STATE OF MANUFACTURING – North Carolina Manufacturing

by Joe Jackson

Marketing & Events Assistant, PMPA

Published September 1, 2024

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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.

 

 

 

 

Author

Joe Jackson

Marketing & Events Assistant, PMPA

Email: gro.apmp@noskcajj — Website: pmpa.org.