Manufacturing Matters
Manufacturing matters to our state, to our country and to the world. Manufacturing continues to be the leading contributor to North Carolina’s $398 billion Gross Domestic Product (GDP), at 18.2% in 2009, or over $72 billion. The next highest contributor to the state’s GDP is real estate, rental and leasing: $41 billion, or just over 10%. In addition, manufacturing employs 15.1% of the total workforce, providing above-average wage jobs to more than 500,000 individuals.
North Carolina has been the most productive manufacturing state in the Southeast for over a decade. After years of ranking between 7th and 5th in the nation in manufacturing output, in 2006 North Carolina took over 4th place from Illinois, Pennsylvania, and Michigan. This strong manufacturing performance is a key reason that North Carolina ranked 10th for its total contribution to the US GDP: $398 billion in 2009.
Manufacturing Matters to North Carolina because:
- Manufacturing contributes billions to the North Carolina economy
- Manufacturing provides good jobs at competitive wages to half a million North Carolinians
- Manufacturing supports the economies of the state's most populous regions
- North Carolina manufacturers make almost anything that can be made
- North Carolina manufactured goods are exported all over the world
- Manufacturing is changing, but remains vital to our economy