Economic Commentary

Despite Challenges, Charlotte Finds A Way To Grow

Tue, Jun 24 2008, 14:27 GMT
by Mark Vitner

Wachovia


Charlotte is one of only a handful of medium-sized metropolitan areas to break into the ranks of first tier markets during the past decade. Solid population growth, a well diversified economy, generally good governance and an enviable quality of life have moved Charlotte forward. The metro area is often ranked as one of the best places to do business, raise a family, find a job, or start a new company. Most recently, Charlotte attracted a great deal of attention for being the lone metro area in the S&P/Case-Shiller 20-City Home Price Index to post a year-to-year increase.

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