North Carolina Real Gross Domestic Product Growth by Decade

Briefing Report Outline:

1.	Map - North Carolina Real* Gross Domestic Product Growth by County, 2002-2021
2.	Table - North Carolina Real* Gross Domestic Product Growth by County, 2002-2021
3.	Table - North Carolina Real* Gross Domestic Product Growth by Region, 2002-2021

Page 1 of 5

Real* Gross Domestic Product Growth by County

Average Annual Percent Change, 2002-2021

North Carolina:

2002-2021 = 2.10%

U.S.:

2002-2021 = 1.99%

Real* Gross Domestic Product Growth of North Carolina's 100 Counties:

Average Growth Distributions by Decade over 2002-2021

	2002-2021	2010-2019	2020-2021	2021
More than 2.5%	16	16	0	88
2.5% to 2.0%	6	7	0	1
2.0% to 1.5%	9	19	0	6
1.5% to 1.0%	15	7	0	1
1.0% to 0.5%	18	9	0	1
0.5% to 0.0%	13	12	0	0
0.0% to -0.5%	12	9	0	0
-0.5% or Below	11	21	100	3
Total	100	100	100	100

*Real gross domestic product estimates are measured in chained (2012) dollars.

Page 2 of 5

North Carolina Real* Gross Domestic Product Growth by County:
Average Annual Percent Change, 2002-2021

	2002-2021		2010-2019		2020-2021		2021
County	%	Rank	%	Rank	%	Rank	%	Rank

Durham	4.32	1	2.14	23	5.91	4	8.96	11
Wake	4.22	2	4.98	3	3.83	14	9.45	8
Pender	3.91	3	4.14	5	3.61	18	6.97	40
Mecklenburg	3.68	4	2.46	17	4.26	11	5.97	51
Currituck	3.42	5	3.54	8	2.79	31	7.67	27
Iredell	3.06	6	3.31	13	6.26	2	10.30	6
Lincoln	3.03	7	3.97	6	2.85	30	6.84	42
Transylvania	2.98	8	7.50	1	1.07	66	6.02	50
Johnston	2.86	9	3.81	7	2.22	41	5.15	62
Macon	2.80	10	5.00	2	1.70	52	1.65	92
Franklin	2.77	11	1.04	49	2.27	39	2.69	87
New Hanover	2.58	12	1.86	28	4.40	10	8.03	21
Davie	2.48	13	4.40	4	2.27	40	7.80	25
Buncombe	2.47	14	3.37	12	1.66	54	8.32	17
Swain	2.47	15	1.86	27	3.27	22	4.40	73
Union	2.46	16	2.89	14	3.75	16	7.85	24
Hoke	2.40	17	-2.32	93	2.55	33	3.41	82
Pitt	2.34	18	1.65	36	2.03	45	5.80	53
Onslow	2.29	19	-0.49	79	3.34	21	6.79	43
Brunswick	2.15	20	1.78	31	1.77	51	4.85	70
Perquimans	2.13	21	2.20	22	4.02	13	7.09	38
Granville	2.07	22	-0.30	75	0.67	75	2.58	88
Jackson	1.96	23	1.94	25	3.61	19	7.95	23
Orange	1.86	24	1.99	24	0.80	71	5.36	58
Clay	1.81	25	1.52	41	4.98	8	8.64	14
Dare	1.70	26	2.73	16	2.90	28	7.34	33
Moore	1.67	27	2.84	15	2.61	32	7.62	28
Cleveland	1.64	28	3.47	9	0.77	72	4.49	72
Cumberland	1.62	29	-0.03	71	2.14	43	5.37	57
Watauga	1.62	30	1.40	43	1.90	49	8.25	19
Carteret	1.60	31	1.86	29	1.08	65	5.73	54
Harnett	1.53	32	1.87	26	1.60	57	5.48	56
Camden	1.48	33	-5.20	99	5.78	5	9.44	9
Montgomery	1.44	34	3.45	10	3.05	25	6.93	41
Alamance	1.41	35	1.68	34	3.42	20	8.07	20
Nash	1.35	36	0.69	53	4.82	9	8.36	16
Haywood	1.25	37	1.50	42	1.17	64	3.96	77
Henderson	1.23	38	1.69	33	1.61	56	7.37	31
Gaston	1.20	39	1.63	37	1.94	47	8.42	15
Rowan	1.19	40	1.62	38	3.03	26	7.30	35
Pasquotank	1.16	41	-0.27	74	2.91	27	4.91	69
Chowan	1.14	42	2.38	19	2.17	42	5.06	65
Craven	1.11	43	0.28	64	2.41	36	4.98	67
Yadkin	1.09	44	0.93	50	2.31	37	8.29	18
Richmond	1.08	45	2.44	18	-1.77	96	1.64	93
Polk	0.99	46	0.45	60	6.00	3	9.11	10
Cabarrus	0.98	47	1.31	45	4.02	12	9.49	7
Cherokee	0.95	48	0.57	58	3.09	23	7.69	26
Hertford	0.95	49	1.14	47	2.86	29	6.07	49
Pamlico	0.92	50	-0.46	78	0.89	69	4.67	71
Gates	0.85	51	1.53	40	0.74	73	-1.83	99
Lenoir	0.75	52	2.38	20	1.51	58	5.12	63
Forsyth	0.75	53	0.72	52	-0.54	88	7.36	32
Davidson	0.74	54	0.62	55	1.65	55	7.33	34
Ashe	0.72	55	0.35	63	1.35	61	4.94	68
Yancey	0.71	56	1.85	30	-1.29	95	1.99	90
Avery	0.63	57	0.57	57	1.96	46	6.23	47
Guilford	0.61	58	0.17	66	0.67	74	5.31	59
Greene	0.60	59	-0.21	73	3.08	24	12.46	3
Alexander	0.59	60	1.67	35	1.78	50	8.80	13
Catawba	0.54	61	1.04	48	2.07	44	8.03	22
Madison	0.53	62	0.01	70	1.21	63	3.97	76
Beaufort	0.45	63	0.65	54	0.87	70	2.85	85
Wayne	0.43	64	0.17	67	1.91	48	5.69	55
Stanly	0.43	65	1.38	44	-0.10	85	3.86	78
Jones	0.37	66	1.72	32	7.24	1	32.46	1
Columbus	0.30	67	-0.54	80	2.42	35	6.59	44
Stokes	0.27	68	-2.54	96	5.78	6	17.43	2
Tyrrell	0.24	69	3.37	11	-2.98	99	-6.47	100
Lee	0.21	70	-2.15	91	2.53	34	8.94	12
Graham	0.19	71	0.35	62	-2.54	98	1.60	94
Robeson	0.18	72	0.42	61	1.69	53	5.31	60
Edgecombe	0.12	73	-6.47	100	2.28	38	7.24	36
Randolph	0.07	74	0.13	68	0.61	78	5.00	66
Washington	0.04	75	-2.04	90	3.68	17	-1.67	98
Mitchell	0.00	76	2.23	21	-3.79	100	3.72	80
Caswell	-0.02	77	-0.91	84	-1.92	97	0.89	97
Chatham	-0.05	78	-2.22	92	3.80	15	7.07	39
Scotland	-0.08	79	0.11	69	0.60	79	7.42	30
Rutherford	-0.13	80	1.59	39	0.48	80	5.92	52
Halifax	-0.14	81	0.25	65	-0.66	89	4.14	75
Sampson	-0.17	82	-0.08	72	1.31	62	10.64	5
Northampton	-0.18	83	-0.69	83	-0.36	86	3.50	81
Anson	-0.19	84	1.16	46	-1.04	93	5.17	61
Surry	-0.22	85	0.73	51	1.40	60	7.17	37
Person	-0.23	86	-0.63	82	-1.19	94	7.46	29
Warren	-0.26	87	-2.49	95	0.62	77	1.83	91
Hyde	-0.33	88	0.50	59	0.67	76	6.53	45
Duplin	-0.35	89	-2.91	98	5.26	7	11.25	4
Alleghany	-0.47	90	-0.45	77	-0.87	91	2.87	84
Caldwell	-0.49	91	0.58	56	-0.10	84	1.43	96
Rockingham	-0.65	92	-1.60	87	0.28	81	3.81	79
Burke	-0.68	93	-0.57	81	0.94	68	5.11	64
McDowell	-0.81	94	-1.97	89	-0.92	92	1.54	95
Wilkes	-0.90	95	-0.44	76	0.98	67	6.20	48
Wilson	-0.96	96	-2.45	94	-0.68	90	2.09	89
Vance	-1.23	97	-1.03	86	0.03	82	4.30	74
Martin	-1.52	98	-1.02	85	-0.09	83	2.69	86
Bertie	-1.68	99	-1.68	88	-0.45	87	6.28	46
Bladen	-1.76	100	-2.60	97	1.48	59	2.93	83

North Carolina	2.10		1.73		2.88		6.96
Metropolitan	2.40		1.92		3.10		7.16
Nonmetropolitan	0.34		0.53		1.33		5.56

United States	1.99		2.25		1.59		5.95
Metropolitan U.S.	1.97		2.24		1.71		6.24
Nonmetropolitan U.S.	1.34		1.49		0.09		2.89

*Real gross domestic product growth estimates are measured in chained (2012) dollars.

Source: Calculations by the North Carolina Regional Economic Analysis Project (NC-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis

November 2023

REAP_PI_CA1400_DECADES_2002A

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North Carolina Real* Gross Domestic Product Growth by Region:
Average Annual Percent Change, 2002-2021

	2002-2021	2010-2019	2020-2021	2021
Metropolitan Statistical Areas	%	%	%	%
Asheville	2.03	2.75	1.59	7.64
Burlington	1.41	1.68	3.42	8.07
Charlotte-Concord-Gastonia	3.12	2.55	3.94	6.62
Durham-Chapel Hill	3.28	1.56	4.39	7.84
Fayetteville	1.58	0.01	2.09	5.28
Goldsboro	0.43	0.17	1.91	5.69
Greensboro-High Point	0.43	0.01	0.63	5.17
Greenville	2.34	1.65	2.03	5.80
Hickory-Lenoir-Morganton	0.13	0.69	1.49	6.45
Jacksonville	2.29	-0.49	3.34	6.79
Raleigh-Cary	4.06	4.78	3.67	8.98
Rocky Mount	0.67	-2.03	4.19	8.09
Virginia Beach-Chesapeake-Norfolk	0.95	0.00	1.94	6.34
Wilmington	2.69	2.05	4.32	7.92
Winston-Salem	0.77	0.68	0.16	7.72

North Carolina	2.10	1.73	2.88	6.96
Metropolitan	2.40	1.92	3.10	7.16
Nonmetropolitan	0.34	0.53	1.33	5.56

United States	1.99	2.25	1.59	5.95
Metropolitan U.S.	1.97	2.24	1.71	6.24
Nonmetropolitan U.S.	1.34	1.49	0.09	2.89

*Real gross domestic product growth estimates are measured in chained (2012) dollars.

Source: Calculations by the North Carolina Regional Economic Analysis Project (NC-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis

November 2023

REAP_PI_CA1400_DECADES_2002B

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