Ag continues to grow in North Carolina

Date posted: April 18, 2013

Wheat fieldRoger Winstead photoAgriculture and agribusiness contribute $77 billion to North Carolina's economy, according to the latest figures from N.C. State University economist MIke Walden.

Agriculture and agribusiness — food, fiber, and forestry — continue to grow in North Carolina, according to a new study from N.C. State University.

Dr. Mike Walden, William Neal Reynolds professor and North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences, says that agriculture and agribusiness accounted for almost one-fifth of the state’s income and employees in 2011.

During that year (the latest for which figures are available), more than 17 percent, or $77 billion, of the $440 billion gross state product was contributed by food, fiber, and forestry industries.

These industries accounted for 642,000 of the state’s 3.8 million employees.

More information is available in Walden’s new fact sheet:
http://www.ag-econ.ncsu.edu/faculty/walden/agribusiness-2013.pdf

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