NC Budget and Tax Center

North Carolina’s productivity is slowing, lagging behind much of the South

Last week, the Bureau of Economic Analysis released the latest data on economic growth measured by the production of goods and services for all 50 states.  North Carolina’s annual growth rate of 1.6 percent ranked the state 19th in the country.  This was below other Southeastern states (1.8 percent) and slightly above the national average (1.5 percent).

North Carolina’s economic performance on this measure is falling short of its potential even in comparison to the South. Neighboring states of South Carolina and Tennessee outperformed the Old North State, as did Georgia.

Check Also

Starved of capital, small businesses in rural NC are fading away

Along the Roanoke River, economic developers and policymakers ...

Top Stories from NCPW

  • News
  • Commentary

Despite concerns, Treasurer Dale Folwell maintains state investments in much-criticized company that [...]

If you only look at the unemployment rate and the stock market, you probably think most families are [...]

It’s a strikingly familiar tale in North Carolina: voters are waiting with bated breath for a court [...]

This week, five years after a federal judge struck down North Carolina’s ban on same-sex marriage, t [...]

Tonight's Democratic presidential debate will be dominated by two urgent issues: the House of R [...]

Supporters of public education fight back against empty promises of state’s school privatization mov [...]

Survey of hold-out states indicates the Medicaid expansion debate has entered a new phase Across the [...]

The post Rep. Lewis’ divided interest appeared first on NC Policy Watch. [...]