The document analyzes key economic indicators and industry structure for North Carolina. It shows that in 2013, North Carolina's largest industries by employment share were trade/transportation/utilities (19%), government (16%), and manufacturing (13.6%). It also provides data on employment growth, wages, housing permits, prices, and delinquency rates to compare North Carolina's economic performance to national trends from 2003 to 2014.
1. North Carolina Industry Structure
6
0.6
4.3
8.8
19.0
2.0
5.8
13.6
15.5
10.4
4.0
16.0
0.1
4.3
10.9
18.6
1.7
5.1
13.6
13.8
10.6
3.7
17.6
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0
Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government
EmploymentShare (Percent)
2013 U.S.
North Carolina
Source: Bureau of Labor Statistics/Haver Analytics
2. North Carolina Industry Growth
Percent Change in Employment from a Year Ago, NSA
13
1.5
3.4
2.6
0.5
1.9
-2.5
0.8
3.7
1.5
2.9
0.6
-0.2
1.4
0.0
2.5
0.0
2.2
0.7
1.0
3.4
1.1
0.8
2.5
0.0
-4.0 -2.0 0.0 2.0 4.0 6.0
Total
Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government
Percent
February 2014 U.S.
North Carolina
Source: Bureau of Labor Statistics/Haver Analytics
3. North Carolina Payroll Employment
20
-7.0
-6.0
-5.0
-4.0
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
YoY%Chg
U.S.
North Carolina
February 2014
US: 1.6%
NC: 1.2%
Source: Bureau of Labor Statistics/Haver Analytics
4. North Carolina Unemployment Rate
27
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
11.0
12.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Percent
U.S.
North Carolina
February 2014
US: 6.7%
NC: 6.4%
Source: Bureau of Labor Statistics/Haver Analytics