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Posts tagged “Harry Davis”

January 2

Premium Lock Economy 2014: More growth but lingering unemployment 'well above' 7%

Analysis: The U.S. economy is stuck in a rut and will continue to disappoint for several more quarters. GDP growth is having a hard time even growing 2 percent a year which leaves the unemployment rate well above 7 percent, predicts Dr. Harry Davis, the economist for the North Carolina Bankers Association.

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September 30, 2010

Premium Lock Recession’s lingering pain: Will we experience a ‘double dip?’

State of the economy Analysis: The numbers are as bad as they will get and will improve from here. We should avoid a double dip recession. Unfortunately, the economy continues to bounce along the bottom with little growth expected before next year.

September 8, 2010

Premium Lock Recession’s pain: Now it’s the public sector’s turn

Recovery Analysis: The private sector has taken most of the brunt of the recession so far. Now the public sector will be hit very hard as tax revenues fail to meet projections. State, county, and local governments across this state and the nation will suffer and have to make significant budget cuts.

April 5, 2010

Premium Lock Recession’s next hit: Now it’s the public sectors turn

Economy still struggles Analysis: The private sector has taken most of the brunt of the recession so far. Now the public sector will be hit very hard as tax revenues fail to meet projections. State, county, and local governments across this state and the nation will suffer and have to make significant budget cuts.

Updated July 24, 2009

Premium Lock Economic rebound? Expect a slow one, plus 12% unemployment in N.C.

Reocvery will be slow, economist says Analysis: The recovery from the current recession will be slower but some growth will begin this quarter, says N.C. Bankers Association economist Harry Davis. However, N.C. unemployment will continue to increase.

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