Policy Points

30.12.2009 Policy Points Comments Off on Editor’s Note

Editor’s Note

Between December 31 and January 4, Policy Points will be on hiatus for the New Year’s holiday. Regular posting will resume on January 5.

Thank you for your interest in the blog.

30.12.2009 Policy Points Comments Off on Around the Dial – Dec. 30

Around the Dial – Dec. 30

Economic policy reports, blog postings, and media stories of interest:

30.12.2009 Policy Points Comments Off on State Population Growth

State Population Growth

graph2New estimates compiled by the U.S. Census Bureau show that net domestic migration slowed across much of the United States between July 1, 2008 and July 1, 2009. Over that period, Texas gained the most people in numerical terms (+478,000), followed by California (+381,000), North Carolina (+134,000), and Georgia (+131,000). In relative terms, Wyoming’s population grew the fastest (+2.12 percent), followed by Utah’s (+2.10 percent), and Texas’  (+1.97 percent) populations. (See map, right).

The 134,000 residents gained by North Carolina bring the state’s total population to 9.4 million. According to a report in The News & Observer, North Carolina is now the nation’s 10th most-populous state. Since 2000, North Carolina has gained over one million new residents and has seen its population grow at a rate faster than those recorded in all but seven other states. However, owing in large part to the recession, North Carolina did not grow as robustly last year as it has in recent ones.

29.12.2009 Policy Points Comments Off on Around the Dial – Dec. 29

Around the Dial – Dec. 29

Economic policy reports, blog postings, and media stories of interest:

29.12.2009 In the News, Policy Points Comments Off on NC’s Economy: 2009 in Review

NC’s Economy: 2009 in Review

In a recent cover story, The Asheville (N.C.) Citizen-Times reviewed the economic trends that buffeted North Carolina, especially its western region, during 2009 and asked what 2010 might hold for businesses, individuals, and communities. Along with other experts, the piece featured the perspective of South by North Strategies’  John Quinterno.

Said the article about the strength of an economic recovery:

“Unfortunately, although there have been signs of improvement in the economy, no one can say with complete confidence just when the bad times will end — or what the ‘new normal’ on the other side of the recession will be.

‘Talk of an economic recovery is exaggerated,’ said John Quinterno, head of South by North Strategies, an economic research and communications firm based in Chapel Hill. ‘I do think conditions are better than they were six months ago or a year ago. That’s not really saying much.’

And said the article about the current state of the labor market:

The figures understate the ills in the local job market as some people are not counted as unemployed because they have simply given up looking for work.

They also don’t reveal the psychological impact joblessness has on people in a culture in which, according to Quinterno, people tend to view being unemployed as the fault of an individual rather than reflective of problems in the economy as a whole.

Being without work ‘goes to people’s self-worth and dignity,” Quinterno said. ‘It’s nonmonetary, but it has a huge, devastating impact on people.’