Source: SOUTHERN FARM NETWORK, 6/23/20

Agriculture and Agribusiness
NORTH CAROLINA’S NUMBER ONE INDUSTRY

Agriculture and agribusiness – food, fiber, and forestry – account for one-sixth of the state’s income and
employment. Over 16 percent, or $92.7 billion of the $564 billion gross state product, is contributed by food, fiber, and forestry industries. These industries account for over 772,000 of the state’s 4.4 million employees. The following are the value-added incomes derived from the state’s agricultural and agribusiness sector in 2018. value-added is sales. At the manufacturing, wholesale, and retail levels, value-added does not include the value of non-North Carolina produced inputs, and value-added avoids the multiple counting of a product used several times in the production chain

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