A report from the Boone Chamber of Commerce, offering insight on the local economy, features a summary by Dr. Harry Davis, Appalachian State University Professor of Finance and North Carolina Bankers Association Professor. The report covers the second quarter of 2022.
Unemployment for Watauga County remains low and in fact, remains one of the lowest rates for counties in the state. Tourism and restaurant sales are in full swing. Occupancy tax numbers continue to reflect how strong the tourism season remains for the area.
Employers in North Carolina and the High Country still face a shortage of workers and that labor force disruption combined with the high cost of goods still only moderately dampens a strong summer.
The Boone Chamber aims to connect business and community partners, to enhance opportunities through advocacy and education, and support continued sustainable economic development within our region. Learn more at boonechamber.com.