The document analyzes key economic indicators and industry structure for North Carolina. It shows that in 2013, North Carolina's largest industries by employment share were trade/transportation/utilities (19%), government (16%), and manufacturing (13.6%). It also provides data on employment growth, wages, housing permits, prices, and delinquency rates to compare North Carolina's economic performance to national trends from 2003 to 2014.

1. North Carolina Industry Structure
6
0.6
4.3
8.8
19.0
2.0
5.8
13.6
15.5
10.4
4.0
16.0
0.1
4.3
10.9
18.6
1.7
5.1
13.6
13.8
10.6
3.7
17.6
0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 20.0
Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government
EmploymentShare (Percent)
2013 U.S.
North Carolina
Source: Bureau of Labor Statistics/Haver Analytics

2. North Carolina Industry Growth
Percent Change in Employment from a Year Ago, NSA
13
1.5
3.4
2.6
0.5
1.9
-2.5
0.8
3.7
1.5
2.9
0.6
-0.2
1.4
0.0
2.5
0.0
2.2
0.7
1.0
3.4
1.1
0.8
2.5
0.0
-4.0 -2.0 0.0 2.0 4.0 6.0
Total
Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government
Percent
February 2014 U.S.
North Carolina
Source: Bureau of Labor Statistics/Haver Analytics

3. North Carolina Payroll Employment
20
-7.0
-6.0
-5.0
-4.0
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
YoY%Chg
U.S.
North Carolina
February 2014
US: 1.6%
NC: 1.2%
Source: Bureau of Labor Statistics/Haver Analytics

4. North Carolina Unemployment Rate
27
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
11.0
12.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Percent
U.S.
North Carolina
February 2014
US: 6.7%
NC: 6.4%
Source: Bureau of Labor Statistics/Haver Analytics

5. North Carolina Initial Unemployment Claims
34
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Source: Bureau of Labor Statistics/Haver Analytics

6. North Carolina Real Personal Income
48
-4.0
-3.0
-2.0
-1.0
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YoY%Chg
U.S.
North Carolina
4Q: 2013
US: 0.4%
NC: 0.9%
Source: Bureau of Economic Analysis/Haver Analytics

7. North Carolina Wages and Salaries
55
-6.0
-4.0
-2.0
0.0
2.0
4.0
6.0
8.0
10.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YoY%Chg
U.S.
North Carolina
4Q: 2013
US: 2.1%
NC: 2.8%
Source: Bureau of Economic Analysis/Haver Analytics

8. North Carolina Building Permits
Single-Family Homes
62
-60.0
-40.0
-20.0
0.0
20.0
40.0
60.0
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
YoY%Chg
3-monthmovingaverage
U.S.
North Carolina
February 2014
US: 3.0%
NC: -0.3%
Source: US Census Bureau/Haver Analytics

9. North Carolina House Price Index—FHFA
69
-9.0
-6.0
-3.0
0.0
3.0
6.0
9.0
12.0
15.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
YoY%Chg
U.S.
North Carolina
4Q: 2013
US: 4.8%
NC: 1.1%
Source: Federal Housing Finance Agency/Haver Analytics

10. North Carolina Housing Starts
75
0
500
1000
1500
2000
2500
0
20
40
60
80
100
120
140
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
SAAR,thousands
SAAR,thousands
North Carolina (Left Axis) United States (Right Axis)
Source: Bank of Tokyo-Mitsubishi UFJ/Haver Analytics

11. North Carolina Mortgage Delinquency Rate
90+ days delinquent
82
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Percent
Subprime Mortgages
Total Mortgages
Prime Mortgages
4Q: 2013
Subprime:10.2%
Total: 2.6%
Prime: 1.2%
Source: Mortgage Bankers Association/Haver Analytics

12. North Carolina Foreclosure Inventory Rate
89
0.0
2.0
4.0
6.0
8.0
10.0
12.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Percent
Subprime Mortgages
Total Mortgages
Prime Mortgages
4Q: 2013
Subprime:6.0%
Total: 1.7%
Prime: 1.0%
Source: Mortgage Bankers Association/Haver Analytics

13. North Carolina Foreclosure Starts Rate
96
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Percent
Subprime Mortgages
Total Mortgages
Prime Mortgages
4Q: 2013
Subprime:1.6%
Total: 0.5%
Prime: 0.3%
Source: Mortgage Bankers Association/Haver Analytics