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

Published On: September 28, 2021Tags:

 

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.

2 Comments

  1. Tom Rider September 28, 2021 at 3:15 pm

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

Comments are closed.

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