Professional Documents
Culture Documents
Reynolds
Distinguished
Professor
North Carolina
State
University
October 2018
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THE NATIONAL ECONOMY
DEVASTATING RECESSION
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NORTH CAROLINA ECONOMY
LED BY IN-MIGRATION
TRANSFORMATION OF ECONOMY
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ions) Perc
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COUNTY POPULATION GROWTH 2010-2050
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FOUR SECTORS TO WATCH FOR FUTURE GROWTH
TECHNOLOGY
TOURISM
AGRIBUSINESS
RETIREMENT
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THE REGIONAL ASHEVILLE ECONOMY IS
OUT-PERFORMING BOTH THE US AND NC
2009-2018
Asheville NC US
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GROWTH IN MANUFACTURING IS DUE TO
MORE THAN BREWERIES
BREWERIES: 1400%
MEDICAL INSTRUMENTS: 530%
MOTORS/GENERATORS: 310%
AIRCRAFT ENGINES/PARTS: 150%
PRINTING: 88%
RELAY/INDUSTRIAL CONTROLS: 58%
COMMUNICATION EQUIPMENT: 47%
PLASTICS PACKAGING: 40%
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OPPORTUNITIES FOR THE ASHEVILLE
REGIONAL ECONOMY (I)
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OPPORTUNITIES FOR THE ASHEVILLE
REGIONAL ECONOMY (II)
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STRUCTURAL CHALLENGES
SLOW PRODUCTIVITY
“INVISIBLE” UNEMPLOYMENT
URBAN/RURAL DIVIDE
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QUESTIONS? BUT QUIETLY!
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