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North Carolina Economic Indicators Ease in May
Based on NC Research Institute data, May 1954 shows a modest decline in business activity from a year earlier, with bank debits, employment, state revenue, and retail sales lower. Despite statewide softness, Columbus County bucked the trend with a 4 percent rise in retail tax receipts to 32337. Unemployment remains higher than last year, though total nonagricultural employment sits near a million, hinting at continued buying power and a projected 1954 retail total above 3 billion.
MENTIONED IN THIS ARTICLE
Felix A .Grisette
North Carolina Research Institute
North Carolina
North Caroolina
Columbus
State Department of Labor
State Employment Security Commission
Lumberton
Employment Security Commission
Columbus County
United States
Richmond
Federal Reserve District
North Carolin
Asheboro
Charlotte
Durahin
Greensboro
Kinston
Winston-Salem
Asheville
Burlington
Jamington
Wilson