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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.
Venture Hiking and Adventure Trips Scheduled
Throughout this month, the Venture program is conducting a number of outdoor adventure trips open to the UNC Charlotte and greater communities. Participants can enjoy excursions that range from canoeing to hiking. Experience is not required, and instruction is provided to prepare for trip activities.
Venture trips are led by highly qualified staff members who not only recognize an exciting adventure but facilitate learning from the experience. "The outdoors is a perfect place to expand your comfort zone and grow as a person," said Brian Holcomb, assistant director for Venture trips. "We seek to provide opportunities to practice self-reliance, improve physical fitness, build community and develop skills that facilitate success in the backcountry and in life."