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$418bn to $407bn
- The Great Recession lasted 6 quarters from the end of 2007 Q4 to 2009 Q2 and in that time the US economy lost $634bn in Real GDP. In the same period North Carolina’s economy fell from $418bn to $407bn, a 2.6% decline that was the 20 th best performance when compared to all other states.
economyofstates.com › north-carolinas-economy-2008-great-recession
Jul 2, 2017 · The Real Gross Domestic Product (Real GDP) of North Carolina’s economy fell by 2.6% during the 2008 Great Recession, but this was better than the national average of 4.3%. The Great Recession lasted 6 quarters from the end of 2007 Q4 to 2009 Q2 and in that time the US economy lost $634bn in Real GDP.
2008: €284,739m: $418,793m: 2.2%: 2007: €292,952m: $401,491m-0.1%: 2006: €308,637m: $387,525m: 5.2%: 2005: €285,724m: $355,470m: 4.6%: 2004: €265,197m: $329,879m: 3.4%: 2003: €274,389m: $310,389m: 2.3%: 2002: €314,981m: $297,846m: 1.5%: 2001: €321,650m: $288,070m: 2.5%: 2000: €301,005m: $278,009m: 3.2%: 1999: €248,992m: $265 ...
According to the U.S. Census Bureau, an average of 8.3 percent of the White, non-Hispanic labor force was unemployed between 2008 and 2010, a period that encompasses the heart of the recession in North Carolina. The unemployment rate among African-American workers was 15.4 percent, while 12.4 percent of Hispanic workers were unemployed.
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.
For North Carolina, the economic slowdown began in earnest the second quarter of 2008. Prior to then, it appeared the State might weather the economic turmoil experienced by some states and avoid recession-like conditions.
Jun 2, 2023 · Watchlist. Overview. Interactive Chart. Level Chart. View Full Chart. Historical Data. View and export this data back to 1997. Upgrade now. North Carolina GDP is at a current level of 559.51B, up from 541.93B one year ago. This is a change of 3.24% from one year ago.
