Saturday, May 06, 2006

Wilmington, NC Area Economic Housing Market Outlook

Area Economic Outlook "stellar"
Housing market, Full Employment amoung Highs for Southern N.C.
WilmingtonStarNews

"Housing bubble? Not here. Unemployment? Not a Problem. Ray Owens, a Fed economist, addressed business and political leaders Thursday at the annual economic sponsered by RSM McGladrey, The Greater Wilmington Chamber of Commerce and the Committee of 100. The senior economist with the Federal Reserve Bank of Richmond recapped 2005 and laid out the economic picture for 2006 before a full house. Owens told the invitation-only crowd that "2006 looks stellar."