CHAPEL HILL, N.C., July 8 -- The University of North Carolina at Chapel Hill issued the following news release:
The North Carolina General Assembly has allocated $3 million to support the North Carolina Economic Forecasting Initiative (NCEFI). These funds, appropriated from the 2026-27 state budget, will establish the state's central clearinghouse of economic forecasting within the Kenan Institute of Private Enterprise at the University of North Carolina Kenan-Flagler Business School.
The initiative will provide both real-time assessments of current economic conditions (nowcasts) and forward-looking forecasts to North Carolina policymakers, businesses, community colleges, economic developers and other stakeholders. By combining timely mea...