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

As state nears 25,000 COVID-19 cases, rural NC infection rates are the highest

On Monday, North Carolina reported 24,000 positive COVID-19 ...

State and Federal COVID-19 policy updates

Top Stories from NCPW

  • News
  • Commentary

At the end of an hour-long question-and-answer session with UNC-Chapel Hill Chancellor Kevin Guskiew [...]

North Carolina House lawmakers will consider an elections bill today that would provide temporary fu [...]

If the North Carolina Department of Transportation's financial practices were a highway, it wou [...]

High school students in the small mountain town of Sylva have been going to extreme lengths to find [...]

Yesterday – the 75th Memorial Day since the end of World War II (and the first in more than century [...]

The post Hark the sound of childhood hunger appeared first on NC Policy Watch. [...]

We’ve known for a long time that former President Barack Obama lives rent-free inside Donald Trump’s [...]

Ask a public education advocate when our society began doubting and undervaluing public schools and [...]