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NC manufacturing worth more than $100 billion to state’s economy

 

Sept. 28. With more than 10,250 manufacturers, North Carolina is the fifth largest manufacturing economy in the United States, and the largest in the Southeast.

“From life-saving treatments and medical supplies to personal jets and agricultural equipment, North Carolina-made products are making tremendous impacts on the world,” said Gov. Roy Cooper. He has declared this week Manufacturing Week in North Carolina.

By the numbers:

Value to the economy: $107.1 billion

For every $1 spent in manufacturing, $1.84 is generated

Represents 19.5% gross state product

95% of the $26.9 billion NC exports is manufactured here

66% of economic development projects announced in 2020 were manufacturing

Total jobs pre-pandemic: 472,000

Total post-pandemic: 459,000

North Carolina’s economy is deeply rooted in manufacturing.

“Our success and post-pandemic recovery are not possible without the talented workforce that supports our diverse manufacturing sector,” said N.C. Commerce Secretary Machelle Baker Sanders.

Discussion

2 Responses to “NC manufacturing worth more than $100 billion to state’s economy”

  1. I’d like to read more, what is the source of this data/article?

    Posted by Tom Rider | September 28, 2021, 3:15 pm

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