North Carolina

Dashboard 2030

Tracking North Carolina’s progress in economic
development, business climate and job growth

Dashboard 2030 informs dialogue and catalyzes action to address North Carolina’s economic development challenges and opportunities. It provides independent and objective data on leading indicators in four critical areas important for state and business competitiveness.

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Education & Talent Supply

Developing and sustaining a first-rate education and talent development system that is effective and agile will ensure that North Carolina can consistently produce a competitive, diverse, world class workforce.

NC universities’ 6-year graduation rate exceeds the
national rate.

Increase in STEM degrees in NC
from 2003 to 2013

20%

The number of science, technology, engineering, and math (STEM) degrees awarded to 18-24 year olds increased from 2003 to 2013.

Pre-School Enrollment

Percentage of 3 and 4 year-olds enrolled in 2015 in NC was lower than the U.S. percentage.

43%
NC
47%
US

Education & Talent Supply

North Carolina
Dashboard 2030

Competitive Business Climate

North Carolina’s ability to retain, attract, and create businesses and good jobs is critical for our overall economic success.

Eight NC counties - all urban - have an average compensation per job that is higher than the state
average in 2015.

Four of those also outstrip the national average.

Average compensation per job in NC in 2015

$53,285

This is up by $3,120 from 2004.

Businesses with 10 to 99 employees accounted for 1.8 million jobs in North Carolina in 2011.

Employees
NC

Competitive Business Climate

North Carolina
Dashboard 2030

Entrepreneurship & Innovation

Entrepreneurship and innovation lead to capital formation, investment, and the creation of businesses and jobs in new, high-growth industries that will be important for North Carolina’s competitive advantage in the future.

Fourteen states out-performed NC on business-related R&D as a percentage of private industry output in 2013


Venture Capital Disbursed per $1,000 of State GDP

$0.71

20 States out-performed NC.

  • California $11.75
  • Massachusetts $10.17
  • Utah $5.66
  • New York $3.04
  • Washington $2.92
  • Colorado $2.59
  • Rhode Island $2.26
  • Connecticut $2.06
  • New Hampshire $1.58
  • Illinois $1.43
  • Vermont $1.32
  • Pennsylvania $1.17
  • Minnesota $1.16
  • Georgia $1.04
  • Maryland $1.04
  • Virginia $1.03
  • Florida $1.03
  • Texas $0.91
  • Arizona $0.90
  • Oregon $0.89

20 states, including VA, had a higher percentage of high-tech employment than NC in 2012.

11%
NC
18%
VA

Entrepreneurship & Education

North Carolina
Dashboard 2030

Infrastructure & Growth Leadership

A sound physical infrastructure that provides predictable access to energy, transportation, broadband, water, and clean air is important to meeting demand related to population and business growth.

From 2006 to 2016, populations grew in NC's urban, rural, and suburban counties.

Urban counties grew the most, with a 17% growth rate.

Mean Travel Time to Work in North Carolina in 2015

24min

New York has the longest commuting time with 33 minutes. South Dakota has the shortest commutes with 17 minutes.

Total Energy Prices per BTU in North Carolina in 2014

$23.02

Slightly higher than the US average of $21.33.

Infrastructure & Growth Leadership

North Carolina
Dashboard 2030

North Carolina

Dashboard 2030

Tracking North Carolina’s Progress in economic development, business climate and job growth

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