North Carolina: The Future of the Clean Energy and Tech Economy

North Carolina’s Research Triangle Park, and its surrounding region, have grown exponentially over the last half century. This change is driven by a variety of knowledge-based industries that transformed the region into one of the most productive and innovative in the country. Information technology (IT), telecommunications, biotechnology, medicine, and innovative entrepreneurship have all contributed to local and regional economic growth, aided by a steady flow … Continue reading North Carolina: The Future of the Clean Energy and Tech Economy

“A Comeback Short of the Mark:” An Income-Based Approach to Understanding the “Great Recession”

“Unless the discussion of the labor market recovery is connected to the larger matters of income and living standards, it tells an incomplete story.” Unemployment rates are a limited measure, but they are the focus of most economic recovery stories in North Carolina. Through the lens of the changing unemployment rate, one might conclude that North Carolina has experienced a comeback since the “Great Recession,” … Continue reading “A Comeback Short of the Mark:” An Income-Based Approach to Understanding the “Great Recession”