Carolina's compass for public strategies

Add site

to your favorites
Search this site          

Imperative 6
A Prosperous Economy

Our Vision

North Carolina’s growing, diversified economy is competitive in the global marketplace. High-quality jobs are plentiful across all economic, geographic and demographic sectors. “Knowledge workers” dominate the workforce, and citizens take advantage of modern technology to create new economic opportunities. Sound investments in people and infrastructure have accelerated our transition from traditional to knowledge-based economies. Through our willingness to think boldly we have built a "New Economy" on the foundation of our traditional economic strengths.

Promote dynamic & sustainable economic growth Long-term Economic Growth
Short-term growth
Personal Income
The economic transition of the past two decades has left many in our state battered and bewildered. To ensure that no North Carolinian is left behind, the state should work to create not only a strong economy but one that is diverse enough to weather the ups and downs of global markets and can be sustained over the long term.
Attract & nurture emerging economic sectors

Economic Climate
Innovation Capacity
New Economy Jobs
Foreign Capital

If North Carolina is to profit from "New Economy" opportunities, both public and private investments will be required. The state will need to stimulate private investment in technology and innovation while it makes necessary public investments in education, training, and infrastructure ranging from telecommunications to transportation.

Revitalize traditional economic sectors Industrial Transition
Manufacturing Vitality
Agricultural Vitality
Global Competitiveness
The transformation of North Carolina's traditional economy — including the manufacturing and agricultural industries — is well under way. In economic terms, this transformation involves a shift from traditional to knowledge-based manufacturing and a greater focus on international trade. In human terms, it often means layoffs and economic hardships, a burden felt disproportionately by rural communities. Strengthening these industries for the long term will require innovation, modernization, and new ventures.