GDP
Total economic output.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED NCRGSP).
| Indicator | North Carolina | U.S. |
|---|---|---|
| GDP (USD B) | 838 | 29200 |
- •North Carolina's economy is larger than that of Norway or Austria.
GDP Growth
Real growth of output.
Real GDP growth
1998–2025Annual % change in BEA real GDP (NCRGSP).
| Indicator | North Carolina | U.S. |
|---|---|---|
| Real GDP growth (%) | 3.2 | 2.8 |
Personal Income
Income per resident.
Per capita personal income
1970–2025BEA, current dollars (FRED NCPCPI).
| Indicator | North Carolina | U.S. |
|---|---|---|
| Personal income per capita (USD) | 62200 | 69800 |
Median Household Income
Typical household income.
Median household income (CPS)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSNCA646N).
| Indicator | North Carolina | U.S. |
|---|---|---|
| Median household income (USD) | 70800 | 77719 |
Poverty Rate
Share living below the poverty line.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAANC37000A156NCEN).
| Indicator | North Carolina | U.S. |
|---|---|---|
| Poverty rate (%) | 12.8 | 12.5 |
Inflation
Consumer price change.
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
CPI inflation, South region
2007–2025BLS CPI-U all items, South region, annual average change (CUUR0300SA0).
| Indicator | North Carolina | U.S. |
|---|---|---|
| CPI change (%) | 3.0 | 3.0 |
Economic Output
Output per resident and worker.
Nominal GDP (current dollars)
1997–2025BEA, current dollars (FRED NCNGSP).
| Indicator | North Carolina | U.S. |
|---|---|---|
| GDP per capita (USD) | 76300 | 87200 |
Industry Breakdown
Composition of the economy.
Government jobs
1990–2025BLS Current Employment Statistics, annual average (FRED NCGOVT).
Manufacturing jobs
1990–2025BLS Current Employment Statistics, annual average (FRED NCMFG).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED NCCONS).
| Indicator | North Carolina | U.S. |
|---|---|---|
| Manufacturing share of GDP (%) | 15.8 | 10.2 |
- •Charlotte is the second-largest banking center in the United States, home to Bank of America and Truist.