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I-26 Corridor Summit
May 9, 2013
Steady Growth:
Community at the Crossroads
Access-Eastern U.S. Markets
Source: Economic Development Coalition
Access-Eastern U.S. Markets
County Population 2011
1 Buncombe 241,786
2 Henderson 108,371
3 Burke 91,107
4 Caldwell 83,185
5 Wilkes 69,474
6 Rutherfor...
Population Growth
Source: NC Department of Commerce
11%
5.2%
Annual Population Growth
Source: NC Department of Commerce
Migration Map
Buncombe County, North Carolina
Source: Forbes.com
Migration Map
Wayne County (Detroit), Michigan
Source: Forbes.com
• 50% net increase in daytime population change
due to commuting, or an estimated 41,000 people
• 85% of workers commute b...
• Of nearly 468,000 workers,
32.4% travel 25 or more
minutes to get to their place
of work
Commuting Time
Source: NC Depar...
Asheville Metro Labor Shed
Source: US Census Bureau
Steady Growth:
Commerce at the Crossroads
Asheville Metro GDP
Source: US Bureau of Economic Analysis
9%
18%
Major Employers (1000+)
Company County
1 Mission Health System Buncombe
2 Buncombe County Board of Ed Buncombe
3 Ingles Ma...
Asheville Metro Business Locations
Companies with 50+ employees and manufacturers with 5+ employees
Source: Economic Devel...
Asheville Metro Business Locations
Manufacturers with 5+ employees
Source: Economic Development Coalition
Freight / Container Traffic
• Western North Carolina Manufacturers export 10,250+ TEU’s
or twenty-foot-equivalent containe...
WNC Transportation Alliance
Connecting 40+ Manufacturers from across WNC and Eastern Tennessee
• Intra-Company, interstate...
• Buncombe County ranks 5th in the state for
visitor spending, attracting $783 million in
spending that generated $65 mill...
• Visitor spending has increased
70% since 2001
• More than 1.5 million hotel
rooms are sold annually, with
room revenue i...
Asheville Metro Employment
(employment in thousands)
• March 2013 Asheville
Metro total, non-farm
employment jumped
3.6% (...
Manufacturing Employment
Source: US Bureau of Labor Statistics
WNC Jan 2013 Employment 467,622
WNC Jan 2013 Unemployment 56,404
WNC Jan 2013 Unemployment Rate 10.8%
AMSA Mar 2013 Unempl...
2012 Announcements
Western Region: $500M investments & 2,555 new jobs
Source: NC Department of Commerce
 Geography
Western Regional Differentiators
 Workforce
 Infrastructure
 Vision
For more information please contact:
Clark Duncan, EDC Director of Marketing
Heidi Reiber, EDC Director of Research
www.as...
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Asheville area economic data

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Some great information about the Asheville area in regard to economic development.

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Asheville area economic data

  1. 1. I-26 Corridor Summit May 9, 2013
  2. 2. Steady Growth: Community at the Crossroads
  3. 3. Access-Eastern U.S. Markets Source: Economic Development Coalition
  4. 4. Access-Eastern U.S. Markets
  5. 5. County Population 2011 1 Buncombe 241,786 2 Henderson 108,371 3 Burke 91,107 4 Caldwell 83,185 5 Wilkes 69,474 6 Rutherford 68,018 7 Haywood 59,484 8 Watauga 52,004 9 McDowell 45,305 10 Jackson 40,848 23.1% 11.8% 11.7% 13.4% 14.6% 25.5% Percent of Population by Age Group 0-19 20-29 30-39 40-49 50-59 60+ Population Estimates WNC Home to Over 1.1M Residents Source: NC Department of Commerce
  6. 6. Population Growth Source: NC Department of Commerce 11% 5.2%
  7. 7. Annual Population Growth Source: NC Department of Commerce
  8. 8. Migration Map Buncombe County, North Carolina Source: Forbes.com
  9. 9. Migration Map Wayne County (Detroit), Michigan Source: Forbes.com
  10. 10. • 50% net increase in daytime population change due to commuting, or an estimated 41,000 people • 85% of workers commute by car, truck, or van as means of transportation to work Daytime Population: Asheville City Source: US Census Bureau
  11. 11. • Of nearly 468,000 workers, 32.4% travel 25 or more minutes to get to their place of work Commuting Time Source: NC Department of Commerce
  12. 12. Asheville Metro Labor Shed Source: US Census Bureau
  13. 13. Steady Growth: Commerce at the Crossroads
  14. 14. Asheville Metro GDP Source: US Bureau of Economic Analysis 9% 18%
  15. 15. Major Employers (1000+) Company County 1 Mission Health System Buncombe 2 Buncombe County Board of Ed Buncombe 3 Ingles Markets Buncombe 4 Veterans Administration Buncombe 5 County of Buncombe Buncombe 6 Wal-Mart Associates Buncombe 7 City of Asheville Buncombe 8 The Biltmore Co Buncombe 9 A-B Technical CC Buncombe 10 NC Dept of Health & Human Svcs Burke 11 Burke County Public Schools Burke 12 Caldwell County Schools Caldwell 13 Merchants Distributors Caldwell 14 Haywood County Schools Haywood Company County 15 Blue Ridge Paper Products Haywood 16 Henderson Co Board of Public Ed Henderson 17 Margaret R Pardee Memorial Hospital Henderson 18 Park Ridge Health Henderson 19 Western Carolina University Jackson 20 Baxter Healthcare Corp McDowell 21 McDowell County Schools McDowell 22 Rutherford County Schools Rutherford 23 Eastern Band of Cherokee Indians Swain 24 Appalachian State University Watauga 25 Appalachian Regional Healthcare Sys Watauga 26 Tyson Farms Wilkes 27 Lowe’s Companies Inc Wilkes 28 Wilkes County Board of Education Wilkes Western North Carolina Source: NC Department of Commerce
  16. 16. Asheville Metro Business Locations Companies with 50+ employees and manufacturers with 5+ employees Source: Economic Development Coalition
  17. 17. Asheville Metro Business Locations Manufacturers with 5+ employees Source: Economic Development Coalition
  18. 18. Freight / Container Traffic • Western North Carolina Manufacturers export 10,250+ TEU’s or twenty-foot-equivalent container units, annually (2009). • 94% of WNC freight travels to Southern ports Source: Western Carolina University WNC Inland Port Feasibility Study, 2008
  19. 19. WNC Transportation Alliance Connecting 40+ Manufacturers from across WNC and Eastern Tennessee • Intra-Company, interstate lane-sharing partnerships eliminate ‘empty miles’, saving fuel, $$ and emissions • Annualized Savings for one participating company: 607,000 miles 86,700 gallons / diesel 900 tons / carbon $285,350.00
  20. 20. • Buncombe County ranks 5th in the state for visitor spending, attracting $783 million in spending that generated $65 million in tax revenue Tourism Driving Growth Source: Asheville Convention and Visitors Bureau
  21. 21. • Visitor spending has increased 70% since 2001 • More than 1.5 million hotel rooms are sold annually, with room revenue increasing 9% per year for the last 3 years. • 750+ new rooms since 2007 Tourism Driving Growth Source: Asheville Convention and Visitors Bureau
  22. 22. Asheville Metro Employment (employment in thousands) • March 2013 Asheville Metro total, non-farm employment jumped 3.6% (Y-Y) and had the largest percent growth rate of the state metros January, February, and March (Y-Y) Source: US Bureau of Labor Statistics
  23. 23. Manufacturing Employment Source: US Bureau of Labor Statistics
  24. 24. WNC Jan 2013 Employment 467,622 WNC Jan 2013 Unemployment 56,404 WNC Jan 2013 Unemployment Rate 10.8% AMSA Mar 2013 Unemployment Rate 7.2% Employment and Income Source: NC Department of Commerce 12% 11%
  25. 25. 2012 Announcements Western Region: $500M investments & 2,555 new jobs Source: NC Department of Commerce
  26. 26.  Geography Western Regional Differentiators  Workforce  Infrastructure  Vision
  27. 27. For more information please contact: Clark Duncan, EDC Director of Marketing Heidi Reiber, EDC Director of Research www.ashevillechamber.org

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