-10
    John Deer Southeast Engineering Center   Mecklenburg        CL               Services                   90
    Lance Inc                                Mecklenburg        LY               Mfg-Snack food             96
                                                          July-10
    Butler America                           Various            LY               Feet maintenance            9
    TS Electric Inc                          Gaston             CL               Electrical contractor      71
    IBM Corp                                 Mecklenburg        LY               Technology                 50
                                                         August-10
    Caye Home Furnishing                     Alexander          LY               Mfg-Furniture              70
    Cooper Wiring Devices                    Mecklenburg        CL               Mfg/Distrib wire           82
BY THE NUMBERS
Charlotte USA Business Activity: Announced Investments, Layoffs & Closures
    Company                                                  County                 Layoff/Closure          Type                 Lost Jobs
                                                                        September-10
    Charlotte Observer                                       Mecklenburg            LY                      Newspaper               20
    Hickory Printing Group                                   Catawba                CL                      Printing                168
    Simonini Builders Inc                                    Mecklenburg            CL                      Home builder            46
    Newman Machinery Corp                                    Union                  CL                      Mfg-Machinery           15
    Automated Solutions LLC                                  Catawba                CL                      Plastic Packaging       12
                                                                          October-10
    Corder Philips                                           Mecklenburg            CL                      Business services       15
    Citi Financial                                           York                   LY                      Financial Services      45
                                                                        November-10
    Future Foam Inc.                                         Catawba                Move                    Mfg-funiture            65
    Hooker Furniter                                          Gaston move to LY                              Mfg-furniture           26
                                                             Catawba
    Richard Petty Motorsports                                Cabarrus               LY                      Motorsports team        75
   Source: Compiled by CRP staff from various news sources, press releases and company announcements




                                                                               Charlotte Regional Partnership
                                                                                   550 South Caldwell St
                                                                                          Suite 760
                                                                                    Charlotte, NC 28202
                                                                                       (704) 347-8942
                                                                                     fax (704) 347-8981

                                                                          Compiled monthly and posted online
                                                                               www.charlotteusa.com:

                                                                                  For questions, contact:
                                                                                  Vanessa Goeschl, CEcD,
                                                                                       VP Research
                                                                                vgoeschl@charlotteusa.com

More Related Content

Recently uploaded

Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxCynthia Clay
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSpanmisemningshen123
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Timegargpaaro
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizharallensay1
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified Binance Account
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareWorkforce Group
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfDerekIwanaka1
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfbelieveminhh
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecZurliaSoop
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...ssuserf63bd7
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 

Recently uploaded (20)

Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From Seosmmearth
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdf
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 

Featured

Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 

Featured (20)

Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 

Charlotte USA By The Numbers 11-30-2010

  • 1. BY THE NUMBERS 10 NOVEMBER BY THE NUMBERS Charlotte Regional Partnership Department of Research 550 South Caldwell St Suite 760 Charlotte, NC 28202 (704) 347-8942 fax (704) 347-8981 Compiled monthly and posted online www.charlotteusa.com:
  • 2. BY THE NUMBERS Local Labor Conditions Labor Force in Charlotte USA (Oct 2009 to Oct 2010) declined by 1.7% Unemployment Rate in Charlotte USA decreased to 10.6% from 11.0% last month Initial Unemployment Claims decreased region wide by 14.6% in Oct‘10 from Oct’09 NC 9.6% SC 10.7% A change in unemployment is not entirely attributable to job gains and losses. It is partially caused by the movement of people in and out of the labor force. Charlotte Regional Partnership: Charlotte Regional Partnership: 50000 Initial Unemployment Claims 1250000 “Employed” Population 40000 1200000 1150000 1,129,991 30000 1100000 20000 17,640 1050000 Source: NC ESC, SC ESC Oct 2010 Source: NC ESC, SC ESC LAUS Oct 2010 10000 1000000 g Sep t c p t Jan Feb Ma r Ap r Ma y Jun Jul Au Oc Nov De Jan Feb Ma r Ap r Ma y Jun Jul Au g Se Oc No v De c 2008 2009 2010 2008 2009 2010 LAUS figures are estimates by place of residence. It counts the number of employed people living in the 16 county region at month end. Cannot be compared to CES data (below) Charlotte-Gastonia-Concord MSA: Employment Trends Over-the-Month Employment Change 1,200 0.1% Over-the-Year Employment Change 5,600 0.7% Mining, Logging & Construction -200 -0.6% Mining Logging & Construction -4,600 -11.8% Manufacturing -100 -0.1% Manufacturing 600 0.9% Trade, Transportation & Utilities 1,300 0.8 Trade, Transp. & Utilities 1,200 0.7% Information -600 -0.9 Information 500 2.4% Financial Activities 2,400 1.8% Financial Activities 0 0.0% Professional and Business Services 900 1.1% Professional and Business Services 9,100 7.3% Education and Health Services 900 1.1% Educational & Health Services 300 0.4% Leisure & Hospitality -5,000 -5.5% Leisure & Hospitality -2,200 -2.5% Other Services 300 1.0% Other Services 300 1.0% Government 2,100 1.8% Government 400 0.3% Source: NC Employment Security Commission, August, 2010. MSA include Anson, Cabarrus, Gaston, Mecklenburg, Union and York Counties. CES data is based on work location and is a monthly survey of employers. It counts the number of positions in the MSA on a monthly basis.. Cannot be compared to LAUS data (above).
  • 3. BY THE NUMBERS National Perspective U.S. Unemployment Rate Institute for Supply Management (ISM) Report on Business: Manufacturing Diffusion Indices 15.0 70 12.2 60 9.8% 9.4 56.9 50 6.6 40 3.8 30 Source: U.S. Bureau of Labor Statistics Nov 2010 1.0 t Feb r r y Jun Jul g Sep Oc v c Jan Ma 2008 Ap Ma 2009 Au 2010 No De 20 10 Source: Institute for Supply Management Oct 2010 U.S. Consumer Confidence Index 0 9 9 0 0 0 9 0 0 0 t-0 ov-0 ec-0 an-1 Feb-1 ar-1 pr -10 ay-10 n-10 l-10 ug-1 ep-1 ct-1 Oc N D J M A M Ju Ju A S O 150 Employment Production 120 Composite (PMI) New Orders 90 60 54.1 30 Source: The Conference Board Nov 2010 0 t Jan Feb Ma r Ap r Ma y Jun Jul Au g Sep Oc No v De c 2007 2008 2009 2010 Southeastern U.S. Perspective Federal Reserve Bank of Richmond: Fifth District Survey of Manufacturing Activity Includes Maryland, Virginia, West Virginia, North Carolina and South Carolina 50 40 30 20 10 9 0 -10 -20 -30 -40 Source: Federal Reserve Bank of Richmond Nov 2010 -50 9 9 0 0 -10 r -10 -10 -10 -10 g-10 p-10 t-10 -10 v-0 c-0 -1 -1 r y l e Oc Nov No De Jan Feb Ma Ap Ma Jun Ju Au S Employment Shipments Composite New Orders
  • 4. BY THE NUMBERS Southeastern U.S. Perspective 50 40 30 20 17 17 10 0 0 -10 -20 -30 -40 Source: Federal Reserve Bank of Richmond, Nov 2010 -50 9 9 0 0 0 v-0 ec-0 an-1 eb-10 ar-10pr - 1 ay-1 n-10ul-10 g-10 p-10ct-10 v-10 No D J F M A M Ju J Au Se O No Nation Region Company S&P / Case-Shiller Index Home Price Indices Seasonally Adjusted 200 190 180 170 160 150 140 130 120 110 Source: S&P / Case-Shiller Index Sept 2010. 3 month rolling average 100 -09 t-09 v-09 c-09 -10 -10 r-10 r-09 y-09 l-10 l-10 g-10 p-10 Sep Oc No De Jan Feb Ma Ap Ma Ju Ju Au Se Atlanta Charlotte Washington DC Dallas Tampa
  • 5. BY THE NUMBERS Labor Market Comparison to Regions in Carolinas: Regional Comparison: Net Jobs as % of Workforce: 5 Oct 2009-Oct 2010 4 3 2 1 1.2% 0.6% 0.6% 0.5% 0 -0.4% -0.7% -0.9% -4.0% -1 -2 -3 -4 Source: LAUS program in NC, SC Labor Departments -5 RTP RT Upstate Eastern AdvWest Ad CRP C PTP Southeast Northeast No Labor Market Comparison to Other Southeast Metro’s Metropolitan Comparison: Net Jobs as % of Workforce: 5 Oct 2009-Oct 2010 4 3 2 1 2.95% 1.4% 0.6% 0 -0.1% -0.3% -0.3% -1 -2 -3 -4 Source: LAUS program in VA, FL, OH, TN, KY, NC, SC, GA Labor Departments -5 Nashville Charlotte Jacksonville Cincinnati Richmond Atlanta
  • 6. BY THE NUMBERS Charlotte USA Business Activity: Announced Investments, Layoffs & Closures Added Company County New or Expanded Type Jobs January-10 Advanced Green Technologies Mecklenburg Exp Energy 3 Wilbert Plastic Services Gaston New HQ/Mfg 41 Composite Resources York Exp Mfg 50 Husqvarna Mecklenburg Exp NAHQ/Mfg 160 Belk Mecklenburg Exp HQ/retail 39 Harmony Labs Cabarrus Exp Pharma mfg 40 Concord Global Trading Iredell New Wlsle/Retail furniture N/A Extend-A-Haul Rowan Exp Mfg/truck parts 10-50 Convergys Corp Catawba Exp Call center 120 Mecklenburg/ Celgard Cabarrus Exp Energy/Batteries 289 Monsanto Co. Cabarrus New Research/health 12 W.A. Brown and Son Rowan Rehire Mfg 40 Advanced Disposal Mecklenburg New Environmental Serv. N/A February-10 Kewaunee Scientific Corporation Iredell Expansion Mfg-lab equipment 100 Solaris Industries Inc. Cleveland New Mfg-steel tubes 50 Defense Venture Group Lancaster Move from Meck HQ/Mfg armored vehic. 220 Bradman Lake York Move from Meck Mfg-food packaging 50 Wastequip Inc., Mecklenburg New Mfg-waste container N/A March-10 The Garretson Firm Mecklenburg Exp Legal Serv/health care 30 Turman Commercial Painters Mecklenburg Exp Commercial Painters N/A Longitude 80 Dairies LLP (Stamey Farms with Toni Dairy Industry SA) Iredell New Yogurt production 32 Triad Racing Technology Iredell New Engine shop/mtrspts 56 Pierre Foods, Inc Catawba Exp Mfg/Dist food 500 Continental Tires The Americas Lancaster Exp Mfg auto parts 50 Siemens Energy Mecklenburg Exp Mfg gas turbine 825 Turbotec Catawba Exp Mfg heat exchangers 73 Robbins-Gioia Mecklenburg Exp Financial Services n/a Sonoco Recycling Inc Mecklenburg Exp Material recovery 0 Hammerhead Iredell New Film studio n/a Colfax Corporation (IMO Pump) Union Exp Mfg pump/valve 0 Atlas Copco York/Meck Exp Dist. Center in Meck 8 Industrial Fabricators/Dixon Products Gaston Exp Mfg pipe 50 Hewitt Associates Mecklenburg Exp Consulting/FS/IT 463 Capital Advisors Mecklenburg New FS: mortgages 14 Integrated Capital Strategies Mecklenburg New FS: investment 23 Pelton & Crane Mecklenburg Exp Mfg N/A
  • 7. BY THE NUMBERS Charlotte USA Business Activity: Announced Investments, Layoffs & Closures New or Added Company County Expanded Type Jobs April-10 Cataler North America Lincoln Exp Mfg-auto parts 40 Greiner Bio-One Inc Union Exp Mfg - medical device 51 Ajax Rolled Ring York Exp Mfg - custom 30 Anderson America Corp Mecklenburg Exp Mfg - machines 25 Norfolk Southern Mecklenburg Exp Logistics inter modal 200 Michelin Aircraft Tire Company Stanly Exp Aircraft tires 74 Basset Furniture Industries Catawba Reopen Upholstery plant N/A Clariant Corporation Mecklenburg Exp Chemicals 50 PGT Industries Rowan Exp Mfg - windows doors 100 Verizon Wireless Mecklenburg Exp Call Center 100 Fab Fours Lancaster (frm Meck) Exp Mfg-auto parts 3 Duke Energy Generation Services Cleveland New Solar Farm N/A Linet Americas Mecklenburg New HQ/Back office medical 50 Kinro Inc (Drew Industries) Chester New Mfg-doors and windows 125 Greyne Custom Wood Lancaster New Mfg-hard wood floor 50 ProFlowers Mecklenburg New Distribution center N/A Haile Gold Mine (Romarco Minerals) Lancaster Exp Gold mine 300 TradeKing Mecklenburg Exp Financial Services 20 May-10 Robert W. Baird & Company Mecklenburg Exp Financial Services 4 Telerx Gaston Exp Bus. Services 60 American Red Cross Mecklenburg Exp Call center 267 Strategic Outsourcing Inc Lancaster Exp HQ: Bus. Services 65 Immune Tolerance Institute Cabarrus New Health N/A General Mills Cabarrus New Health N/A US Food Service Inc Mecklenburg New Distribution: Food 400 Tannery Brook Partners Mecklenburg New FS: investment broker 14 Alro Steel Mecklenburg Exp Mfg: steel 10 Dublin Dog Mecklenburg Exp Mfg: dog collars N/A Babcock & Wilcox Mecklenburg New Mfg-nuclear 118 Nutramax Laboratories Lancaster New Mfg-Pharma 203 June-10 WebVisable Mecklenburg Expansion Technology/Services 150 Red Ventures Lancaster Expansion HQ/technology 150 Magna Composites LLC Rowan/Catawba Expansion Mfg-Auto parts 193 Ameritrust Mortgage Mecklenburg Expansion Financial Services 70 Morgan Stanley Mecklenburg Expansion Financial Services 50 Ironwood Farms LLC Chesterfield New Organic lawn products 11 Citco Fund Services Mecklenburg New Financial Services 258 Clearwater Paper Corp. Cleveland New Mfg-Paper goods 250
  • 8. BY THE NUMBERS Charlotte USA Business Activity: Announced Investments, Layoffs & Closures New or Added Company County Expanded Type Jobs June-10 continued Jo-Mar Spinning Gaston New Mfg-Yarn spinning 100 Ilmore Marine LLC Iredell Expansion Mfg-boat engines 15 Hydac International Lincoln New Mfg-hydraulic parts 40 Pamlico Mecklenburg Expansion Financial services 35 Peak Resources Gaston Expansion HQ/Health care N/A Gayle’s Aerospace Parts Mecklenburg New Whlsl: Transp equip 12 Atlantic Packaging Mecklenburg Expansion Paper/packaging 75 c5insight Mecklenburg Expansion Consulting 13 Pro Pac Mecklenburg New Packaging service 250 Coalogix Regeneration Mecklenburg Expansion Mfg 9 Hoffman’s and Hoffman’s Mecklenburg Expansion Mfg 18 V-Bio Inc Mecklenburg New Healthcare/Research N/A July-10 Freightliner Rowan Recall Mfg - automotive 280 Edgen Murray Mecklenburg Expansion Energy - steel fittings 13 Quicken Loans Mecklenburg Expansion Financial Services 100 Pulcra Chemicals LLC York (frm Meck) Expansion HQ/Chem mfg 15 Lucky County, Inc Lincoln Expansion Mfg - candy 3 August-10 Norandal USA Rowan Expansion Mfg- metal 25 Boral Composites, Inc Rowan Expansion Construction - green 25 Advisors Asset Management Mecklenburg Expansion Financial services 15 Supermetal Structures York New Mfg-steel 125 Wells Fargo Mecklenburg Expansion Financial Services 80 Fifth Third Mecklenburg Expansion Financial Services 25 Zenta Mecklenburg Expansion Financial Services 100 Tyson Foods Inc Union Expansion Food processing 60 Henry Schein Inc Union New Medical device N/A Sompo Japan Insurance Co Mecklenburg Expansion Financial Services 46 ProCal Professional Decals Cabarrus Expansion Motorsport N/A September-10 Lava USA York (frm Gaston) Expansion Mfg - knit fabric 10 Chemetall Foote Corp. Cleveland Expansion Energy-lithium batteries 22 Foundation Financial Mecklenburg Expansion Financial Services 50 ABB Mecklenburg New Energy - cables 100 ImageMark Business Services, Inc Gaston Expansion Business Services 15 Schaeffler Group USA Chesterfield Expansion Mfg - auto parts 70 DNP IMS America Corp (Dai Nippon) Cabarrus Expansion Printing technology 37 Siemens Energy Inc Mecklenburg Expansion Energy - nuclear group 50 CapitalSouth Partners Mecklenburg Expansion Financial Serivces 6 ISIS Find Services Mecklenburg New Financial Services N/A
  • 9. BY THE NUMBERS Charlotte USA Business Activity: Announced Investments, Layoffs & Closures New or Added Company County Expanded Type Jobs October-10 Tree.com Inc. Mecklenburg Expansion Technology/financial 75 Bank of America Mecklenburg Expansion Financial Services N/A Li-Ion Motors Corp. Iredell Expansion Mfg- Electric auto 600 Spectrum Discovery Center Cabarrus Expansion Business services 15 (p-t) Saertex USA Mecklenburg Expansion Mfg - composites 178 Winbro Group Technologies York New Mfg-energy 25 BestSweet Inc Iredell Expanion Mfg-food/pharma 0 Calico Coatings Lincoln Expansion Mfg-coatings 2 Herbert Performance Parts Licoln Expansion motorsports - engines 4 FCR Recycling Mecklenburg Expansion Recylcer 100 Horizon Lines Mecklenburg Expansion Shipping 0 Irwin Industrial Tools (rubbermaid) Mecklnburg Expansion Customer service center 15 Bohle America Inc Mecklenburg New NA HQ/distribution 6 Novant Health Cabarrus Expansion Distribution 14 Sperry Van Ness Mecklenburg Expansion Financial services 4 November-10 Infiltrator Systems Rowan New Mfg-drainage systems 36 HOF Textiles Lincoln Expansion Mfg-nonwovens 3 US Airways Mecklenburg Exp/rehire Airline N/A Verian Technologies Lancaster Exp Financial services 20 SPX Corp. Mecklenburg Exp Mfg-pumps/tools 180 Wipro Company Cleveland New Data center 17 FAS Controls Inc. Cleveland Exp Mfg-vehicle components 52 Belk Mecklenburg Exp Retail HQ (IT dept) 75 NGK Ceramics Iredell Exp Mfg-vehicle components 60 Shaw Power Group Mecklenburg Exp Mfg-energy industry 225 Source: Compiled by CRP staff from various news sources, press releases and company announcements
  • 10. BY THE NUMBERS Charlotte USA Business Activity: Announced Investments, Layoffs & Closures Company County Layoff/Closure Type Lost Jobs January-10 Coastal Federal Credit Union Meck/Cabarrus CL Financial Services N/A NASCAR Scene/NASCAR Illustrated Cabarrus Merge Motorsports/Media 18 Haldex Iredell CL Mfg 91 Charlotte Observer Mecklenburg LY Media 25 Glen Raven Iredell LY Textile Mfg 41 The Herald York LY Media 7 Dana Holdings Corp Iredell LY Mfg/engineering 25 Clayton Homes Stanly CL Mfg/Modular Homes 94 February-10 Sun Chemical Corp Mecklenburg CL Mfg-inks and coatings 75 GMAC (Semperian) Mecklenburg LY FS call center-auto 71 Taylored Chemical Products Cleveland CL Chemicals 40 Orthofix International Mecklenburg CL Med device 6 March-10 Maxon Furniture Inc Rowan CL Mfg furniture 132 CommScope Catawba LY Mfg cable 85 AbitibiBowater York LY Paper mill 30 Berry Plastics Corp Mecklenburg CL Mfg packaging 73 Pass Seymour/Legrand Cabarrus LY Mfg/Dist wiring 163 April-10 UTI Integrated Logistics Rowan LY Warehousing/Logistics 53 Carilion Labs Mecklenburg LY Health care 90 Connextions Cabarrus LY Call Center 300-350 Elmer’s Products Iredell LY Distribution 50 May-10 U.S. F1 Mecklenburg CL Motorsports 9 Palm Harbor Homes Stanly CL Mfg/Modular Homes 110 Fast & Lite Union CL Contractor 12 Humana Inc Lancaster LY Health 70 June-10 John Deer Southeast Engineering Center Mecklenburg CL Services 90 Lance Inc Mecklenburg LY Mfg-Snack food 96 July-10 Butler America Various LY Feet maintenance 9 TS Electric Inc Gaston CL Electrical contractor 71 IBM Corp Mecklenburg LY Technology 50 August-10 Caye Home Furnishing Alexander LY Mfg-Furniture 70 Cooper Wiring Devices Mecklenburg CL Mfg/Distrib wire 82
  • 11. BY THE NUMBERS Charlotte USA Business Activity: Announced Investments, Layoffs & Closures Company County Layoff/Closure Type Lost Jobs September-10 Charlotte Observer Mecklenburg LY Newspaper 20 Hickory Printing Group Catawba CL Printing 168 Simonini Builders Inc Mecklenburg CL Home builder 46 Newman Machinery Corp Union CL Mfg-Machinery 15 Automated Solutions LLC Catawba CL Plastic Packaging 12 October-10 Corder Philips Mecklenburg CL Business services 15 Citi Financial York LY Financial Services 45 November-10 Future Foam Inc. Catawba Move Mfg-funiture 65 Hooker Furniter Gaston move to LY Mfg-furniture 26 Catawba Richard Petty Motorsports Cabarrus LY Motorsports team 75 Source: Compiled by CRP staff from various news sources, press releases and company announcements Charlotte Regional Partnership 550 South Caldwell St Suite 760 Charlotte, NC 28202 (704) 347-8942 fax (704) 347-8981 Compiled monthly and posted online www.charlotteusa.com: For questions, contact: Vanessa Goeschl, CEcD, VP Research vgoeschl@charlotteusa.com