Download presentation
Presentation is loading. Please wait.
Published byAlexia McKinney Modified over 9 years ago
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
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.