+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

City Profile - Charlotte; Comprehensive Overview of the City, Pest Analysis and Analysis of Key Industries Including Technology, Tourism and Hospitality, Construction and Retail

  • PDF Icon

    Country Profile

  • 33 Pages
  • December 2023
  • Region: Global
  • MarketLine
  • ID: 5970634
“City Profile - Charlotte” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Charlotte.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Charlotte metropolitan area, located in the North Carolina state is third financial hub in the US, after New York and San Francisco. The economy of the area is mainly dominated by the tertiary sector with 83.2% contribution to the total GDP in 2022. The Charlotte metropolitan area's economy has slowed due to a sharp rise in interest rates by the Federal Reserve to combat inflation. While the economy faces the threat of recession in H2 2023, certain sectors including information, retail trade, educational and health services, leisure and hospitality, mining, and business services are anticipated to see notable increases in output levels during this time

Scope

  • The service sector remains the key contributor to the regional economy and the major employer, behind healthcare, government and professional services in 2022
  • Growing construction activities in the Charlotte metropolitan area, driven by increased demand for industrial infrastructure, have resulted in expanded job opportunities. However, the construction sector experienced stagnation in Q3 2023, likely due to economic uncertainty caused by high financing costs. Despite this, the industrial sector continues to expand, along with improvements in infrastructure, energy, and utilities, although the residential sector has seen a downturn.

Reasons to Buy

  • Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
  • Analyze and understand the business environment in the city to align your investment and expansion strategies.
  • The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
  • Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

1. City Snapshot
2. PEST Analysis
2.1 Political
2.2 Economic
2.3 Social
3. Technology and Infrastructure
3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
4. Business Environment Analysis
5. Travel and Tourism
5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events
6. Construction and Real Estate
6.1 Investment
6.2 Real Estate Market
7. Retail
7.1 Retail Market
7.2 Consumption, Income and Prices
  • About the Publisher
  • Contact the Publisher
List of Tables
Table 1: Charlotte metropolitan area - key facts (estimates), 2022
Table 2: Charlotte metropolitan area- real GDP and real GDP growth, 2000-30
Table 3: Charlotte metropolitan area- economic growth comparison (Index 2010=100), 2000-30
Table 4: Charlotte metropolitan area- GDP per capita comparison, 2000-30 ($)
Table 5: Charlotte metropolitan area- employment structure, 2000-30 (% of total)
Table 6: Charlotte metropolitan area - population comparison, 2000-30 (million)
Table 7: Charlotte metropolitan area - population by age, 2000-30 (% of total)
Table 8: Charlotte metropolitan area - transport indicators, 2022
Table 9: Charlotte metropolitan area - Charlotte Douglas International Airport’s key indicators, 2018-23*
Table 10: Charlotte metropolitan area - MICE and other events
List of Figures
Figure 1: Charlotte metropolitan area- real GDP and real GDP growth, 2000-30
Figure 2: Charlotte metropolitan area- economic growth comparison (Index 2010=100), 2000-30
Figure 3: Charlotte metropolitan area- GDP per capita comparison, 2000-30
Figure 4: Charlotte metropolitan area- employment structure, 2000-30 (% of total)
Figure 5: Charlotte metropolitan area - population comparison, 2000-30
Figure 6: Charlotte metropolitan area - population by age, 2000-30 (% of total)