BOONE—Western North Carolina’s economy grew only 0.1 percent in October, and while the growth was slight, it marks the third consecutive monthly increase. The activity is measured in the Western North Carolina Economic Index compiled at Appalachian State University. The index tracks the level of economic activity in 25 western North Carolina counties.
BOONE – On Appalachian State University’s cable television program, “Appalachian Perspective,” (see video clip) Dr. Todd Cherry, director of Appalachian’s Center for Economic Research & Policy Analysis, discusses how the center has brought together areas of experimental economics, public finance, and energy and the environment to allow broader economic research for the State of North Carolina, specifically Western North Carolina.
BOONE—Western North Carolina’s economic activity increased 0.9 percent in August, the largest increase since July 2007. The increase follows three months of declines that totaled 0.6 percent, but as in past months, the Western North Carolina Economic Index paints a mixed picture of the region’s recovery from the recent recession.
BOONE—Western North Carolina’s economic activity, as measured by the Western North Carolina Economic Index, fell 0.3 percent in July. The index, which tracks the level of economic activity in 25 western North Carolina counties, registered 98.8 in July. This marks the third consecutive monthly decline, which last occurred during the first quarter of 2009.