In 2021, the Charlotte Region saw a total of 103 announcements, which represents more than 9,000 jobs and $3.2 billion in capital investment. For the fourth quarter, there were 26 total announcements that represented more than 1,600 jobs and $364.9 million in capital investment.
The largest announcement occurred in Cabarrus County from a joint project with Kroger Co. and the Ocado Group, which represents more than 700 jobs and $142 million in capital investment.
The region added more than 11,000 jobs in the fourth quarter and outpaced the nation in sectors including trade, transportation and utilities, education and health services. With the omicron variant, uncertainty continued to increase while hiring slowed. Even so, the Charlotte Region has shown signs that the economy is slowly recovering as companies add additional jobs and people re-enter the labor force.
For a deeper dive into the Q4-2021 Growth Report, click here.
