North Carolina's Economy, Job Growth Continues To Outperform The Region And The Nation

Press Release

Date: June 28, 2016

Under Governor McCrory's leadership, North Carolina's economy is among the fastest-growing in the nation.

North Carolina's Gross Domestic Product (G.D.P.) recently posted a 15.2% increase since 2013, one of the fastest in the United States (Press release: "Information industry-led growth across states in the fourth quarter," Bureau of Economic Analysis, U.S. Department of Commerce, 6/14/2016)
"The GDP report was consistent with the state's more rapid job growth during 2015 and suggests N.C. has reclaimed its position as one of the faster-growing states in the nation (Jason deBruyn, "N.C. GDP growth outpaces nation," Triangle Business Journal, 6/14/2016)

Since Governor McCrory took office, North Carolina has added more than 280,000 new jobs and is adding jobs faster than the national average. (Local Area Unemployment Statistics (LAUS), Demand Data Driven Delivery System, NC Department of Commerce, accessed 6/17/2016)
Under Governor McCrory, The Unemployment Rate Has Plummeted Across North Carolina

North Carolina's unemployment rate is at an 8-year low, one of the fastest recoveries in the country, and below the national average. ("North Carolina unemployment rate drops to 5.1 percent in May," WRAL, 6/17/2016, "Unemployment rates for states," U.S. Bureau of Labor Statistics)

"North Carolina Unemployment Lowest Since 2008" (Jason deBruyn, "North Carolina unemployment lowest since 2008 ," Triangle Business Journal, 5/20/2016)

North Carolina continues to be one of the most competitive states in the nation for job growth. (John Hood, "NC ranks 9th in job creation," Carolina Journal, 8/24/2015; Press release, "Regional State Employment and Unemployment," U.S. Bureau of Labor Statistics, 6/17/2016)

Since Governor McCrory took office, the unemployment rate is down in every one of North Carolina's 100 counties. (Press release: "North Carolina's unemployment figures released," N.C. Department of Commerce, 6/17/2016)

"County unemployment rates have fallen faster outside of Wake and Mecklenburg counties on average." (Press release: "New data shows NC unemployment lower in all 100 counties under Governor McCrory," Office of the Governor, 6/17/2016)


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