Wednesday, July 2, 2014
2014 Business Growth in Charlotte
Economic growth is on the up-tick in North Carolina, particularly in the Charlotte Metro area. According to an article published by the Charlotte Observer, employment gain is the strongest in NC and new home construction is on the rise as well. This is likely due to the influx of new businesses moving into the area in 2013 and 2014 with other businesses projected to start up or move to the Charlotte Metro area in the coming months. With new businesses come more jobs. Per the Economic Forecast published by Babson Capital/UNC Charlotte, the economic sectors in North Carolina that are forecasted to experience the largest expected growth in 2014 are agriculture, mining, transportation, warehousing, utilities, hospitality and leisure.
Businesses require Charlotte business insurance for the protection of commercial assets and liabilities as well as the need for employee benefits to ensure a happy, healthy workforce. Senn Dunn professionals are knowledgeable and experienced in the same businesses projected to boom this coming year: small business, transportation, warehousing, hospitality, and technology.