Presentation is loading. Please wait.

Presentation is loading. Please wait.

The “Future” Economy is Now North Carolina Local Government Budget Association John Silvia, Chief Economist December 7, 2006.

Similar presentations


Presentation on theme: "The “Future” Economy is Now North Carolina Local Government Budget Association John Silvia, Chief Economist December 7, 2006."— Presentation transcript:

1 The “Future” Economy is Now North Carolina Local Government Budget Association John Silvia, Chief Economist December 7, 2006

2 2 | Wachovia Economics www.wachovia.com/economi cs I. National Economic Growth Five Key National Economic Questions – What is your outlook for: > Growth? > Inflation? > Interest Rates? > Profits? > Dollar?

3 3 | Wachovia Economics www.wachovia.com/economi cs

4 4

5 5

6 6 II. Regional Factors > Labor > Capital > Entrepreneurship > Technology

7 7 | Wachovia Economics www.wachovia.com/economi cs

8 8

9 9 Excess Demand > Finance > Professional & Business Services > Education > Healthcare Excess Supply > Manufacturing

10 10 | Wachovia Economics www.wachovia.com/economi cs

11 11 | Wachovia Economics www.wachovia.com/economi cs

12 12 | Wachovia Economics www.wachovia.com/economi cs

13 13 | Wachovia Economics www.wachovia.com/economi cs

14 14 | Wachovia Economics www.wachovia.com/economi cs

15 15 | Wachovia Economics www.wachovia.com/economi cs Key Regional Issues – Structural Change – Education – Demographics – Comparative Advantage at National Level

16 16 | Wachovia Economics www.wachovia.com/economi cs

17 17 | Wachovia Economics www.wachovia.com/economi cs

18 18 | Wachovia Economics www.wachovia.com/economi cs

19 19 | Wachovia Economics www.wachovia.com/economi cs

20 20 | Wachovia Economics www.wachovia.com/economi cs

21 21 | Wachovia Economics www.wachovia.com/economi cs Seven Sisters: Comparative Advantage – Biotech > Triad, Greenville, Raleigh – Banking and Finance and Professional & Business Services > Charlotte – Leisure & Hospitality > Asheville and Wilmington – Instruments, Capital Goods & Auto Parts – Education & Health > Raleigh – Furniture > Central Piedmont West of I-85 – Textiles > Central Piedmont West of I-85

22 22 | Wachovia Economics www.wachovia.com/economi cs Three Levels of Separation > Macro > Micro > Rural – Not > Mountains > Piedmont > Coastal

23 23 | Wachovia Economics www.wachovia.com/economi cs III. Inflation & Monetary Policy – Labor Markets – Energy – Market Expectations – Outlook – Core Still Above Target

24 24 | Wachovia Economics www.wachovia.com/economi cs

25 25 | Wachovia Economics www.wachovia.com/economi cs

26 26 | Wachovia Economics www.wachovia.com/economi cs

27 27 | Wachovia Economics www.wachovia.com/economi cs

28 28 | Wachovia Economics www.wachovia.com/economi cs

29 29 | Wachovia Economics www.wachovia.com/economi cs

30 30 | Wachovia Economics www.wachovia.com/economi cs IV. Demographics and Fiscal Policy – Entitlements – Demographics – Migration Patterns

31 31 | Wachovia Economics www.wachovia.com/economi cs

32 32 | Wachovia Economics www.wachovia.com/economi cs

33 33 | Wachovia Economics www.wachovia.com/economi cs

34 34 | Wachovia Economics www.wachovia.com/economi cs

35 35 | Wachovia Economics www.wachovia.com/economi cs

36 36 | Wachovia Economics www.wachovia.com/economi cs

37 37 | Wachovia Economics www.wachovia.com/economi cs

38 38 | Wachovia Economics www.wachovia.com/economi cs

39 39 | Wachovia Economics www.wachovia.com/economi cs

40 40 | Wachovia Economics www.wachovia.com/economi cs

41 41 | Wachovia Economics www.wachovia.com/economi cs

42 42 | Wachovia Economics www.wachovia.com/economi cs V. Globalization – Dollar > Growth Abroad > Capital Flows

43 43 | Wachovia Economics www.wachovia.com/economi cs

44 44 | Wachovia Economics www.wachovia.com/economi cs

45 45 | Wachovia Economics www.wachovia.com/economi cs

46 46 | Wachovia Economics www.wachovia.com/economi cs

47 47 | Wachovia Economics www.wachovia.com/economi cs www.wachovia.com/economics

48 48 | Wachovia Economics www.wachovia.com/economi cs Wachovia Economics


Download ppt "The “Future” Economy is Now North Carolina Local Government Budget Association John Silvia, Chief Economist December 7, 2006."

Similar presentations


Ads by Google