Sept. 5, 2023 – Advisory: North Carolina Economic Forecast set for Thursday, Sept. 7
MEDIA ADVISORY:
North Carolina Economic Forecast set for Thursday, Sept. 7
What: John Connaughton, professor of financial economics for UNC Charlotte’s Belk College of Business, will release the “North Carolina Economic Forecast Third Quarter Report” during a virtual presentation.
When/Where: Noon-1 p.m. on Thursday, Sept. 7, via Zoom webinar. Registration is available at belkcollege.charlotte.edu/forecast.
About: The economy continues to expand, consumers keep spending, and labor markets remain tight. While the Federal Reserve holds firm on increased interest rates to control inflation, fiscal policy deficit spending is stimulating the economy. The outcome of these conflicting federal policies could determine whether the U.S. will slip into a mild recession or see a return of inflation in the coming months.
Professor Connaughton will break down the latest numbers as he releases the “North Carolina Economic Forecast Third Quarter Report” with a live presentation and Q&A. The presentation will be presented via Zoom webinar and is free and open to the public.
The presentation detail:
- The current state of North Carolina’s economy and outlook for the state’s employment and output for the remainder of 2023.
- A look at the top sectors.
- What to watch for the remainder of this year.
- A look ahead to 2024.
Under Connaughton’s direction, the North Carolina Economic Forecast has provided invaluable economic data for North Carolina for over 40 years. The North Carolina Economic Forecast is supported by LPL Financial.
Media Information: Media are asked to register for the virtual event at belkcollege.charlotte.edu/forecast. All media who register prior to the event will receive a link to the presentation. Professor Connaughton will be available for interviews virtually following the presentation. The Belk College of Business will live tweet from the Forecast through its Twitter page (@CLTBelkCollege) with #NCForecast.
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