Economy of North Carolina
However, North Carolina has been affected by offshoring and industrial growth in countries like China; one in five manufacturing jobs in the state has been lost to overseas competition.
[3] As these factories closed and moved to low-wage markets in Asia and Latin America, the small towns that depended upon them have suffered.
Over the past century, North Carolina has grown to become a national leader in agriculture, financial services, and manufacturing.
[5] In recent years, another important Carolina industry, furniture production, has also been hard hit by jobs moving to Asia (especially China).
North Carolina's agricultural outputs include poultry and eggs, tobacco, hogs, milk, nursery stock, cattle, sweet potatoes, cotton, and soybeans.
The cultivated productions of the Mountain section are sweet corn, wheat, oats, barley, hay, tobacco, fruits and vegetables.
In the deep, loamy soils of the coastal region, cotton, corn, and oats are the staple crops, and truck farming (growing fruits and vegetables for northern markets), constitutes a flourishing industry.
Little old growth longleaf area is left; much has been replanted in loblolly pine, which is used for paper pulp, plywood, and lumber.
[8] North Carolina is an at-will employment state, meaning employees in the private sector may be dismissed without prior notice or reason.
Long-term analyses of U.S. policies demonstrate how favorable regulations can accelerate solar adoption, a consideration particularly relevant to North Carolina.
[21] Wind power in North Carolina is found along the coastal areas in the east and mountain regions in the western part of the state.
[33][34] Charlotte, North Carolina's largest city, continues to experience rapid growth, in large part due to the banking and finance industry.
The facility incorporates corporate, academic, commercial and residential space, oriented toward research and development (R&D) and biotechnology.
Similarly, the Wake Forest Innovation Quarter (formerly the Piedmont Triad Research Park) is a multi-university collaboration in Winston-Salem that specializes in digital media, advanced materials, biomedical science and information technology.
[38] In 2006, University of North Carolina at Greensboro and North Carolina A&T State University joined forces to create the Gateway Research Park Archived 2019-07-15 at the Wayback Machine, a technology-based research entity which focuses its efforts on areas such as nanotechnology, biotechnology & biochemistry, environmental sciences, and genetics among other science-based disciplines.
Wilmington is the home of EUE Screen Gems Studios, the largest domestic television and film production facility outside of California.
Some of the best-known films and television series filmed in the state include: Forrest Gump, Bull Durham, Richie Rich, Divine Secrets of the Ya-Ya Sisterhood, All the Real Girls, The Secret Life of Bees, Being There, Blue Velvet, A Walk to Remember, Glory, The Color Purple, Cabin Fever, Super Mario Bros., Cape Fear, Children of the Corn, The Crow, Cyborg, Dawson's Creek, Dirty Dancing, Evil Dead II, The Fugitive, The Green Mile, Hannibal, The Last of the Mohicans, Maximum Overdrive, Nell, One Tree Hill, Patch Adams, Junebug, Shallow Hal, Talladega Nights: The Ballad of Ricky Bobby, Teenage Mutant Ninja Turtles III, Leatherheads, Nights in Rodanthe, The Hunger Games trilogy and 28 Days.
Tourism destinations in the state include amusement parks, golf, wineries, beaches, mountains, and sports venues.
