2025 Q2 Economic Indicators
As the High Country economy moves through its busy summer tourism period, and the State of North Carolina reclaims its ranking as the #1 state for business in the United States, the Boone Area Chamber of Commerce released its Q2 Economic Indicators Report for 2025.
This quarterly report examines five key statistics within the Watauga County & High Country Economy:
- Residential Home Sales
- Sales Tax
- Occupancy Tax
- Unemployment Rates
- New Single-Family Homes
This report also features a summary of local impacts by Dr. Harry Davis, Appalachian State and North Carolina Bankers Association Professor and long-standing regional economist, and includes quick stats and commentary on local commercial real estate activity provided by James Milner, CCIM, Appalachian Commercial Real Estate and a summary of the residential real estate market supplied by Stacie Pineda, Stacie Pineda Real Estate Group.
VIEW REPORT HERE
"North Carolina’s population growth continues to be the envy of most states and helps provide a positive impact to state revenue collections. Tourism in the High Country is clearly on the mend and improving with seasonal traffic." - Dr. Harry Davis
The 2025 Q2 Economic Indicators report was developed and data compiled with the assistance of the Watauga County Economic Development Commission, Watauga County Tourism Development Authority, High Country Association of Realtors, and the Chamber’s Business Development Committee.
A review of data for previous reports can be found here:
Quarter 1 (May 2025) Economic Indicators
Quarter 3 + 4 (January 2025) Economic Indicators
Quarter 2 (July 2024) Economic Indicators
To contact Dr. Harry Davis for follow-up comments, please contact the Walker College of Business at Appalachian State University at 828-262-4030. For James Milner, email james@appalachiancre.com. To reach Stacie Pineda, email stacie@staciepineda.com or email david@boonechamber.com.