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Kenan Institute 2024 Grand Challenge: Business Resilience
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Market-Based Solutions to Vital Economic Issues

state and local economies

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Fifth Third Bank and the Kenan Institute of Private Enterprise at UNC Kenan-Flagler Business School have launched Empowering American Cities, a program that delivers local economic information tailored for business leaders looking to grow their operations.

In January, the Kenan Institute released our projected 2024 GDP growth rates for 150 microeconomies across the United States. We anticipate a slowdown in 2024 with almost all our 150 Extended Metropolitan Areas (EMAs) experiencing a deceleration in growth rates and 26 seeing outright contraction. Economic headwinds, however, are felt dissimilarly, and some of the country’s top-performing EMAs will achieve solid growth in 2024. Who are these high achievers?

Stith, a Kenan Institute Distinguished Fellow, will moderate a panel on strategies to build a sustainable workforce pipeline in North Carolina.

The American Growth Project explains why manufacturing remains essential for economic growth and how manufacturing in the U.S. today incorporates both regional shifts and “stickiness” in traditional strongholds.

With economic growth can come growing pains, such as an increased cost of living and displacement of local businesses. An NCGrowth report examines how communities with a large manufacturer can minimize those pains.

Recent infrastructure legislation offers an opportunity to focus on how new projects can increase wealth in communities with the greatest needs and minimize harm to the environment, all while supporting the broader economy.