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Rick Niswander, vice chancellor for finance and administration at East Carolina University, points to a graph showing the effect of the recession and the rate of recovery in Pitt County's economy during a luncheon at the City Hotlel and Bistro on Monday. (Rhett Butler/The Daily Reflector)
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Rick Niswander, vice chancellor for finance and administration at East Carolina University, points to a graph showing the effect of the recession and the rate of recovery in Pitt County's economy during a luncheon at the City Hotlel and Bistro on Monday. (Rhett Butler/The Daily Reflector)

Economist: Recovery nearly complete

“For decades, there has been a consistent relationship between the level of education and unemployment rates. The more education a region’s people have, the lower the unemployment rate will be. There are no exceptions to that rule.”


Rick Niswander
vice chancellor for administration and finance at East Carolina University

By Michael Abramowitz

The Daily Reflector

1 Comment | Leave a Comment


Eastern North Carolina, along with the state and the rest of the nation, is nearly fully recovered from the recession of 2009, but education will be the key to real economic growth, an ECU economist said Monday.

“With a couple of exceptions, virtually every national economic indicator has fully recovered or is clearly and convincingly recovering,” Rick Niswander, vice chancellor for administration and finance at East Carolina University, said Monday at the Greenville-Pitt County Chamber of Commerce’s Economic Forecast Luncheon.


Per-capita income in North Carolina and the Greenville Metropolitan Service Area (Pitt and Greene counties) is above where it was at the start of the recession but below the national average, Niswander said.

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Finally good news on the

Finally good news on the economic and the financial side. The business owners must be thrilled to hear it. I know I am and I am not an entrepreneur yet, I am still on the research phase. This Des Moines source has proven to be very helpful for someone with little economic experience like me.

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Bless your heart
Bless your heart