STATE OF MANUFACTURING – North Carolina Manufacturing
by Joe Jackson
Marketing & Events Assistant, PMPA
Published September 1, 2024
Fabricated Metal Products Manufacturing is a subsector of manufacturing that makes critical goods from metal components.
Precision Turned Products Manufacturing is a subsector of fabricated metal product manufacturing that makes the components that MAKE IT WORK!
NORTH CAROLINA ECONOMIC OUTPUT
North Carolina Manufacturing
NAICS 31-33
$102,340,000,000
Fabricated Metal Product Manufacturing
NAICS 332
$10,005,109,000
Precision Turned Product Manufacturing
NAICS 332721
$264,233,000
NORTH CAROLINA MANUFACTURING ACCOUNTS FOR
Manufacturing Is Productivity –17.09% of North Carolina’s total output (GDP)
Manufacturing Builds Businesses –7,639 manufacturing establishments in the state of North Carolina.
Manufacturing Creates Jobs – 10.36% of all North Carolina’s employees are in the manufacturing sector. (474,000 employees)
Manufacturing produces for North Carolina
- Manufacturing is the 3rd largest GDP Producer in North Carolina.
- Fabricated metals rank the 6th of the nation for its manufacturing contribution to the National GDP.
North Carolina is a great place for a career in manufacturing
- Manufacturing jobs pay on average 29% over the average job in North Carolina. (according to NAM.org)
- Job sites are currently reporting in excess of 4,000 available manufacturing job openings in North Carolina.
Sources: NAM.org, US Census, statista.com, IndustrySelect.com
Data selected to show relative values. May not be directly comparable due to differences in sampling, analysis, or date obtained.