Positve News | 8th Annual Economic Outlook Conference UNCW | Wilmington NC real estate

UNCW economists say that Wilmington may outperform state, nation | Business | South College News.

The 8th Annual Economic Outlook Conference was held at UNCW today and the news is generally positive for the Wilmington NC Tri County area. According to WECT, the economists said that New Hanover, Pender and Brunswick Counties are forecast to grow 2.2% in 2012 slightly ahead of the NC forecast of 1.7% and the nation forecast of 1.6%.

The announcement was made by “William Hall — a professor of economics and senior economist with the Swain Center for Business and Economic Services in UNCW’s Cameron School of Business—announced the predictions along with collaboration from Ravija Badarinathi — a professor of statistics in the UNCW Department of Information Systems and Operations Management.” per WECT.

Residental real estate has been stabalizing and the the retail sales have come back and continue to grow.  For a full report on the Economic Outlook, please read more here…  Page 30 will be the start of the local Wilmington NC statistics. 

Thank you for your time and effort in putting on this conference UNCW and all the sponsors.  Good news for our area.