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Yellen stands by Fed’s low interest rate policies (access required)

WASHINGTON  — Janet Yellen said Thursday that the U.S. economy has regained ground lost to Great Recession but still needs the Federal Reserve’s support because unemployment remains too high at 7.3 percent. Yellen made those comments in testimony to the ...

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Deconstructing economic theory (access required)

Traditional economic theory says people follow jobs. In the Queen City over the last four to five years, however, jobs have either decreased or remained relatively stagnant while the city continues to attract migrants, said Bill Graves, assistant professor of economic geography at the University of North Carolina at Charlotte.

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Demand for houses continues to rise, despite higher unemployment (access required)

Demand for houses continues to rise, despite higher unemployment <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/10/lock1.png" border=0/></span>

Builders built a lot more new houses. Builders sold a lot more new houses. Builders are getting ready to build even more new houses. In fact, the Charlotte metro area now ranks ninth among the country’s 381 metropolitan statistical areas in the number of single-family detached building permits issued this year.

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