NC Economy Continues to Improve

According to the monthly “Snapshot” provided by the Federal Reserve Bank of Richmond, “North Carolina’s economy strengthened” as the summer wound down. Anecdotal accounts support the Fed’s finding that residential housing construction continues boom in most, but not all of the state. Construction employment also remains strong while the overall unemployment rate continues to fall.  Good news for North Carolinians all in all.  See the full report here:  https://www.richmondfed.org/~/media/richmondfedorg/research/regional_economy/reports/snapshot/pdf/snapshot_nc.pdf