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In 2019, North Carolina's total gross state product was around $591 billion. According to the Bureau of Economic Analysis, the state's 2010 total gross state product was $424.9 billion, making it the ninth wealthiest state in terms of gross domestic product. [1] Its 2007 per capita personal income was $33,735, placing 36th in the nation.
North Carolina ( / ˌkærəˈlaɪnə / ⓘ KARR-ə-LY-nə) is a state in the Southeastern region of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, South Carolina to the south, Georgia to the southwest, and Tennessee to the west. The state is the 28th-largest and 9th-most populous of the United States.
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Aug 30, 2023 · North Carolina's economy ranks 11th in size among states and Washington, DC. Explore this page to learn about the state's economic growth, job market, and economy size, backed by data from reputable sources like the Bureau of Economic Analysis and the Bureau of Labor Statistics. How is the job market in North Carolina? Unemployment rate.
2 days ago · At the same time, the state’s service sector also expanded, keeping pace with the trend of the national economy. North Carolina’s prosperity, natural beauty, and reputation for stable government have given it an image of progress and opportunity, even as it maintains its strong Southern identity. Area 53,819 square miles (139,391 square km).
North Carolina’s economy was based mainly on the growing of tobacco in the 1700s and 1800s and on the manufacture of tobacco products and textiles in the early 1900s. While these activities remain important segments of the state’s economy, they have largely been overshadowed by other industries and services.
Nov 4, 2019 · North Carolina had the 11th largest economy by gross domestic product (GDP) in the U.S. in 2018 at nearly $566 billion, increasing 2.9% from 2017 – level with U.S. GDP growth and higher than NC’s 2017 rate (2.2%). Combined, the Finance and Manufacturing sectors accounted for 38% of the state’s GDP.
