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Patrick McHugh, Economic Analyst

Patrick joined the Budget & Tax Center in December 2014 as the Center’s dedicated economic analyst. Immediately prior to joining the Budget and Tax Center, Patrick served as a Fiscal Analyst for the North Carolina General Assembly where his duties included economic impact modeling, tax and appropriation analysis, and monitoring economic development policy. Patrick has also worked for the International Economic Development Council in Washington, DC and the Center for Competitive Economies at UNC Chapel Hill’s Kenan-Flagler Business School. Patrick holds a Ph.D. in Political Science from the UNC Chapel Hill and has worked on a range of economic issues including labor force dynamics, disaster recovery, sustainable development, and workforce development.
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Down Home Capital

Posted by Patrick McHugh, Economic Analyst

Feb 2, 2017 4:40:10 PM

North Carolina has the potential to turn a grave challenge into a transformative economic opportunity. Thousands of businesses could disappear over the coming years as baby boomer entrepreneurs enter retirement, threatening to deal a heavy blow to communities across the state. However, by helping many of these firms convert into employee-owned companies, we can keep their doors open, give workers an ownership stake into their economic future, and buttress local economies.

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Topics: Employee-Ownership

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