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Connaughton Predicts Sluggish Growth in 2015

Economic growth in North Carolina is expected to grow at a sluggish pace in 2015 with no significant growth expected for the remainder of 2014, UNC Charlotte economist John Connaughton recently reported in his quarterly forecast for the state.

According to Connaughton, N.C. Gross State Product (GSP) is expected to reach a level of $482,911.70 million in 2014, a real (inflation-adjusted) increase of 1.5 percent over the 2013 level. This growth forecast in 2014 would follow two years of modest GSP increase in North Carolina. For 2015, Connaughton expects the state economy to increase by an inflation-adjusted rate of 2.1 percent.

Connaughton presented his quarterly forecast to members of the Charlotte business community and the media at a luncheon held at UNC Charlotte Center City. The forecast is funded by Babson Capital Management LLC.

Literary Festival Scheduled for Oct. 17 - 18

The second annual Center City Literary Festival will take place on October 17 and 18 at UNC Charlotte Center City. This festival showcases authors and performers associated with UNC Charlotte and is sponsored by UNC Charlotte Center City and the Department of English in the College of Liberal Arts & Sciences.

Planned events include activities for both adults and children. Adults will want to mark their calendars for 6:00 PM on Oct. 17 to hear a reading from Violins of Hope by author James A. Grymes. Violinists will also perform in conjunction with this reading. Other writers who will participate include poet Christopher Davis, mystery novelist Mark de Castrique, essayist Sandra Govan, and poet Grace Ocasio. Several of the participants are contributors to the just released book, 27 Views of Charlotte: The Queen City in Prose and Poetry, and these participants will read from their contributions to this collection. The evening will close with a book signing during which the folk music group the Kollard Kings will perform bluegrass music.

On Saturday, Oct. 18, hand-on activities for children will focus on literature, art, theater and music. Click here for more information about the event.