April 2016 Economic Update

Presented byKenneth Hunter, [email protected]

@kwhunter

ECONOMIC UPDATEApril 2016

Overview

Business Activity Update

Employment Overview

Consumer Sentiment

National Indicators Look Good

Business Growing, Not So Sure on Jobs

What About the Carolinas?

-20

-10

0

10

20

30

40

50

60

70

80

Jan-

10M

ar-1

0

May

-10

Jul-1

0

Sep-

10

Nov-

10

Jan-

11M

ar-1

1

May

-11

Jul-1

1

Sep-

11

Nov-

11

Jan-

12M

ar-1

2

May

-12

Jul-1

2

Sep-

12

Nov-

12

Jan-

13M

ar-1

3

May

-13

Jul-1

3

Sep-

13

Nov-

13

Jan-

14M

ar-1

4

May

-14

Jul-1

4

Sep-

14

Nov-

14

Jan-

15M

ar-1

5

May

-15

Jul-1

5

Sep-

15

Nov-

15

Jan-

16M

ar-1

6

Carolinas Survey of Business Activity - General

Current Expectations

What About the Carolinas?

-20

-10

0

10

20

30

40

50

60

70

Jan-

10M

ar-1

0

May

-10

Jul-1

0

Sep-

10

Nov-

10

Jan-

11M

ar-1

1

May

-11

Jul-1

1

Sep-

11

Nov-

11

Jan-

12M

ar-1

2

May

-12

Jul-1

2

Sep-

12

Nov-

12

Jan-

13M

ar-1

3

May

-13

Jul-1

3

Sep-

13

Nov-

13

Jan-

14M

ar-1

4

May

-14

Jul-1

4

Sep-

14

Nov-

14

Jan-

15M

ar-1

5M

ay-1

5

Jul-1

5

Sep-

15

Nov-

15

Jan-

16M

ar-1

6

Carolinas Survey of Business Activity - Sales

Current Expectations

-20

-10

0

10

20

30

40

50

Jan-

10M

ar-1

0

May

-10

Jul-1

0

Sep-

10

Nov-

10

Jan-

11M

ar-1

1

May

-11

Jul-1

1

Sep-

11

Nov-

11

Jan-

12M

ar-1

2

May

-12

Jul-1

2

Sep-

12

Nov-

12

Jan-

13M

ar-1

3

May

-13

Jul-1

3

Sep-

13

Nov-

13

Jan-

14M

ar-1

4

May

-14

Jul-1

4

Sep-

14

Nov-

14

Jan-

15M

ar-1

5M

ay-1

5

Jul-1

5

Sep-

15

Nov-

15

Jan-

16M

ar-1

6

Carolinas Survey of Business Activity - Employment Count

Current Expectations

Inflation Update (Overall Stable)

Inflation Update (w/o Food & Energy)

Producer Costs Dropping (Oil!)

Market Performance Update

March Brought Recovery

Mortgage Rates Still Under 4%

National Job Market Continues Climb

Hiring Continues Growth, Openings Stable

What About Layoffs?

How’s Unemployment Looking?

Employment for Rocky Mount & NC

Cyclical Behavior (Don’t Panic!)

Consumer Confidence Improving

Next Update – May 4th, 11am Eastern

2016 First Quarter Overview

Regional Comparisons

Government Fiscal Health

Questions?

[email protected]: @kwhunterFacebook: kwhunter

Instagram: kwhuntertn