From Bank Town to Auto Town?

You may know that the U.S. automotive manufacturing industry has shifted to the southeastern USA. But did you know that the Charlotte region is benefiting greatly from this trend? According to research from the Charlotte Regional Business Alliance, more than 63,000 people work in automotive sectors in our region (more than Greenville, SC and more than most of Charlotte’s peer cities).  Over the past two years, 20 automotive-related companies have announced plans to locate or expand in the region, adding a total of nearly 1,300 jobs. Learn more here.


Charlotte Regional Job and Population Growth Remain on the Rise

The boom continues!  The Charlotte Regional Business Alliance has released its Q1, 2019 “Growth Report” and the numbers continue to show economic strength across the region.  Among the first quarter highlights featured in the latest report:

  • Net New Jobs in Q1:  8,065
  • Announced Expansion or Relocation Projects:  25
  • Announced New Capital Investment:  $93.6M
  • Industry Sector with Highest Growth Rate in Hiring:  Transportation & Logistics