banner
Business

Survey: NC businesses optimistic about sales, hiring

Posted April 10, 2012

The first PNC Economic Outlook for North Carolina finds that many businesses plan to add employees and expect to increase sales through the remainder of this year.

However, they also have concerns about inflation.

With North Carolina’s unemployment rate still hovering around double digits, some 20 percent of firms surveyed by PNC say they plan to hire additional workers over the next six months.

Some 6 percent, however, are looking to reduce headcount.

The net 14 percent of firms looking to add workers reflects similar recent surveys from Duke University, UNC-Chapel Hill, and talent management firm Manpower.

An uptick in hiring is based on optimism about the state’s economy. Some 60 percent of businesses are optimistic about growth in North Carolina compared to 46 percent who are hopeful for the national economy.

Overall, owners expect more sales and some 20 percent of them plan to seek loans or lines of credit.

One concern is inflation with 77 percent of the businesses expecting consumer prices to increase. The survey notes that rising gasoline prices is likely stoking those concerns.

The survey is the first conducted by PNC, which recently acquired RBC in Raleigh.

Nationally, PNC reported a level of optimism about the economy not seen since before the recession struck in 2008. PNC has been conducting its survey since 2003.

80 Comments

This story is closed for comments.

Oldest First
View all
  • Ezekiel c23 v19to20 Apr 11, 2012

    Well lookie there toyplane. Boy! You sure showed me. You listed a bunch of documents that are completely irrelevant to your, what we will charitably call, "argument" is, documents that do nothing to to support your claims or position, then you want to try and claim some sort of victory? How funny!

    "The repetitive use of these words are tiresome, montonous, dull, boring."

    Well, I only used those words once, so I am going to assume either that you are a victim of the 30 second attention span that plagues the young, or that what you really find so tiresome is getting smacked around the conversation regularly. Could also be that you are tired of regularly displaying paranoid and delusional behavior.

    "Me thinks I struck a nerve!"

    Perhaps if I gave you any thought at all you might have. As it is the only think you have struck is my sense of humor.

  • Crumps Br0ther Apr 10, 2012

    "- He was unaware that his own brother lives on pennies a day in a hut in Kenya...was unaware that the woman he nominated to be his Chief Performance Officer was a tax cheat."

    *yawn* wake me up when you post something original, or even remotely important, ok?

    but yet you were mad that one of the Supremes didnt know the cornhusker clause had been removed from Obamacare You all made some hay out of that but you cant be bothered that Obama doesnt even know what is going on in his own family? If thats not delusional I dont know what is

  • Crumps Br0ther Apr 10, 2012

    Ezekiel c23 v19to20 P.S. Facts are hard things to ignore.

    But yet he does every day

  • Alert5 Apr 10, 2012

    Ezekiel c23 v19to20

    Just a friendly suggestion please.

    Get your copy of a thesaurus (English version of course, and try to find anorher word for:

    1) delusion - msibelief, aberation, afallacy, etc.

    2) paranoia - fear, mistrust, suspicion, etc.

    The repetitive use of these words are tiresome, montonous, dull, boring.

    Good luck!

  • Alert5 Apr 10, 2012

    Ezekiel c23 v19to20

    "when you begin posting them let me know. so far it's nothing but talking points, rhetoric, and babbling nonsense."

    Me thinks I struck a nerve!

    Again, I think your stand up comedy along with your "laser focused political insight" is astounding, but I beleive if you have a chance to read:

    1) "The Federalist Papers"

    2) "Declaration of the Causes and Necessity of Taking Up Arms (1775"

    3) "Declaration of Independence "

    4) "The Constitution", especially the Commerce clause.

    5) "The Bill of Rights"

    You might stand a chance in a honest debate. Well, probably not, but you'll learn something anyway.

  • Ezekiel c23 v19to20 Apr 10, 2012

    "Facts are hard things to ignore."

    when you begin posting them let me know. so far it's nothing but talking points, rhetoric, and babbling nonsense.

  • Ezekiel c23 v19to20 Apr 10, 2012

    "Can you say "Neville Chamberlain"?"

    Wow! You really are reaching aren't you? I guess honest delusion and paranoia knows no bounds though.

    please, keep going, I'm enjoying the laugh.

  • Alert5 Apr 10, 2012

    Ezekiel c23 v19to20

    P.S. Facts are hard things to ignore.

  • Ezekiel c23 v19to20 Apr 10, 2012

    Y'all have fun watching toyplane there playing with himself while his mind spins conspiracy and nonsense.

  • Alert5 Apr 10, 2012

    Ezekiel c23 v19to20

    Can you say "Neville Chamberlain"?

More...