Source: WRAL TECHWIRE, 7/15/20

North Carolina’s agriculture and agribusiness industry remains a powerhouse, generating about one-sixth of the state’s income and jobs. It recently set a record in terms of its contributions to the state’s gross domestic product. A new industry snapshot (PDF) – the latest in an annual series that North Carolina State University economist Mike Walden began compiling in the 1980s – shows that over 16%, or $92.7 billion of the $564 billion gross state product was contributed by value-added income from food, natural fiber and forestry industries in 2018. That’s up from $91.8 billion in 2017.

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